KLCI Futures Seen In 1,720-1,750 Range Next Week

KUALA LUMPUR, July 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with a mildly positive bias within the 1,720-1,750 range, said an analyst.

Profit-taking Seen For Bursa Malaysia Next Week After Recent Strong Gains

KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia is expected to trade in a more modest range next week as investors engage in profit-taking following this week’s strong rally.

Rubber Market Expected To Trade Quietly Next Week Amid Weather Uncertainty

KUALA LUMPUR, July 18 (Bernama) -- The Kuala Lumpur rubber market is expected to trade quietly next week, with demand likely to be supported mainly by replenishment buying amid weather-related supply uncertainties.

CPO Futures Close Lower On Lack of New Market Catalysts

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday in range-bound trade amid an absence of fresh market catalysts, a trader said.

PTT Synergy Unit To Acquire Logistics Software, IP For US$7.1 Mln

KUALA LUMPUR, July 17 (Bernama) -- PTT Synergy Group Bhd’s indirect subsidiary, PTT Robotics Sdn Bhd, has agreed with vTradEx Information Technology (Shanghai) Co Ltd to acquire logistics software and related intellectual property (IP) rights for US$7.10 million (US$1=RM4.09).

TERAJU Needs To Be Growth Facilitator, Not Just Financing Provider - Akmal Nasrullah

CYBERJAYA, July 17 (Bernama) -- Unit Peneraju Agenda Bumiputera (TERAJU) needs to be a 'growth facilitator' that connects bumiputera companies to real opportunities, and not just focus on being a provider of programmes or financing.

Gold Futures Close Lower

KUALA LUMPUR, July 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on profit-taking, despite gains in gold prices on the US Commodity Exchange (COMEX).

Gentari Advances KLIA2 Decarbonisation With 3.1 MWp Solar PV System

KUALA LUMPUR, July 17 (Bernama) -- Gentari Sdn Bhd, through its subsidiary Gentari Renewables Sdn Bhd, has deployed a 3.1 megawatt-peak (MWp) solar photovoltaic (PV) system at Kuala Lumpur International Airport 2 (KLIA2), marking a step forward in the solarisation of Malaysia’s transport infrastructure.

KLCI Futures Close Higher

KUALA LUMPUR, July 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Friday. 

Ringgit Closes Lower As West Asia Developments Weigh On Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 17 (Bernama) -- The ringgit ended the final trading day of the week lower against the US dollar as escalating developments in West Asia weighed on market sentiment.

Bursa Malaysia Higher At Close On Foreign Fund Inflows, Second Quarter GDP

By Siti Noor Afera Abu

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia’s key index closed higher on Friday, supported by sustained foreign fund inflows and improving domestic macroeconomic fundamentals.

Rubber Market Ends Mixed On Regional Futures Performance, Supply Concerns

KUALA LUMPUR, July 17 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, tracking regional rubber futures markets and ongoing expectations of ample natural rubber supply from major producer Thailand during the peak tapping season, a dealer said.