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Indonesia Targets US$5.8 Bln Green Investment Through Carbon Market

By Nik Nurfaqih Nik Wil

JAKARTA, July 6 (Bernama) -- Indonesia's Carbon Economic Value (NEK) instrument is projected to attract up to US$5.8 billion (US$1=RM4.08) in green investment while reducing greenhouse gas emissions by an estimated 570 million tonnes of carbon dioxide (CO2) equivalent.

Gold Futures Close Lower Amid Stronger US Dollar

KUALA LUMPUR, July 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives Gold closed lower on Monday as investors took profits amid a stronger US dollar ahead of the release of the US Federal Reserve's June meeting minutes later this week.

Enest IPO Oversubscribed 1.94 Times Ahead Of ACE Market Listing

KUALA LUMPUR, July 6 (Bernama) -- Enest Group Bhd's initial public offering (IPO) has been oversubscribed by 1.94 times, ahead of its listing on the ACE Market of Bursa Malaysia.

Ringgit Ends Lower As Investors Return To US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 6 (Bernama) -- The ringgit closed lower against the US dollar on Monday as investors returned to the greenback following its recent pullback after a weaker-than-expected US June employment report.

Bursa Malaysia Extends Gains At Midday

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia extended its gains at midday, with financial services, healthcare and transportation stocks leading the gains among heavyweights.

JCAI Advises On Messer’s Acquisition Of WKS Group

KUALA LUMPUR, July 6 (Bernama) -- Japan Corporate Advisory Institute Ltd (JCAI), a Tokyo-headquartered cross-border mergers and acquisitions (M&A) advisory firm, has advised on the acquisition of WKS Group by Messer.

Local Institutions Extend Net Buying Streak To 12 Consecutive Weeks - MBSB Research

KUALA LUMPUR, July 6 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to 12 consecutive weeks, recording net inflows of RM474.6 million last week.

Bursa Malaysia Opens Higher

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia opened higher today, supported by improved investor sentiment, tracking Wall Street’s mostly positive performance last Friday.

JS-SEZ Master Plan Launch Strategically Coordinated To Strengthen Investors' Confidence

KUALA LUMPUR, July 4 (Bernama) -- The launch of the Johor-Singapore Special Economic Zone (JS-SEZ) Master Plan needs to be strategically coordinated to ensure policy alignment and a smooth implementation, while reinforcing investor confidence.

Ringgit Forecast To Trade At RM4.05-RM4.07 Against US Dollar Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, July 4 (Bernama) -- The ringgit is expected to trade between RM4.05 and RM4.07 against the US dollar next week, with market attention likely to centre on the United States Federal Open Market Committee (FOMC) minutes and Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting.

Bursa Malaysia Poised To Extend Uptrend, Eyes 1,700 Level Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia’s benchmark index is expected to extend its recovery next week and test the psychological 1,700-point level, underpinned by Friday's strong rebound and continued buying from local institutional investors.

Gold Futures Rise On Continued Safe-haven Demand

KUALA LUMPUR, July 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by continued investor demand for safe-haven assets and in line with the performance of the US COMEX gold market.