KLCI Futures Close Sharply Higher

KUALA LUMPUR, July 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed sharply higher on Tuesday.

Gold Futures Close Lower

KUALA LUMPUR, July 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday as investors locked in profits after recent gains, despite the strong performance of gold prices on the US Commodity Exchange (COMEX).

Energy, Banking Stocks Lift Bursa Malaysia To More Than One Pct Gain

By Siti Noor Afera Abu

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its rally to close more than one per cent higher on Tuesday, lifted by strong buying interest in oil and gas as well as banking counters as investors positioned for potentially firmer energy prices following renewed hostilities between the United States and Iran.

Tanco Unit Partners With Qingdao Port On Smart AI Container Port In Port Dickson

KUALA LUMPUR, July 14 (Bernama) -- Tanco Holdings Bhd’s unit, Midports Holdings Sdn Bhd (MHSB), has inked a memorandum of understanding (MoU) with SPG Qingdao Port Group Co Ltd (SQPG) for the development of a “Smart AI Container Port” in Port Dickson, Negeri Sembilan, and on potential fundraising activities related to the project.

Sin-Kung Logistics, Airport Authority Hong Kong Ink MoU To Boost Connectivity

KUALA LUMPUR, July 14 (Bernama) -- Sin-Kung Logistics (SKL) Bhd has signed a memorandum of understanding (MoU) with Airport Authority Hong Kong (AAHK) to strengthen cooperation in air connectivity and cargo development.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia ended the morning session higher, with the benchmark index gaining 0.86 per cent on sustained buying interest in banking stocks.

Bursa Malaysia Extends Mid-morning Gains On Plantation, Utility Buying

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its gains in mid-morning trade on Tuesday, lifted by continued buying in plantation and utility heavyweights.

Bursa Malaysia Opens Higher On Healthcare, Property Buying

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its gains to open higher on Tuesday, supported by continued buying interest in selected heavyweight counters, particularly in the healthcare and property sectors, despite the weaker overnight performance on Wall Street.

CPO Futures Strengthen On Higher Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 13 (Bernama) – Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in the crude oil market.

Milux Proposes To Acquire 100 Pct Stake In Movon For RM150 Mln

KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.

PRG Appoints Steven Kang As Group MD, Executive Director

KUALA LUMPUR, July 13 (Bernama) -- PRG Holdings Bhd has appointed Steven Kang Boon Lian as its new group managing director and executive director effective today, replacing Andrew Chan Lim-Fai. 

Gold Futures Close Lower

KUALA LUMPUR, July 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, mirroring the decline in US COMEX gold prices.