Bursa Malaysia Stays Higher At Midday
KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia continued its positive tone at midday, supported by gains in heavyweight utility and industrial products counters.
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There are 423 news based on search keyword " oil "
CPO Futures Rally Above RM4,750 A Tonne On Stronger Crude Oil Prices
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,750 per tonne on stronger crude oil prices amid escalating conflict in West Asia.
SD Guthrie 2Q Net Profit Rises To RM987 Mln
KUALA LUMPUR, Aug 11 (Bernama) -- SD Guthrie Bhd’s (Guthrie) net profit for the second quarter of 2026 (2Q 2026) ended June 30 jumped to RM987 million from RM505 million in 2Q 2025.
Bursa Malaysia Ends Lower On Higher Oil Prices, Geopolitical Concerns
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia ended lower on Tuesday, as renewed gains in crude oil prices and persistent geopolitical concerns weighed on investor sentiment.
Kuala Lumpur Rubber Market Ends Higher In Line With Regional Gains
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Aug 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, buoyed by gains in regional rubber futures and firmer crude oil prices, a dealer said.
Investment In Putrajaya Perdana Drags TH Into 1MDB Deal, Incurring RM145.3 Mln Loss
KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) investment in Putrajaya Perdana Bhd (PPB) and putting the then TH chairman as PPB chairman have dragged TH into 1Malaysia Development Bhd’s (1MDB) transactions, ultimately causing RM145.3 million in losses.
Bursa Malaysia Stays Lower At Midday
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by declines in the financial services, utilities, and plantation counters.
Singapore Raises 2026 GDP Growth Forecast To 4.5-5.5 Pct On Stronger Global AI Expenditure Outlook
By Anas Abu Hassan
SINGAPORE, Aug 11 (Bernama) -- The Ministry of Trade and Industry (MTI) has raised Singapore's 2026 gross domestic product (GDP) growth forecast to between 4.5 and 5.5 per cent, raising it from an earlier projection of 2.0-4.0 per cent.
Businesses, Public Play Vital Role In Strengthening Malaysia’s Energy Security Amid Geopolitical Tensions
By Harizah Hanim Mohamed
KUALA LUMPUR, Aug 11 (Bernama) -- Businesses and the public have a vital role in supporting Malaysia’s energy security, which has become increasingly important, as global geopolitical tensions continue to disrupt the energy landscape.
CPO Price Outlook For 2026-2027 Raised On Rising Supply Risks - CIMB Securities
KUALA LUMPUR, Aug 11 (Bernama) -- CIMB Securities Sdn Bhd has raised 2026 and 2027 crude palm oil (CPO) price forecasts by RM50 per tonne to RM4,450 per tonne and RM4,550 per tonne, respectively, on rising supply risks.
Bursa Malaysia Opens Higher On Bargain Hunting
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia opened higher on bargain hunting after a recent slip, despite the cue from negative Wall Street.
Ringgit Opens Mixed Against Major Currencies As US Dollar Gains
KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit opened mixed against a basket of major currencies on Tuesday, while the US dollar strengthened amid elevated crude oil prices following the reopening of the Strait of Hormuz.