CPO Futures Close Lower, Weighed Down By Concerns Over Rising Output

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower for the fourth consecutive day today, pressured by concerns over rising output in the coming weeks. 

Gold Futures Close Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, April 17 (Bernama) – The gold futures contract on Bursa Malaysia Derivatives closed higher on Thursday, although the global gold market retreated amid the United States Federal Reserve’s (Fed) hawkish stance on US bonds, an analyst said.

FBM KLCI Futures End Higher

KUALA LUMPUR, April 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today in line with the cash market.

Lower Soybean Oil Prices, Rising Output Concerns Continue To Drag CPO Futures Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the third straight day today, in line with lower soybean oil prices on the Chicago Board of Trade (CBOT). 

Gold Futures Ends Higher Amid Growing Global Economic Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, echoing gains on COMEX as growing global economic uncertainties strengthen the commodity, said an analyst.

FBM KLCI Futures End Lower

KUALA LUMPUR, April 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today in line with the cash market.

Sapura Energy Secures RM100 Mln Offshore Support Vessel Contracts In Malaysia, Thailand

KUALA LUMPUR, April 16 (Bernama) -- Sapura Energy Bhd’s (SEB) operations and maintenance (O&M) division has been awarded multiple offshore support vessel (OSV) contracts in Malaysia and Thailand, totalling close to RM100 million.

Profit-taking In Heavyweights At Midday Weighs On Bursa Malaysia

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower, dragged down by profit-taking in several heavyweight counters, particularly within the industrial products, banking, and utility sectors.

CPO Futures End Lower On Weaker Soybean Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the second straight day today, tracking weakness in soybean oil futures on both the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange. 

Keyfield Signs MOA With Chinese Firm To Acquire US$20.55 Mln Cable-Laying Barge

KUALA LUMPUR, April 15 (Bernama) -- Keyfield International Bhd’s wholly owned subsidiary Keyfield Ventures (Labuan) Ltd (KVL), has signed a memorandum of agreement (MoA) with China’s Taizhou Sanfu Ship Engineering Co Ltd to acquire a new 98-metre-long Dynamic Positioning 2 (DP2) cable-laying barge.

U Mobile Names Huawei Malaysia, ZTE Malaysia As 5G Network Tech Partners

PUTRAJAYA, April 15 (Bernama) -- U Mobile Sdn Bhd has appointed Huawei Malaysia and ZTE Malaysia as its technology partners for its next-generation 5G network.

Gold Futures Close Slightly Higher On Cautious Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, April 15 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally higher today, following gains on COMEX, as traders cautiously monitor the tariff situation, said an analyst.