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Friday, October 18, 2019

Local Business

Sapura Energy shareholders approve RM4 bil cash call

Shareholders support proposed rights issue to raise money and green light company's growth plans at EGM.

Maybank posts lower profit, says geopolitical tensions key concern

Malaysia's economic growth is expected to slow to 4.8% in 2018, from the 5.9% pace a year earlier.

Malaysia keeps Dec crude palm oil export tax at 0%

Malaysian benchmark palm oil futures were last up 2.4% at RM2,014 a tonne at the close yesterday.

Bursa resumes upward momentum at opening

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 11.54 points firmer at 1,698.09 versus Wednesday’s close of 1,686.55.

Ringgit opens higher amid stronger buying interest

At 9am, the ringgit stood at 4.1935/1975 versus the US dollar from 4.1980/2020 on Wednesday.

Ringgit closes lower on bearish sentiment

At 6pm, the ringgit stood at 4.1980/2020 versus the greenback compared with Tuesday’s close of 4.1880/1920.

Bursa Malaysia ends marginally higher on volatile trading

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.09% or 1.58 points firmer at 1,686.55 from Tuesday’s close of 1,684.97 after opening 0.83 of-a-point higher at 1,685.80.

Bursa Malaysia stays higher at mid-afternoon

At 3.03pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.38 points better at 1,687.35 from Tuesday’s close of 1,684.97 after opening 0.83 of-a-point higher at 1,685.80.

Bursa opens higher on mild profit taking

At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.94 points lower at 1,683.03 versus Tuesday’s close of 1,684.97.

Ringgit opens lower as volatility hits emerging markets

At 9am, the ringgit stood at 4.1920/1960 versus the US dollar from 4.1880/1920 on Tuesday.

Ringgit closes lower in line with regional currencies

At 6pm, the ringgit stood at 4.1880/1920 versus the greenback compared with Monday’s close of 4.1860/1900.

Petronas to hike govt payout as Q3 profit jumps 43%

It is to give additional special RM2 billion dividend to government, on top of RM24 billion it has already committed for the year.

Bursa Malaysia ends lower on selling pressure

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1% or 17.02 points to 1,684.97, from Monday's close of 1,701.99.

Bursa Malaysia remains easier at mid-afternoon

At 3.01pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 15.51 points easier at 1,686.48, after opening 3.27 points weaker at 1,698.72.

Bursa opens lower amid US-China trade tension

At 9.02am, the benchmark FBM KLCI was 3.03 points weaker at 1,698.96 versus Monday's close of 1,701.99 and after opening 3.27 points easier at 1,698.72.

Ringgit opens lower as trade tension escalates

At 9am, the ringgit stood at 4.1900/1950 versus the US dollar from 4.1860/1900 on Monday.

Bursa Malaysia recoups earlier losses to end at intra-day high

The index opened 2.84 points easier at 1,693.04 and moved between 1,688.45 and 1,701.99 throughout the day.

Ringgit extends gains to close higher against US dollar

At 6pm, the ringgit stood at 4.1860/1900 versus the greenback compared with Friday's close of 4.1920/1960.

Bursa Malaysia remains in the red at mid-afternoon

As at 3pm, the benchmark index fell 4.69 points to 1,691.19 compared with Friday's close of 1,695.88 after opening 2.84 points easier at 1,693.04.

Buy green palm oil or forests will suffer, industry warns

Palm oil is the world's most widely used edible oil, found in everything from margarine to biscuits, and soap to soups.

Bursa opens lower, tracking Wall Street decline

At 9.02am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.06 points easier at 1,692.82 from Friday's close of 1,695.88, after opening 2.84 points weaker at 1,693.04.

Ringgit opens lower as oil prices dip

As at 9am, benchmark Brent crude stood at US$59.48 (RM249.66) per barrel compared with US$62.60 per barrel last Friday.

Bursa Malaysia ends marginally higher

At the closing bell, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 0.26 of-a-point to close at 1,695.88 from Thursday's close of 1,695.62.

Bursa Malaysia remains in the red at mid-afternoon

At 3.03pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,693.10, down 2.52 points, from Thursday's close of 1,695.62.

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