Stock Market & Investment News

PUTRAJAYA: The crude palm oil (CPO) price is expected to average at RM3,800 per tonne in 2022 on improved palm oil production, in line with the performance of other major vegetable oils prices amid the recovery in production and stock, the Malaysian Palm Oil Board (MPOB) said. Read full story

CO2 emissions to hit record high in 2022 despite greater focus on climate; emissions policy is on the ballot in key markets Read full story

KUALA LUMPUR: The FBM KLCI ended higher on Thursday with continuous buying from foreign funds but the broader market was weak in line with the cautious key Asian markets. Read full story

KUALA LUMPUR: The Government has received RM340.92mil from audit firm KPMG as settlement for a suit filed by state investment firm 1Malaysia Development Bhd (1MDB). Read full story

KUALA LUMPUR: Asia Poly Holdings Bhd has proposed to acquire a 100% stake in Keng Imports & Exports Sdn Bhd (KIESB) for RM24.01mil. Read full story

KUALA LUMPUR: MARC Ratings has assigned a preliminary rating of AA-IS(CG) to Point Zone (M) Sdn Bhd’s proposed Islamic Medium-Term Notes (Sukuk Wakalah) programme of up to RM3bil with a stable outlook. Read full story

KUALA LUMPUR: Metronic Global Bhd has signed a solar power purchase agreement (SPPA) with Technology PP Industries (Northern) Sdn Bhd under a solar leasing model in Kedah. Read full story