Sunday, April 30th, 2017

 

The week at a glance 30 April 2017

Sabah & Sarawak IEM awards Shell for outstanding design and construction of Malikai Deepwater Project The Institution of Engineers Malaysia (IEM) awarded Shell Projects & Technology Malaysia with the highest honour in design and engineering at the 58th IEM Annual Dinner and Awards. The ‘IEM Outstanding Engineering Achievement Award 2017’, presented to an oil and […]


Crude Palm Oil & Ringgit Weekly Report

Malaysian palm oil futures went into consolidation mode after hitting an eight-month low last week due to low demand and weak participation ahead of a long weekend and pending data announcements. Benchmark crude palm oil futures (FCPO) for July delivery contract closed at RM2,505, slid 0.91 per cent on Friday, RM23 lower compared to RM2,528 […]


BPA Malaysia weekly bond market report 30 April 2017

The Index posted a gain of 0.3 per cent to end the week at 151.924 points from 151.470 points last week. The entire MGS yield curve shifted down between three bps to 16bps as market players were buoyed by the result of the French election held on April 23, 2017 as both Emmanuel Macron and […]


Range-bound play with upside bias expected on Bursa

KUALA LUMPUR: Bursa Malaysia is likely to trade range bound with an upside bias. A dealer said judging from Friday’s market closing performance, buying power was greater than selling pressure, and there is a tendency for the local bourse to start another rally to continue its bullish momentum. He said healthy profit-taking was observed with […]


Equities weekly: Mixed week for global markets as tensions diffuse

It was largely a mixed week for global equity markets, with the MSCI AC World Index ending the week higher by 0.3 per cent as political tensions eased. The US equity market, represented by the S&P 500 Index, rose 0.55 per cent over renewed hopes for US fiscal stimulus, while Europe’s Stoxx 600 Index edged […]