CCY - CCY Delayed Price. Currency in USD
-0.000 (-0.154%)
As of 2:19PM BST. Market open.
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Previous Close0.257
Day's Range0.257 - 0.257
52 Week Range0.2273 - 0.2597
  • Reuters22 days ago

    VEGOILS-Palm falls for third session on weakness in related oils

    * Palm hits lowest in nearly two weeks * Weaker ringgit seen capping fall - trader * Palm may drop to 2,150 rgt/T in 3 months - Techs (Updates with closing prices) By Emily Chow KUALA LUMPUR, March 29 ...

  • Reuters23 days ago

    Malaysia's Sapura Energy posts fourth quarter net losses on asset impairments

    Malaysia's largest oil and gas services company Sapura Energy Bhd on Wednesday reported a fourth quarter net loss, due to asset impairments and lower revenue from its engineering and construction and drilling segments. Sapura Energy posted a net loss of 2.29 billion ringgit ($593.73 million) for the quarter to Jan. 31 against a net loss of 172.3 million ringgit in the same period a year ago, according to a filing on the local stock exchange. For the full year, Sapura posted a net loss of 2.5 billion ringgit, including 2.1 billion ringgit in impairments, mainly of its drilling rigs.

  • Reuterslast month

    Malaysia expects $30.7 bln domestic capital raising in 2018 - regulator

    Malaysia's securities regulator said on Thursday it expects fundraising of 120 billion ringgit ($30.67 billion) in the domestic market this year, above the five-year average of 114 billion ringgit. Malaysia saw a record high 146.6 billion ringgit raised last year, a bulk of it coming from corporate bond and sukuk segment which grew 46 percent in 2017 to 124.9 billion ringgit.

  • Reuters2 months ago

    Malaysia's Petronas ramps up spending as profit surges

    Malaysian state energy firm Petroliam Nasional Berhad, or Petronas, pledged on Friday to ramp up its growth and spending plans this year following a sharp rise in profits, even as it cautioned about the sustainability of higher oil prices. Petronas, like other oil majors, has taken a hit from lower oil prices, but sharp cost cuts - along with some recent stability in oil prices - helped the company boost profits and margins despite lower production. Net profit for the fourth quarter ended December rose to 18.2 billion ringgit ($4.65 billion) from 11.3 billion ringgit in the same quarter last year, while revenue rose 13.8 percent to 61.8 billion ringgit.

  • Reuters2 months ago

    Malaysia palm oil company FGV says Q4 net profit fell by a third

    Malaysia's Felda Global Ventures Bhd, the world's third biggest palm plantation operator, on Friday said net profits for the last quarter fell by a third year-on-year. FGV saw net profits of 76.6 million ringgit ($19.62 million) for the quarter that ended in December, down from 112 million ringgit the previous year, it said in a local stock exchange filing during the midday break on Friday. Revenue fell to 4.3 billion ringgit, down from 5.2 billion ringgit last year.

  • Reuters2 months ago

    Malaysia's AirAsia X profit doubles in Q4 on forex gains, passenger numbers

    Malaysia's AirAsia X Bhd posted a 116 percent rise in fourth-quarter net profit on forex gains and higher passenger volume that lifted the long-haul low-cost carrier's financial performance. For the three-month period ended December, the airline recorded a net profit of 84.4 million ringgit ($21.64 million) compared to 39 million ringgit a year ago. Revenue rose 4.3 percent to 1.22 billion ringgit from 1.17 billion a year ago.

  • Reuters2 months ago

    VEGOILS-Palm charts second day of falls on weaker rival oils

    * Market down 0.4 pct on-week so far * Stronger ringgit also weighs on palm - trader * Palm may retrace into 2,466-2,486 rgt/T range - Technicals (Updates with closing prices) By Emily Chow KUALA LUMPUR, ...

  • Reuters2 months ago

    Malaysia Q4 c/a surplus rises to 12.9 bln ringgit

    KUALA LUMPUR, Feb 14 (Reuters) - Malaysia's current account surplus grew to 12.9 billion ringgit ($3.28 billion) in the fourth quarter from 12.5 billion ringgit in the previous three months, the government ...

  • Reuters2 months ago

    VEGOILS-Palm oil gains nearly 1 pct on weaker ringgit, short-covering

    * Palm up after two straight sessions of declines * Lower output forecasts support market - trader (Updates with closing prices) By Emily Chow KUALA LUMPUR, Feb 5 (Reuters) - Malaysian palm oil futures ...

  • Reuters3 months ago

    Malaysian palm oil prices seen averaging 2,659 rgt/T in 2018 -Industry body

    KUALA LUMPUR, Jan 29 (Reuters) - * Malaysia's palm oil prices are seen averaging 2,659 ringgit ($686) a tonne in 2018, industry body the Malaysian Palm Oil Council (MPOC) forecast on Monday. * The average ...

  • Reuters3 months ago

    VEGOILS-Palm slips on stronger ringgit, but up for the week

    * Palm charts second day of declines * Market however up 1.6 percent on-week * Palm may drop to 2,462 rgt/T - Technicals (Updates with closing prices) By Emily Chow KUALA LUMPUR, Jan 26 (Reuters) - Malaysian ...

  • Reuters3 months ago

    VEGOILS-Palm drops more than 1 pct on stronger ringgit

    * Palm snaps three days of gains * Market decline further after central bank interest rate hike * Malaysia Jan. 1-25 palm oil exports down 6-7 pct -ITS, SGS (Updates with closing prices) By Emily Chow ...

  • Reuters3 months ago

    VEGOILS-Palm slumps to 3-week low on firm ringgit, weak demand

    * Palm down 1.2 pct in 2nd session of decline * Market also cautious over EU vote, weak related oils - trader * Palm may stabilise around 2,491 ringgit/tonne - technicals (Updates with closing prices) ...

  • Reuters3 months ago

    VEGOILS-Palm oil rebounds on lower production outlook

    * Palm sees first gain in three days * Market also up on technical buying - trader (Updates with closing prices, quote) By Emily Chow KUALA LUMPUR, Jan 15 (Reuters) - Malaysian palm oil futures ended higher ...

  • Reuters3 months ago

    VEGOILS-Palm hits lowest in nearly two weeks low on weaker related oils

    * Palm falls to 2,526 rgt/T, lowest since Jan 2 * Stronger ringgit also weighs on palm -trader * Palm could fall to 2,519 ringgit/T -technicals (Updates with closing prices) By Emily Chow KUALA LUMPUR, ...

  • Reuters3 months ago

    Malaysia's Top Glove acquires Adventa Capital unit for $345 mln

    KUALA LUMPUR, Jan 12 (Reuters) - Malaysia's Top Glove Corp Bhd said on Friday that it has acquired a surgical glove business owned by Adventa Capital Pte Ltd for 1.37 billion ringgit ($345 million). The ...

  • Reuters3 months ago

    Malaysia palm output seen exceeding 20 mln T in 2018 - minister

    Palm oil output in Malaysia, the world's second largest producer after Indonesia, is forecast to rise to over 20 million tonnes this year from 19.5 million tonnes in 2017, the country's plantations minister said on Tuesday. Plantation industries and commodities minister Mah Siew Keong last forecast in November that 2018 output would "be more than last year" versus a 2017 production outlook of 19.5 million tonnes.

  • Reuters3 months ago

    Malaysian ringgit firms to over 16 month-high as oil prices rally

    "There are a few factors at work: the latest catalyst must be a confluence of oil prices being very buoyant...paired with a dollar that is unable to hold its footing," said Vishnu Varathan, senior economist at Mizuho Bank. Last month, the World Bank raised its 2017 growth estimate for Malaysia's economy to 5.8 percent, buoyed by burgeoning domestic demand and an improved labour market.

  • Reuters4 months ago

    Palm oil demand seen tepid in Dec, could pick up in New Year -traders

    Demand for palm oil is likely to stay weak in December despite a recent slide in prices, said traders in No. 2 producer Malaysia, though exports from the country are seen rebounding in January as China stocks up ahead of the Lunar New Year. "Everyone usually banks on India for demand, but the duty increase has made everything slow, so the prospect of ending the year with closing stocks at 2.7 million tonnes is high," said a Kuala Lumpur based trader.

  • Reuters4 months ago

    Malaysia's Sapura Energy records net loss in Q3

    Sapura Energy Bhd, Malaysia's largest oil and gas services firm, on Thursday posted a net loss for its third-quarter earnings, hit by lower spending from the energy sector. The company posted a net loss of 274.4 million ringgit ($67.24 million) for the quarter that ended in October, versus a net profit of 158.1 million ringgit in the corresponding quarter last year, according to a stock exchange filing.

  • Reuters4 months ago

    VEGOILS-Palm oil falls to over 4-month low on stronger ringgit

    * Palm down 1 pct in second session of declines * Expectations of rising end-stocks also weigh on market - trader * Palm may fall into 2,519-2,555 ringgit/tonne range - Technicals (Updates with closing ...

  • Reuters5 months ago

    Sime Darby plantation and property units see weak debut on Malaysian stock exchange

    Sime Darby Bhd's plantation and property units made a weak debut on the Malaysian stock exchange on Thursday, with both units easing from their listing reference prices in afternoon trade. Sime Darby Plantations Berhad, which began trade at 5.60 ringgit a share was last down over 11 percent at 4.96 ringgit in the afternoon from a listing reference price of 5.59 ringgit. Sime Darby Property Berhad fell to 1.19 ringgit in the afternoon, down over 20 percent from its reference price of 1.50 ringgit.

  • Reuters5 months ago

    Maybank posts 4th straight quarterly profit gain on Islamic banking growth

    * Net interest income up 8.6 pct, Islamic banking up 24.3 pct * Higher impairments mitigated by lower bad debt * Growing cost of funds a worry, says group CEO (Updates with details of earnings, executive's ...

  • Reuters5 months ago

    Malaysia Maybank's Q3 profit up 13 pct, helped by Islamic banking business

    KUALA LUMPUR, Nov 30 (Reuters) - Malayan Banking Bhd (Maybank), Malaysia's biggest lender by assets, reported on Thursday a 13 percent rise in third-quarter profit, lifted by higher net interest income ...

  • Reuters5 months ago

    VEGOILS-Palm dips on stronger ringgit in second day of losses

    * Palm charts second straight day of losses * Market earlier up on correction after sharp falls, but gains won't sustain - trader * Palm oil still targets 2,519-2,555 rgt/t range - technicals (Updates ...