S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Malaysian palm oil futures surged more than 2% to above MYR 4,500 per tonne, extending recent gains and reaching their highest level in a week. A weaker ringgit, firmer Dalian palm oil contracts, and stronger Chicago soyoil boosted sentiment. Meanwhile, crude oil prices sharply strengthened as efforts to end the U.S.-Israeli war with Iran appeared to stall, raising concerns over supply disruptions and boosting the broader edible oils complex. However, upside was capped by weak exports, with AmSpec Agri Malaysia reporting shipments down 16.5% mom in the first half of May. Demand concerns lingered as April activity data in China, a key buyer, signaled slowing momentum. In top consumer India, palm oil imports fell 26% in April from March, hitting a four-month low, due to weaker institutional buying and a narrower discount to rival oils. Separately, Malaysia has lowered its June crude palm oil reference price but kept the export duty steady at 10%.
Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service
