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FBM KLCI futures likely to continue upward momentum next week

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THE FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by a positive outlook on the cash market, according to an analyst.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said, next week, investors’ attention will be on a series of key economic releases, including China’s industrial profit year-to-date and Purchasing Managers Index, as well as US initial job claims.

On the domestic front, the benchmark index briefly broke the 1,600 psychological level on Friday, but failed to sustain its momentum.

“Breaking above the 1,600 level could pave the way toward the next resistance at 1,620. Nonetheless, the benchmark index is currently in an oversold position, so we do not rule out the possibility of profit-taking in the near future,” he told Bernama.

On a weekly basis, the spot-month August 2025 and December 2025 contracts gained 27.0 points each to 1,604.0 and 1,582.5, respectively, September 2025 rose 26.5 points to 1,582.5, and March 2026 went up 24.5 points to 1,564.5.

Turnover for the week narrowed to 30,751 lots from 39,969 lots a week ago, while open interest improved to 45,470 contracts from 44,964 contracts previously.

On a weekly basis, the FBM KLCI rose 21.23 points to 1,597.47 on Friday from 1,576.34 a week earlier. — BERNAMA

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Bursa Malaysia expected to continue uptrend, to test 1,600 level next week

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BURSA MALAYSIA is expected to remain on an upward trajectory next week, testing the psychological 1,600 level, with some profit-taking activity possibly emerging ahead of the long weekend, an economist said.

UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said that local market momentum will be influenced by Wall Street reactions, with sentiment closely tied to evolving United States (US) macro signals.

“Driving the most recent shift in expectations was yesterday’s release of US S&P Purchasing Managers’ Index (PMI) data for August, where stronger confidence in both manufacturing and services pushed the composite PMI to its highest level since last December.

“Nevertheless, we remain constructive, with the index likely to trade within the 1,610–1,615 range as investors balance external cues with continued domestic policy support,” he told Bernama.

Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said that next week, investors will focus on a series of key economic releases, including China’s industrial profit (year-to-date) and PMI as well as US initial job claims.

“On the domestic front, the benchmark index attempted to break the 1,600 psychological level on Friday. Breaking the 1,600 level will pave the way to the next resistance at 1,620. Nonetheless, the benchmark index is currently in oversold position; hence we do not discount the possibility of profit takings in the near future.

“Based on our estimate, the index has recovered well from earlier weakness and continues to form higher highs and higher lows, indicating the long-term bullish structure is intact. As such, we anticipate the FBM KLCI to trend within the range of 1,580-1,620 for the coming week,” he said.

On a weekly basis, the FTSE Bursa Malaysia KLCI rose 21.23 points to 1,597.47 on Friday from 1,576.34 a week earlier.

The FBM Emas Index gained 103.5 points to 11,834.56, the FBMT 100 Index climbed 98.31 points to 11,611.17, the FBM Emas Shariah Index rose 106.57 points to 11,761.42, the FBM 70 Index shed 104.28 points to 16,556.40, and the FBM ACE Index advanced 30.17 points to 4,743.62.

By sector, the Financial Services Index chalked up 142.89 points to 18,222.96, the Plantation Index added 104.36 points to 7,608.39, and the Energy Index went up 8.11 points to 748.94.

Weekly turnover improved to 13 billion units worth RM13.53 billion from 11.1 billion units worth RM11.87 billion in the previous week.

The weekly Main Market volume widened to 7.39 billion units valued at RM12.38 billion compared with 7.16 billion units valued at RM11.06 billion previously.

Warrants turnover declined to 2.91 billion units worth RM473.76 million from 3.37 billion units worth RM453.56 million in the preceding week.

The ACE Market volume grew to 2.03 billion units valued at RM681.11 million versus 1.64 billion units valued at RM593.87 million previously. — BERNAMA

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Money News

Short-term rates to remain steady next week on BNM’s operations

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SHORT-TERM interbank rates are expected to remain steady next week, underpinned by Bank Negara Malaysia’s (BNM) continued operations to absorb excess liquidity from the financial system.

This week, the central bank intervened daily by conducting reverse repo tenders and Islamic reverse repo tenders to reduce excess funds in the financial system.

On a weekly basis, surplus liquidity in the conventional system increased to RM24.40 billion on Friday from RM21.0 billion a week earlier.

In the Islamic system, surplus liquidity decreased to RM21.60 billion compared with RM22.10 billion previously.

The Malaysia Islamic Overnight Rate (MYOR-i) stood at 2.75 per cent as of Aug 21, 2025. — BERNAMA

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PR Newswire

Various pistachio-containing products recalled due to Salmonella

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OTTAWA, ON, Aug. 22, 2025 /CNW/ –

Product: Pistachio Baklava, Pistachio Butter Cookies, Baklava, Pistachio Paklava
Issue: Food – Microbial contamination – Salmonella
Distribution:
British Columbia
Ontario

Online link

SOURCE Canadian Food Inspection Agency (CFIA)

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PR Newswire

Habibi brand Pistachio Kernel recalled due to Salmonella

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OTTAWA, ON, Aug. 22, 2025 /CNW/ –

Product: Pistachio Kernel
Issue: Food – Microbial contamination – Salmonella
Distribution: Quebec

Online link

SOURCE Canadian Food Inspection Agency (CFIA)

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PR Newswire

KLC Investors Have Opportunity to Lead KinderCare Learning Companies, Inc. Securities Fraud Lawsuit

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NEW YORK, Aug. 22, 2025 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces that an investor filed a class action lawsuit on behalf of purchasers of common stock of KinderCare Learning Companies, Inc. (NYSE: KLC) pursuant and/or traceable to the registration statement issued in connection with KinderCare’s October 2024 initial public offering. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 14, 2025.

LOGO (PRNewsfoto/THE ROSEN LAW FIRM, P. A.)

So What: If you purchased KinderCare common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the KinderCare class action, go to https://rosenlegal.com/submit-form/?case_id=43769 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 14, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, the registration statement was false and/or misleading and/or failed to disclose that: (1) numerous incidents of child abuse, neglect, and harm had occurred at KinderCare facilities; (2) KinderCare did not provide the “highest quality care possible” at its facilities, and, indeed, in numerous instances had failed to provide even basic care, meet minimum standards in the child care industry, or comply with the laws and regulations governing the care of children; and (3) as a result, KinderCare was exposed to a material, undisclosed risk of lawsuits, adverse regulatory action, negative publicity, reputational damage, and business loss. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the KinderCare class action, go to https://rosenlegal.com/submit-form/?case_id=43769 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.

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PR Newswire

Lennar Debuts North River Farms in Oceanside, CA

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OCEANSIDE, Calif., Aug. 22, 2025 /PRNewswire/ — Lennar, one of the nation’s leading homebuilders, today announced the grand opening of North River Farms, a new master-planned community of single-family homes in Oceanside, CA. Offering 17 distinct home designs, North River Farms delivers a highly-amenitized setting with an unparalleled lifestyle. Interested homebuyers are invited to tour the new model homes and take advantage of special grand opening incentives. The celebration is on Saturday, August 23 at 11:00 a.m.

North River Farms, a new master-planned community of single-family homes, offers a highly-amenitized setting
with an unparalleled lifestyle in Oceanside. Now open!

“North River Farms is more than a new neighborhood – it’s a destination,” said Ryan Green, Lennar San Diego Division President. “With its vibrant setting, recreation at every turn, and an ideal Oceanside location, this community offers a one-of-a-kind way of life.”

North River Farms features five distinct neighborhoods – Cypress, Monterey, Magnolia, Mahogany and Monarch. Home designs feature stunning exterior styles, open floorplans and spacious backyards with room for a pool. Lennar’s popular Next Gen^® design is also available, offering a private suite with its own entrance, living area, kitchenette, bedroom, bathroom, laundry and flexible space. One- and two-story homes range from 2,265 to 4,764 square feet with three to five bedrooms and up to five-and-a-half bathrooms, with pricing starting in the mid $900,000s.

At North River Farms, homeowners will have access to resort-style amenities including sparkling pools, a clubhouse, pickleball courts, a fitness center, playgrounds, trails and parks. The community’s prime Oceanside location offers convenient access to golf courses, local farmers markets, shopping, dining and the city’s pristine beaches and parks.

For more information on these new home opportunities, call (833) 763-1911 or visit community website.

About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar’s homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LEN^X drives Lennar’s technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.

Contact: Danielle Tocco
Vice President Communications
Lennar Corporation
[email protected]
Direct Line: 949.789.1633

Lennar Corporation (PRNewsfoto/Lennar Corporation)

View original content to download multimedia:https://www.prnewswire.com/news-releases/lennar-debuts-north-river-farms-in-oceanside-ca-302537034.html

SOURCE Lennar Corporation

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PR Newswire

Palma School Unveils Renovated Edward M. Dowd Gymnasium Following Historical $2.5 Million Gift

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SALINAS, Calif., Aug. 22, 2025 /PRNewswire/ — Palma School announces the dedication of the newly renovated Edward M. Dowd Gymnasium, made possible through a $2.5 million gift from the Edward M. Dowd Foundation, the largest single donation in the school’s 74-year history.

www.edwardmdowdfoundation.org

This transformational gift arrives at a pivotal moment for Palma. Originally founded in 1951 as a coeducational institution, the school transitioned to an all-male enrollment in 1964. Now, with the return to coeducation in 2024, the renovation of the gym represents both a renewal of the campus and a powerful symbol of Palma’s evolving identity.

“We tell our students that everything here is a gift,” stated Chris Dalman, Palma School President. “The Edward M. Dowd Gymnasium is now one of our greatest gifts—one they will cherish, care for, and one day, when possible, pay forward.”

The Edward M. Dowd Gymnasium is a space where students build memories, character, and community. With this renovation, it now stands as a symbol of excellence and inclusion, designed to meet the needs of Palma’s growing coeducational student body.

“Palma’s gym never sleeps,” added Dalman. “It has been the heart of our campus for decades—hosting practices, championships, dances, rallies, graduations, and moments that shape who our students become. To now hear young women’s voices competing, laughing, and cheering ‘Go Palma’ is our new reality, and we are better for it.”

The gift also reflects the values of its namesake, Edward M. Dowd, a self-made man whose life embodied perseverance, service, and generosity. Dowd’s philanthropic legacy includes transformative contributions to education, healthcare, and community programs in Monterey and Santa Clara counties.

“After graduating from Palma, Ed enlisted in the Air Force. When he returned four years later, he shared with me the three key lessons he took from military service: respect the chain of command, value the perspectives of others, and practice the discipline required to stay focused every day. These principles guided him throughout his life and were foundational to his success.” said Jim Dowd, President & CEO of Edward M. Dowd Foundation.

This milestone is a key part of Palma Rising, the school’s $12 million campaign to modernize its athletic fields, construct a new 9,500-square-foot athletic performance center, and expand opportunities for all students.

About Edward M. Dowd Foundation
The Edward M. Dowd Foundation is dedicated to advancing education, health, and social causes that improve lives and create lasting community impact. Established by philanthropist Edward M. Dowd, the Foundation continues his legacy of generosity, perseverance, and service.

MEDIA CONTACT
Jim Dowd, President & CEO
The Edward M. Dowd Foundation
(804) 357-3810
[email protected]

Palma School entrance to Edward M. Dowd Gymnasium

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SOURCE Edward M Dowd Foundation

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PR Newswire

Premier Lacrosse League Delivers Record Viewership and Engagement in 2025 Regular Season

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NEW YORK, Aug. 22, 2025 /PRNewswire/ — The Premier Lacrosse League (PLL) powered by Ticketmaster today announced record growth across business units through the 2025 Regular Season. Led by an all-time peak viewership high of 833,000 on ABC in Week 3, average viewership on ABC and ESPN grew 24 percent and 46 percent respectively, year-over-year.

“We’re thrilled to see such strong performances across ABC and ESPN this season,” said PLL Co-Founder and President, Paul Rabil. “Additionally, our social media presence delivered a 23% audience increase and generated 1.2 billion impressions – a testament to the commitment of our players, teams, and fans. With the playoffs ahead, we’re excited to build on this energy and showcase the best lacrosse in the world on the biggest stage.”

“This season’s onsite experience has set records. With ticketing revenue up 11%, including 12 sellout games, and two of the top five attendance weekends in league history in Chicago and Boston, we remain enthusiastic about our fan base and future growth opportunities,” said Mike Rabil, Co-Founder and CEO of the Premier Lacrosse League. “The passion of our fans and the growth of our game are fueling a live event atmosphere that’s can’t-miss come the PLL Playoffs.”

The PLL’s All-Star Game in Kansas City was the most-watched PLL game on ESPN, driven by inclusion in SportsCenter’s 50 States in 50 Days campaign, featured as the tour’s Missouri stop. PLL games in Boston and Chicago, were the highest attended of the regular season, with ticketing revenue up 11 percent year-over-year.

The league also saw growth across business units, including:

Viewership

Combined viewership of PLL games across linear and streaming is +10% year-over-year
PLL All Star Game average viewership +80% year-over-year, the most-watched PLL game ever on ESPN
Viewership among adults 18-49 +15% year-over-year

Ticket Sales

Revenue +11% year-over-year
Tickets sold +8% year-over-year
12 event day sell outs

Sponsorship

Sponsorship revenue +20% year-over-year
League first banking and automotive partnerships with US Bank and Lexus

Social Media

Impressions +52% year-over-year
Total followers +23% year-over-year
1.2 billion impressions year to date

Merchandise

On-site merchandise sales per cap +15%

PLL App

Content views +34.7% year-over-year
Avg. time spent in app +22.8% year-over-year

PLL Play

Total revenue +21% year-over-year
PLL Juniors revenue +100% year-over-year
190 PLL Play events nationwide

The PLL US Bank Playoffs kick off Saturday, Aug. 23 at TCO Stadium in Minneapolis, exclusively streaming on ESPN+. The Eastern Conference’s Philadelphia Waterdogs will face the Maryland Whipsnakes at 6pm ET, followed by the Western Conference game between the Carolina Chaos and California Redwoods at 8:30pm ET.

Winners will face the New York Atlas and the Denver Outlaws respectively at the PLL Semifinals in Philadelphia on Sept. 1 at Subaru Park. The 2025 PLL US Bank Champion will be crowned on Sept. 14 at Sports Illustrated Stadium at 12:30pm ET on ABC and ESPN+.

ESPN and the PLL recently signed a new five-year media rights deal starting in 2026, covering all PLL and Women’s Lacrosse League (WLL) games across ESPN platforms. The agreement includes a minority equity investment by ESPN, furthering visibility and growth for both leagues with all games on ESPN+ and select broadcasts on ABC, ESPN, and ESPN2.

To view the full PLL US Bank Playoff Schedule and purchase tickets, visit www.premierlacrosseleague.com/schedule.

About the Premier Lacrosse League

The Premier Lacrosse League (PLL) powered by Ticketmaster is a men’s professional lacrosse league in North America, composed of eight teams rostered by the best players in the world. Co-founded by lacrosse superstar, philanthropist, and investor Paul Rabil and his brother, serial entrepreneur and investor, Mike Rabil, the PLL is backed by an investment group composed of Joe Tsai Sports, The Chernin Group, Arctos, Brett Jefferson Holdings, The Raine Group, Creative Artists Agency (CAA), The Kraft Group, Bolt Capital and other top investors in sports and media. The PLL is distributed through an exclusive media rights agreement with ABC, ESPN, ESPN2, and ESPN+. The PLL was named 2023 Best Place to Work in Sports, and 2020 Sports Breakthrough by the Sports Business Journal, and recognized as a 2021 Best Employer in Sports by Front Office Sports. For more on the league, visit www.premierlacrosseleague.com and follow on social media: Instagram (@PLL), Twitter (@PremierLacrosse), Facebook (@PremierLacrosseLeague), YouTube (YouTube.com/PLL) and TikTok (@pll).

Press Contact:

Eric Nemeth
6025022793

View original content to download multimedia:https://www.prnewswire.com/news-releases/premier-lacrosse-league-delivers-record-viewership-and-engagement-in-2025-regular-season-302536999.html

SOURCE Premier Lacrosse League

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PR Newswire

UPDATE — Media advisory – Secretary of State Belanger and Saskatchewan Minister McLeod to announce Government of Canada investments in Child and Youth Advocacy Centres

4 days ago

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OTTAWA, ON, Aug. 22, 2025 /CNW/ – The Honourable Buckley Belanger, Secretary of State (Rural Development), on behalf of the Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency, will make an announcement on investments in Child and Youth Advocacy Centres in Saskatchewan. He will be accompanied by the Honourable Tim McLeod, Saskatchewan’s Minister of Justice and Attorney General and Minister of Corrections, Policing and Public Safety.

A media availability will follow the event.

Date:	Tuesday, August 26, 2025

** Time:	12:30 p.m. ET (10:30 a.m. CT) **

Location:	Moose Jaw Police Service Headquarters 21 Fairford Street West Moose Jaw, Saskatchewan S6H 1V2

Members of the media are asked to contact the Department of Justice Canada’s Media Relations at [email protected] to confirm their attendance. Media representatives are asked to arrive 15 minutes before the start of the event.

SOURCE Department of Justice Canada

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