KUALA LUMPUR, Aug 18 — Bursa Malaysia ended mixed today with the key index rising by 0.11 per cent on the back of cautious sentiment amid the ongoing political developments in the country. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.65 points to end the day at 1,525.24 from Tuesday’s close of 1,523.59. […]
Read MoreKUALA LUMPUR (XINHUA) – Fitch Solutions Country Risk and Industry Research yesterday lowered Malaysia’s real gross domestic product (GDP) growth forecast this year to zero per cent from 4.9 per cent previously, to reflect higher risk for the third wave of COVID-19 infections. The Fitch unit said Malaysia’s second quarter economic growth fell far below […]
Read MoreKUALA LUMPUR, Aug 17 ― Bursa Malaysia remained in the positive territory at mid-afternoon amid sustained buying momentum. At 3.05pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 16.84 points to 1,519.74 from yesterday’s close of 1,502.90. The index opened 2.37 points higher at 1,505.27. On the broader market, gainers led losers 560 to […]
Read MoreSINGAPORE (REUTERS) – The Malaysian ringgit fell to a one-year low on Monday (Aug 16) and stocks in Kuala Lumpur slipped as an expectation that the Prime Minister will resign turned investors cautious. Malaysian Prime Minister Muhyiddin Yassin is expected to step down on Monday, media reports say, after losing his majority in Parliament. The ringgit last […]
Read MoreKUALA LUMPUR (BERNAMA) – The government will allow 11 types of business activities in the trade and distribution sectors to resume operations under Phase One of the National Recovery Plan (NRP) effective tomorrow, Malaysia Prime Minister Tan Sri Muhyiddin Yassin said. The business categories are namely car wash services; electrical and electronics stores; household items […]
Read MoreKUALA LUMPUR, Aug 16 — Malaysia remains on the right trajectory for further economic recovery boosted by the surge in external demand supported by electrical and electronics (E&E), petroleum, rubber products, palm oil and chemical products, the Ministry of International Trade and Industry (Miti) said. It said this was based on the Bank Negara Malaysia […]
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