A newborn bull? Bursa Malaysia expected to strengthen in cautious trade


By K.M.LEE

REVIEW: The latest economic data filtered out from China, showing weak manufacturing figures and the big drop in Chinese stocks, drove overnight Wall Street down a hefty 530.94 points to 16,459.75 the previous Friday, its sharpest one-day fall in almost four years in a broad-based sell-off.

Over on the New York Mercantile Exchange, crude oil prices lost 87 cents to US$40.45 per barrel amid worries that a slower demand growth would prolong a global glut.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Market Trend , Bursa Malaysia , FBM KLCI

   

Next In Business News

Buyout proposal for Anglo American could reshape copper market
AI memory boom propels SK Hynix’s numbers
Ford profit up on sales of commercial vehicles
Wall St set to open lower as Meta Platforms, economic data weigh
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
Samenta wants micro enterprises to be exempted from e-invoicing
Pantech seeks Main Market listing for subsidiaries via SPV
Inta Bina secures RM224.80mil contract for serviced apartment project
UMediC transfers to Main Market
Ringgit closes marginally higher against US dollar

Others Also Read