KUALA LUMPUR: Investors on Bursa Malaysia could be feeling optimistic over Malaysian companies signing three memoranda of understanding with their Chinese counterparts worth nearly RM20bil over the weekend.
"Despite the selldown on Wall Street, we believe the traders may focus on the three MOUs signed over the weekend and shift the attention to the waste-to- energy, warehousing and logistic, and the plantation sectors for trading opportunities," said Malacca Securities Research in a note.
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