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Analysts warn about firms whose business is unrelated to Covid-19
REVIEW: The slide below 1,500 points came on Thursday, serving as a breach of the crucial support, which was further affirmed with Friday’s continued decline.
NEW YORK: Asian stocks were set to gain on Friday, as global sentiment remained doggedly upbeat despite increased volatility and rising new coronavirus infections, with Wall Street pushed higher by a loosening in bank regulations.
But they do not expect the market rally to last more than six months, according to a survey
PETALING JAYA: The current global stock market rally is mainly driven by liquidity coming from central banks’ stimulus around the world and the low-interest rate environment, according to MIDF Group.
LONDON: UK equities have underperformed every year since the 2016 referendum, and have been a consensus underweight among money managers. Just as the long-shunned market was starting to recover from years of political instability and uncertainty over ties with the European Union (EU), the coronavirus pandemic has left the country facing its worst recession in 300 years.
KUALA LUMPUR: Bursa Malaysia Bhd has rolled out a new set of features on its “Bursa Anywhere” mobile application (app), allowing investors to apply for new Central Depository Services (CDS) accounts and register for e-dividends using the app.
BANGKOK (AP): Shares were mixed on Monday (June 22) in Asia as China and South Korea reported lower numbers of new Covid-19 (coronavirus) cases, while new infections in the US and worldwide surged sharply.