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PETALING JAYA: The absence of exciting leads could see the local stock market trade mainly range-bound this first week of August - chalking up marginal gains, if any.
NEW YORK: Stocks had their biggest rally in two weeks Thursday as earnings and economic reports reassured investors that the recovery, while uncertain, is continuing.hr noshade size=-1 width=50%>
PETALING JAYA: The second-quarter earnings season should see a 'firm' quarter-on-quarter growth trend for the banking, consumer and semiconductor sectors while aviation and rubber glove companies are likely to experience contractions, analysts predict.
PETALING JAYA: Malaysia's Industrial Production Index (IPI), which rose by a higher-than-expected 12.5% in May versus a year earlier, will likely see a slower pace of growth in the second half of the year due to the sluggish recovery in the global economy and the diminishing low-base effects from last year.
A few months ago, investors were worried that China's economy was overheating and the property bubble was about to get out of control.
TOKYO: Asian stocks struggled to find direction in early trading Friday, with markets wavering between positive and negative territory after another lackluster day on Wall Street.hr noshade size=-1 width=50%>