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Summary of business stories on economy, MCO 3.0, cryptocurrencies, AirAsia X, Genting and Maybank from May 17 to 23.
KUALA LUMPUR: Foreign funds acquired RM32.4mil worth of equities on Bursa Malaysia last week, snapping a nine-week selling streak, according to MIDF Research.
Leong Hup International Bhd’s earnings are expected to remain steady, as average selling prices (ASP) for poultry are anticipated to be sustained during the current movement control order (MCO 3.0).
PETALING JAYA: Sunway Bhd’s full-year prospects are expected to continue to be supported by strong property sales.
PETALING JAYA: MSM Malaysia Holdings Bhd expects gradual improvement in its financial performance driven by improved production cost, higher volume and premium.
KUALA LUMPUR: Foreign funds upped the ante in buying stocks listed on Bursa, acquiring RM190.2mil of local equities last week, according to MIDF Research.