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FOREIGN funds are rushing out of Southeast Asian equities on concerns a coronavirus resurgence will dent the region’s economic recovery, and a slow vaccine rollout means the selloff may not reverse anytime soon.
FOREIGN funds are rushing out of South-East Asian equities on concerns a coronavirus resurgence will dent the region’s economic recovery, and a slow vaccine rollout means the selloff may not reverse anytime soon.
KUALA LUMPUR: Bursa Malaysia started Monday on a downbeat note, with the FBM KLCI weighed down by some selling of selected stocks including Petronas Dagangan.
KUALA LUMPUR: Bursa Malaysia started Tuesday on a firmer note with the FBM KLCI eking out some gains while the broader firmed up with Serba Dinamik advancing in active trade.
NEW YORK: For all the worries of emerging markets (EMs) staring down a repeat of the 2013 Taper Tantrum, policymakers in Asia should be considerably more calm.
KUALA LUMPUR: The FBM KLCI retreated for the fourth straight session amid a weak sentiment as the key index succumbed to the extended profit taking activities.
MANILA: The Philippine Stock Exchange remains optimistic that corporate and tax regulators will resolve issues on borrowing and lending of securities this year, allowing the bourse to initiate short selling in 2021
THE past year has been a struggle, not only for companies. While firms of various sizes and structures cope with the challenges brought on by the pandemic, their investors have been similarly kept on their toes.
KUALA LUMPUR: Bursa Malaysia started the new week on Monday in the red on selling of key blue chips amid a weaker broader market as the country sees lower economic growth due to the pandemic and restrictions.
THE last few months have been awfully brutal for the glove sector, regardless of which glove stock you’re looking at.