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KUALA LUMPUR: Malaysia’s equity market is set to perform better in the second half of the year with the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to hover near the1,700-point level, said UOB Asset Management (Malaysia) Bhd (UOBAM Malaysia).
MBSB Bank Bhd sprang a surprise with an unexpected surge in impairment allowances for the first quarter ended March 31, 2019 (1Q19).
PETALING JAYA: Apple Inc and Samsung Electronics Co Ltd have posted results that are above and in line with street guidance, with investors now turning more bullish despite lower smartphone sales and slowing memory chip demand.
REVIEW: A technical breakthrough on the FBM KLCI mid-week finally saw the index move out of its consolidation phase, indicative of the positive sentiment that has come into play.
2019 ushers in the Universal Year 3, associated with optimism, luck and creativity. Numerologist Gracy Yap says the energy of the year is “light, cheerful and promising”.