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PETALING JAYA: Despite the gradual reopening of the economy, the path ahead for banks remains bumpy at best until next year, with multiple economic headwinds weighing on the sector
KUALA LUMPUR: Foreign fund outflows slowed down to RM539.2mil net of local equities on Bursa Malaysia last week, marking the 17th straight week of foreign net selling activities.
KUALA LUMPUR: Foreign funds outflow slowed down to RM539.2mil net of local equities on Bursa Malaysia last week, marking the 17th straight week of foreign net selling activities.
KUALA LUMPUR: Foreign investors pulled out RM523.8 million net of equities from the local market from Tuesday to Thursday, about half of the total RM1.15 billion net withdrawn in the preceding week.
KUALA LUMPUR: Economists have lauded the government’s move to use domestic borrowings to fund the Prihatin Rakyat Economic Stimulus Package (Prihatin) and the Short Term Economic Recovery Plan (Penjana) stimulus packages.
KUALA LUMPUR: Stocks on Bursa Malaysia managed to close off their day’s low Friday on some mild bargain hunting despite the weaker emerging bourses which were impacted by the overnight tumble on Wall Street.
KUALA LUMPUR: MIDF Research is cautious about Bursa Malaysia as the second downward thrust or fallout phase, may later emerge, possibly in the third quarter, as the fuller extent of economic and corporate earnings impact of Covid-19 become manifest.
KUALA LUMPUR: Shares in Pavilion Real Estate Investment Trust (Pavilion REIT) fell in early trade Friday after it posted a lower earnings in the first quarter ended March 31.