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HONG KONG (AFP): Technology and energy firms were among the big losers as Asian investors ran for the exit Wednesday (Sept 9) following another rout on Wall Street, with vaccine and post-Brexit trade deal fears adding to the perfect storm
KUALA LUMPUR: Bursa Malaysia came under selling pressure early Wednesday following the overnight fall on Wall Street, with glove makers among the top losers.
KUALA LUMPUR: Bursa Malaysia came under selling pressure in late Tuesday morning as the FBM KLCI fell below the crucial 1,500 level on selling of Top Glove and Hartalega.
LONDON: World shares rose slightly led by Europe on Monday after last week's rout in U.S. tech stocks, though investors worried that any rally could be short-lived and valuations remained high against the backdrop of a global economy in recession
SINGAPORE, Sept 7 (Reuters): Oil prices were trading down more than 1% on Monday after hitting their lowest since July, as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and optimism about demand recovery cooled amid the pandemic.
SINGAPORE: Oil prices dropped more than 1% on Monday after earlier hitting their lowest since July as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months while optimism about demand recovery cooled amid the coronavirus pandemic.
KUALA LUMPUR, Sept 5 (Bernama) -- Bursa Malaysia is seen to trade lower next week, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to hover between 1,500 and 1,520 as investors will keep their focus on Bank Negara Malaysia’s monetary policy meeting to review the overnight policy rate (OPR).
AS expected, Corporate Malaysia’s second quarter earnings were extremely disappointing as most corporates, other than the glove sector and, to a certain extent, the plantation and technology sectors, were lashed by the tsunami of movement control order (MCO) and recovery MCO period that followed thereafter.