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GLOBAL MARKETS-Wall Street ends lower, other markets rise
NEW YORK: Wall Street lost ground on Tuesday, retreating from intraday highs, while oil prices gained ground as investors looked to Washington for signs that an enhanced stimulus package would pass a U.S. Senate vote.
Laying the tracks of recovery for construction
Bullish outlook for the sector but more clarity needed in 12MP
Delay in rural Internet connectivity
Changes in tender criteria is to meet Jendela plan and 5G
Sasbadi bullish on its digital learning solutions
PETALING JAYA: Sasbadi Holdings Bhd views the pandemic as a catalyst for promising opportunities to its digital and technology-enabled solutions segment.
Petronas: Outlook for industry remains challenging
KUALA LUMPUR: Petroliam Nasional Bhd expects the outlook for the industry to remain challenging due to the Covid-19 pandemic, oil demand destruction and an oil price rout.
Boosting Malaysia-China investments and trade
KUALA LUMPUR: Malaysia can further streamline its foreign investment policy to boost business networks and alliances between its companies and China firms and state-owned enterprises.
Muted sentiment on first trading day
Short-sellers and retail profit-taking possible reasons
Special dividend fails to stop price drop
PETALING JAYA: Shares of the world’s largest glove maker, Top Glove Corp Bhd, closed lower on the first trading day of the new year despite having committed to a special dividend on top of its existing dividend policy.
Trading ideas: Destini, T7, Aeon Credit, Ageson, Top Glove, MRCB, GKent
KUALA LUMPUR: JF Apex Research expects Destini Bhd, T7 Global Bhd, Aeon Credit Service (M) Bhd, Top Glove Corp Bhd, Top Glove Corp Bhd, Malaysian Resources Corp Bhd (MRCB) and George Kent (M) Bhd to be among the stocks to watch on Tuesday.
Short-sellers take a step back
PETALING JAYA: Short-selling pressure on Bursa Malaysia appears to have eased as the stock market’s bellwether index snapped a two-day slump, ending the day on its intraday high.
