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Short selling soars on post-GE13 relief

Short selling on Bursa Malaysia hit a record RM293mil in June this year from almost zero in March 2012, the stock exchange operator said on Wednesday.

Malaysia-Market Factors To Watch On July 24

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the Malaysian market.

Bursa posts best quarter in six years

KUALA LUMPUR: Bursa Malaysia Bhd had its best quarter in six years as the conclusion of the 13th general election (GE13) lifted a crucial overhang on the stock market, helping to double retail participation and nudge its market capitalisation to RM1.6 trillion.

AmResearch maintains Buy on Sarawak's Hock Seng Lee, FV RM2.48

KUALA LUMPUR: AmResearch is maintaining its Buy recommendation onHock Seng Lee with a sum-of-parts fair value of RM2.48 a share after it bagged a RM228mil contract for an 18-storey building.

Conversation with a M'sian angry with the Govt

RECENTLY, I had a robust conversation with a Malaysian. He was very angry. He had so much to complain about everything in our country. To him, nothing is right in Malaysia.

First-half 2013 figure seen to surpass that of the same period last year

PETALING JAYA: Vehicle sales in the first six months of 2013 should surpass the sales achieved in the first half of last year, despite initial hesitation by customers adopting a “wait-and-see” attitude leading up to the 13th general election (GE13).

Vehicle sales improving

PETALING JAYA: Vehicle sales in the first six months of 2013 should surpass the sales achieved in the first half of last year, despite initial hesitation by customers adopting a “wait-and-see” attitude leading up to the 13th general election (GE13).

FBM KLCI declines on selling pressure in key regional markets

PETALING JAYA: A sell-off in Japan triggered selling pressure in key regional markets and Europe, and sent Malaysia’s FTSE Bursa Malaysia KL Composite Index (FBM KLCI) down as much as 18.26 points to a low of 1,765.62.

Economy to grow stronger in Q2 ETP will boost 2013 GDP growth to around 5%, says Credit Suisse Securities MD

KUALA LUMPUR: Malaysia’s economy will grow stronger in the second half this year, driven by the removal of the political uncertainty and the Government’s firm economic policy, said Credit Suisse Securities (M) Sdn Bhd managing director Stephen Hagger.

Jala: GST could add up to RM27bil to country’s income

KUALA LUMPUR: Malaysia will be able to rake in an additional income of up to RM27bil if the proposed goods and services tax (GST) is implemented at 7%, similar to Singapore’s.