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THE dollar advanced 1.54% to 93.35, near a two-month high as the risk sentiment dents ahead of the November US elections as well as a continued increase in Covid-19 infections.
KUALA LUMPUR: Foreign funds have offloaded RM558.4mil net of local equities on Bursa Malaysia during the Sept 14-19 period against RM71.2mil net acquired during the previous period of Sept 7-12.
PETALING JAYA: Green Packet Bhd will provide its e-wallet services to MMAG Holdings Bhd following the move by the Human Resources Ministry to make it mandatory for salaries of foreign workers to be credited into an e-wallet or a bank account
Uncertainties in cruise industry more painful for Genting Hong Kong’s debt restructuring
KUALA LUMPUR: After a month of outflow, foreign investors have turned buyers during last week, injecting RM71.2mil net of equities into the local market against RM589.4mil net sold during the whole of the previous week.
KUALA LUMPUR: S&P Global Ratings has raised concerns about bond buying programmes by central banks in India, Indonesia, and the Philippines progressing to debt monetisation.
KUALA LUMPUR: FTSE Bursa Malaysia KLCI (FBM KLCI) is set to close the year at the 1,580 level based on calendar year 2020 (CY20) price-earnings (PE) multiple of 15 times, said Rakuten Trade Sdn Bhd head of research Kenny Yee.
KUALA LUMPUR: Foreign funds changed course by turning to be net buyers to the tune of RM70.91mil in comparison to net selling the previous week, according to MIDF Research.