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KUALA LUMPUR: Sustained selling pressure on glove stocks kept the FBM KLCI in negative territory over the course of the morning session amid rising Covid-19 vaccine hopes.
SYDNEY, Aug 24 (Reuters): Asian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after the US Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option.
KUALA LUMPUR: Glove makers led the FBM KLCI lower as news that Russia had registered the world's first Covid-19 vaccine sent investors on a profit-taking spree.
Continued curbs on short selling and flexibility in share financing amidst bullish sentiments raise questions
KUALA LUMPUR: What a week it has been for Bursa Malaysia as frenzied buying of penny stocks and heavy churning saw the trading volume break fresh records several times this week.
LONDON: Britain’s banks took a gloomier view than almost all their European peers in their second quarter earnings, as coronavirus fears, Brexit and low interest rates caused them to bake tougher “worst-case” scenarios into their risk models.
LONDON: Britain's banks took a gloomier view than almost all their European peers in their second quarter earnings, as coronavirus fears, Brexit and low interest rates caused them to take tougher "worst-case" scenarios into their risk models.
KUALA LUMPUR: Bursa Malaysia started Tuesday on a cautious note with the FBM KLCI slipping into the red, extending the battering by foreign funds the previous day while overall trading volume surged to 2.3 billion shares.