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KUALA LUMPUR: Bank Islam Malaysia Bhd’s wholly-owned subsidiary, BIMB Investment Management Bhd is targeting the asset under management (AUM) subscription for its recently launched Dana Makmur myWakaf to reach RM50 million by year end.
KUALA LUMPUR: If not for the sell-off in the rubber glove counters, stoked by the US Customs and Border Protection (CBP) last Wednesday, Malaysia could have recorded net inflow for month of March, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim.
KUALA LUMPUR: The FBM KLCI slid into negative territory at midday as the index failed to make headway amid an absence of trading leads.
KUALA LUMPUR: A single day of outflow was enough to turn foreign investors into net sellers of Malaysian equities over the previous trading week.
NEW YORK: The dollar and the yield on the benchmark Treasury note edged higher in light trading on Friday after data showing a surge in the hiring of Americans in March pointed to a U.S. economic recovery that is poised to be the strongest in decades
WAREHOUSES are in hot demand. One of the main buyers are logistics firms seeking to expand.
NO matter how dim a view is taken on valuations, or the untethered exuberance of its retail devotees, or even its actual age, the bull market in stocks keeps managing to deliver goods to its faithful.
KUALA LUMPUR: Investors continued to pick up oversold counters on Bursa Malaysia, capitalising on the opportunity amid a rally in global equities and an optimistic IHS Malaysia Manufacturing PMI.
NEW YORK: Global equity markets surged on Thursday, with U.S. and European benchmark indexes hitting record highs, as the strongest manufacturing data around the world in decades and a drop in bond yields drove investor optimism.