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SINGAPORE: Global stocks scaled record highs on Friday, with Asian equities rising for the fifth straight session, as signs the Federal Reserve will pursue a gradual rate tightening path and hopes of a strong earnings season lifted appetite for risk assets
KUALA LUMPUR: Malaysian equities suffered the biggest selldown in the week ended Aug 23, 2013, which was the largest in the week since the 2008 US sub-prime financial crisis, said MIDF Research.
KUALA LUMPUR: Hwang DBS Vickers Research expects Malaysian equities to come under renewed selling pressures on Tuesday due to external headwinds.
KUALA LUMPUR: Outflow of foreign capital from Bursa Malaysia slipped to RM114.1mil in the week ended Dec 27, according to MIDF Equities Research.
Gold ticked down on Monday, heading for its biggest annual loss in more than three decades at nearly 30%, as firm equities and the prospect of a recovery in the global economy stole its shine.
SINGAPORE: Gold was steady but near its lowest in more than two months on Wednesday, with stronger equities denting the metal's safe-haven appeal and outflows from bullion funds showing weak investor appetite.