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KUALA LUMPUR: Bursa Malaysia rallied on an upswing in global sentiment as economies around the world lifted their restrictions on expectations that the worst of the Covid-19 pandemic had passed.
KUALA LUMPUR: AllianceDBS Research is retaining its Buy call on KPJ Healthcare but with a lower target price of RM1.10 compared with its previous target price of RM1.35 due to the Covid-19 pandemic.
KUALA LUMPUR: Selling activity amongst foreign investors increased last week, according to MIDF Research.
KUALA LUMPUR: Traders and punters were very active in early Monday trade as trading volume surged to 1.72 billion units in about 16 minutes of trade, focusing on oil and gas penny stocks.
KUALA LUMPUR: The continuous net foreign outflows in the equity market reflect that offshore investors are taking a defensive strategy and shifting into risk-free assets such as government securities.
Equities have lagged behind in market’s recent rally
THE United States, which is the epicentre of the Covid-19 pandemic, is the base for some of the world’s largest healthcare companies. These companies are in the race to find a vaccine for the virus and have from time to time disclosed the progress of finding a wonder drug to prevent the spread of the virus.
GLOBAL recession is here. The global Covid-19 pandemic changed everything. Lockdowns imposed by governments the world over have pushed the global economy into the sharpest downturn since the Great Depression.
Stock market seems charged up on stocks that are deemed to be beneficiaries of Covid-19