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KUALA LUMPUR: The FBM KLCI backed away from the 1,600 psychological resistance on Thursday after a two-day advance as market sentiment remained capped by the ongoing full lockdown and elevated number of Covid-19 infections.
BEIJING, Global Times, June 2 - Chinese President Xi Jinping said on Monday China needs "to develop a voice in international discourse that matches China's comprehensive national strength and international status, " as Chinese top leaders had a group study session on strengthening China's capacity for international communication, with experts saying China will not keep silent amid a stigmatization and propaganda warfare launched by the US and its allies, and China has the confidence to shape a more "reliable, admirable and respectable image."
KUALA LUMPUR: Stocks to watch on Thursday include Hibiscus Petroleum Bhd, Techfast Holdings Bhd, Wah Seong Corp Bhd, Datasonic Group Bhd, Computer Forms (M) Bhd and Serba Dinamik Holdings Bhd, according to JF Apex Research.
KUALA LUMPUR: Bursa Malaysia advanced for the second straight session, on continued buying in banking and Petronas-linked stocks.
HONG KONG (AFP): Oil prices extended their rally Wednesday (June 2) on growing expectations for demand as the global economy recovers, though equity investors trod a more cautious line as inflation fears continue to cast a shadow over trading floors.
KUALA LUMPUR: Top Glove Corp Bhd, AirAsia X Bhd, Pharmaniaga Bhd, Duopharma Biotech Bhd, Microlink Solutions Bhd and Pertama Digital Bhd are among the stocks to watch, according to JF Apex Research.
TORONTO: Canada's main stock market index moved above the 20,000 threshold for the first time on Tuesday, while the loonie notched a six-year high, with sentiment boosted by higher commodity prices and data showing strong growth in the domestic economy.