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KUALA LUMPUR: Foreign funds accelerated their selling of equities on Bursa Malaysia to RM937.5mil last week against RM226.1mil in the preceding week, according to MIDF Research.
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KUALA LUMPUR, Aug 9 (Bernama): The volatile trading throughout the week -- driven by the United States (US)-China trade war, declining global banks’ performance, as well as the steady increase in Covid-19 cases globally -- has led to the 25th consecutive week of net foreign selling in the local equity market.
A clear long-term direction is needed to solve the issue of the country over-relying on foreigners to do certain jobs
LONDON: EasyJet Plc is seeing a stronger than anticipated rebound in passenger demand following the lifting of lockdowns, prompting it to accelerate the addition of flights
KUALA LUMPUR: Foreign funds selling of local equity extended to 24th straight week, but at a slower pace of RM226.1mil last week from RM910.2mil in the prior week, according to MIDF Research.
DURING a prolonged economic crisis, Malaysian small and medium enterprises (SMEs) are likely more vulnerable to an economic downturn due to their limited financial capabilities and high-dependence on banks’ credit compared to larger firms.
RISK appetite improves after the US Federal Reserve vows to support the virus-battered economy, sending the dollar to a two-year low of 93.39, down 1.11% week-on-week (w/w).