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ASSET management firm ING Financial Markets has upgraded its outlook for Malaysia's equity market and boosted its holding of Malaysian stocks to 9% of its total Asian (except Japan) portfolio from 5% previously.
PROPERTY developer Millennium Land Sdn Bhd anticipates margins will be affected due to the rise in raw material and labour costs, but its chief executive officer forecasts that the property will enjoy good sales and expects sales revenue to hit at least RM70mil next year.
THE country's smooth leadership transition and the listing of Astro All Asia Networks plc next week could set the stage for another stock market surge similar to the one seen two weeks ago.