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PETALING JAYA: The tariffs slapped by the US on China will likely see the Malaysian equity market trading sideways with the KLCI hovering between 1,838 and 1,881 points in the near term,according to AmBank Research.
PETALING JAYA: The Malaysian equity market will likely maintain its positive run in the year ahead, with the local benchmark index expected to close higher by end-2018.
HONG KONG: Goldman Sachs failed to make it to the upper echelon of Asia's equity market fee earners for the first time in more than a decade, hit by a squeeze in fees that is prompting the US bank to cut back jobs in the region.
KUALA LUMPUR: Investors’ shift to risky assets is expected to accelerate this year, and this could benefit emerging markets, including Malaysia, whose equity market seems to offer the best yield, according to Eastspring Investments.
PETALING JAYA: The Employees Provident Fund (EPF) saw its investment income jump 19.7% in the second quarter ended June 30 to RM9.16bil from RM7.66bil a year earlier on a post-election rally in the equity market.
PETALING JAYA: Starting December on a strong note, shares on Bursa Malaysia rallied yesterday as sentiment turned positive on regional markets after the US and China agreed on a trade war truce. Gains in global oil prices also added to the bullish tone in the local equity market.