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PETALING JAYA: Rubber glove makers have again hoisted Malaysia’s benchmark stock index into the positive region even amid negative sentiments from the shaky global economic recovery and local political uncertainties.
KUALA LUMPUR: Malaysia’s economy is forecast to shrink by 6% this year due to the impact of the Covid-19 pandemic, but it will rebound 6.6% next year, according to the Global Economic Outlook report from Oxford Economics.
More must be done for health and sustainability
MANY global stock markets are in a pullback mode, and Bursa Malaysia is no exception. Around the world, stocks that have posted astronomical jumps in share prices over the past few months have recently declined or moved sideways.
PETALING JAYA: After a good rally since April this year, the local stock market is seeing some reversals as investors take some profits before the loan moratorium comes to an end this month.
BEIJING: China will accelerate the opening up of its capital markets and deepen reforms to attract more foreign investors, according to China securities regulatory commission vice chairman Fang Xinghai.