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Glove makers gave the FBM KLCI the much-needed lift as the Covid-19 cases rose to 4,498 – the highest since late January – while also advancing were IHH Healthcare and plantations. At 5pm, the KLCI was up 9.12 points or 0.58% to
For the first time after 11 consecutive months, the number of employed persons registered a positive year-on-year growth of 0.6% (+96,900 persons) in March.
SINGAPORE: Oil prices recovered after a 1% dip in the previous session, on buoyant economic data from China and the United States even as the surging pandemic in India capped prices.
KUALA LUMPUR: Stocks to watch on Friday include IHH Healthcare Bhd, My E.G. Services Bhd (MyEG), Berjaya Food Bhd, Inari Amertron Bhd and MISC Bhd, according to JF Apex Research.
KUALA LUMPUR: The sluggish pace of the vaccination programme, coupled with the renewed movement control order (MCO 3.0) in Malaysia, are likely to have prolonged scarring effects on economic and business activities.
TWO of the country’s top glove producers Supermax Corp Bhd and Hartalega Holdings Bhd released their latest quarterly blockbuster earnings this week, with both companies adding RM1bil in net profit each.
KUALA LUMPUR (Bernama) -- MIDF Research maintained its view that Bank Negara Malaysia (BNM) will not make any changes to the overnight policy rate (OPR), which stood at 1.75%, as the current rate remains accommodative to support Malaysia’s economic recovery.
Glove makers dragged the FBM KLCI deeper into the red in early Thursday trading.
NEW YORK: Oil ended little changed on Wednesday after two days of gains despite a sharp drawdown in U.S. crude stocks, as the market weighs the outlook for demand with coronavirus infections still surging worldwide.