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Bursa, Asian markets rally on stimulus, drop in new Covid-19 cases
KUALA LUMPUR: Bursa and key Asian markets closed sharply higher on Tuesday as investor sentiment was reinforced by stimulus measures and a drop in new Covid-19 cases.
Axiata, Digi are UOB Kay Hian Research’s top picks
KUALA LUMPUR: UOB Kay Hian Malaysia Research has upgraded the telecommunication sector to Overweight from Market Weight on expectations of stable earnings, sustainable dividend and attractive valuations.
Market is likely still looking for bottom amid rising risk of recession
INVESTORS have been warned: the worst is yet to come.
Surge in data traffic for telcos during MCO
PETALING JAYA: Some telecoms players have seen an upsurge in data traffic since the movement control order (MCO) but they can’t say if that will translate to higher earnings for this year.
M’sians start receiving aid under stimulus package
KUALA LUMPUR: Malaysians from all walks of life began receiving the various assistance and initiatives under the Economic Stimulus Package announced by the government to ease the burden of those affected by the Covid-19 pandemic.
KLCI swings back to the red, oil prices come under more pressure
KUALA LUMPUR: Investors took some profit from Malaysian equities following yesterday's advance, taking the FBM KLCI lower amid mixed results in Asian markets.
Stimulus package aid rolls out from Wednesday (April 1)
KUALA LUMPUR (Bernama): Beginning Wednesday (April 1), Malaysians will receive the various assistance and initiatives under the Economic Stimulus Package announced by the government to ease the economic burden of the people who are adversely affected by the Covid-19 pandemic.
MCO: Maxis, Digi, Yoodo or Tune Talk user? Find out how you can get your free daily 1GB Internet data starting April 1
Maxis, Digi, Yoodo and Tune Talk users can find out how to redeem free 1GB Internet data starting April 1.
KLCI closes higher but down 15% in 1Q, battered by Covid-19
KUALA LUMPUR: Bursa Malaysia’s FBM KLCI ended Tuesday, the first quarter of 2020, on a downbeat note as the Covid-19 ravaged global and Asian markets, which was worse than the 2008 Global Financial Crisis.
Bursa snaps recent rally, tracks key markets lower
KUALA LUMPUR: Bursa Malaysia closed lower on Monday, snapping last week’s rally, in line with key Asian markets as investors worried about more countries imposing lockdowns.