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In a synchronised fashion, the ringgit, stock market and exports are all glowing for Malaysia. Add this to the rising price of crude oil, economists are expecting the good start to the year to continue leading up to GE14. Experts foresee these translating to lower import costs and more affordable overseas education.
KUALA LUMPUR: Oil prices are projected to rise going forward as global economies gradually start gradual reopening, thus providing a positive catalyst for Bursa Malaysia next week. The Bursa which ended above 1,400 on Friday will inspire some confidence in the market next week.
KUALA LUMPUR: Bursa Malaysia is likely to trade on a cautious tone next week as investors are looking at the release of economic data including Malaysia’s first-quarter gross domestic product (GDP) next week.
PETALING JAYA: The 513 points crash of the Dow Jones Industrial Average on Thursday, reverberated throughout Asia with stocks falling the most since March this year.
PETALING JAYA: Caution may have been the byword in the local bourse, given the uncertainties that hovered over the general election, but the announcement of Parliament’s dissolution may be a signal for investors to begin looking for opportunities.
PETALING JAYA: Datuk Seri Dr Wee Ka Siong has told Finance Minister Lim Guan Eng to not make jokes that could have a negative impact on the stock market.