You have searched for "Kenny Yee"
Showing 1-10 of 121
WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
PETALING JAYA: There are bright spots emerging that may turn the tide in the country’s merger and acquisition (M&A) space this year after a slower hive of M&A activities last year.
PETALING JAYA: The US-China trade war has gone from bad to worse after China turned the tables on US President Donald Trump by allowing the yuan to fall to its lowest level in a decade and ordered its state-owned companies to halt agricultural product imports from the world’s biggest economy.
KUALA LUMPUR: Online equity broker Rakuten Trade Sdn Bhd expects the FTSE Bursa Malaysia KLCI (FBM KLCI) to rebound to the 1,800 level next year driven by better corporate earnings and reversal of foreign outflow trends.
PETALING JAYA: Foreign funds will possibly make their way back to Malaysia by the third quarter of this year to take advantage of the current reasonable valuation and cheap ringgit, says online equity broker Rakuten Trade.
GEORGE TOWN: The stock market outlook in Malaysia is expected to be bright this year, according to Rakuten Trade Sdn Bhd.
KUALA LUMPUR: The ringgit's upward momentum is expected to continue next week, with the currency forecast to hit the 4.00-level against the US dollar as risk appetite improves amid a weaker greenback and recovery in commodity prices. Equities on Bursa Malaysia and palm oil are expected to be quiet on a shortened trading week.
PETALING JAYA: Earnings growth and positive fund flow movements could be key catalysts to drive the stock market from current depressed levels, according to MIDF Research, which has maintained its 2019 target for the FBM KLCI at 1,830 points. The target is almost 200 points higher than yesterday’s close of 1,635.31 points for the FBM KLCI, with the forecast being based on a price to earnings ratio of 16.2 times from the current level of 15.8 times.