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Malaysia’s removal from FTSE Russell watch list positive
KUALA LUMPUR: Bursa Malaysia slumped in early Thursday trade on concerns about the political outlook for the country while the Covid-19 cases surged to a fresh high on Wednesday amid calls for stricter curbs.
KUALA LUMPUR: Consumer stocks were among the top losers on Bursa Malaysia on Wednesday as investors locked in recent gains on uncertainties in the market and political concerns.
PETALING JAYA: Malaysia Digital Economy Corporation (MDEC) is proposing a designated hub interconnecting Fourth Industrial Revolution (IR 4.0 or 4IR) players in Malaysia to the rest of the world.
LOOKING back on the less than two years Pakatan Harapan served as the federal government, there were many successes, as well as evident weaknesses in the way the coalition governed the country.
THE political stalemate in the country will undoubtedly leave scars so deep among the investment community that it would take years to heal.
KUALA LUMPUR: Bursa Malaysia saw its trading volume surge to over five billion shares on Friday, the last trading day of February, as the FBM KLCI tumbled to the lowest since December 2011, battered by the Covid-19 and ongoing political turmoil.
KUALA LUMPUR: Heightened political uncertainty due to the collapse of the Pakatan Harapan (PH) government is likely to give rise to higher volatility in Malaysia's financial markets and potentially spur some capital outflows, S&P Global Ratings said.
KUALA LUMPUR: The political crisis in the Pakatan Harapan coalition government has seen UOB Kay Hian Malaysia Research lowering its FBM KLCI trough valuation to 1,480 based on 15 times 2020F price-to-earnings PE (-one standar deviation) to mean.
KUALA LUMPUR: Bursa Malaysia came under selling pressure at the start of Monday as investors grew concerned over political uncertainties as Pakatan Harapan is on the brink of collapse.K