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KUALA LUMPUR: Public Bank, Hong Leong Bank and Tenaga Nasional reversed their losses and nudged the FBM KLCI into the positive zone at the close of trade on Tuesday after a volatile day.
KUALA LUMPUR: IHH Healthcare, CIMB and Digi powered the FBM KLCI comfortably above the key 1,600 level on Monday but G3 Global, which had surged in recent weeks, hit limit-down.
PETALING JAYA: With the prolonged US-China trade war and global growth moderating across developed and emerging economies, coupled with geopolitical tensions, the banking sector as a bellwether of the Malaysian economy is not being spared from a tough 2020.
THE current state of the United States economy is not calling for negative rates yet but is there a sign of concern that President Donald Trump keeps asking for them?
KUALA LUMPUR: Malaysians are becoming more savvy and mature in their thinking despite the spread of fake news and sensationalism, says Gobind Singh Deo.
KUALA LUMPUR: Shares of IHH Healthcare gave the FBM KLCI the much needed lift to return to the positive zone after a volatile day on Friday – despite some late selling pressure – while key Asian markets closed higher.
Malaysia Retail Chain Association (MRCA) celebrated its 27th anniversary with a gala dinner themed “Be A Star” at One World Hotel Petaling Jaya.
KUALA LUMPUR: RHB research has upgraded MISC Bhd to a buy rating with a higher target price of RM9.21 following the release of 9M19 earnings that came within estimates.
KUALA LUMPUR: RHB Research has upgraded SP Setia to Buy from Neutral with a new target price pf RM1.68. Its last traded price was RM1.35.
KUALA LUMPUR: Confusion over the state of the US-China trade talks pushed Wall Street futures, European and Asian markets deeper into the red, with Bursa Malaysia also following suit, further weighed down by Petronas Chemicals weaker earnings.