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KUALA LUMPUR: The year-to-date foreign net outow from Bursa Malaysia surpassed RM13nil last Friday to touch RM13.3bil, according to MIDF Research.
KUALA LUMPUR: Foreign investors continued to remain as net sellers this week, as total net outflow rose to RM589.62 million from RM394.34 million recorded last week.
NEW YORK: A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington's special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.
REVIEW: The easing lockdowns in many countries and hopes for a vaccine discovery remain the focal point of investor-buying, which has been driving up market valuations in what appears to be a strong, sustained recovery.
PETALING JAYA: The founders of the Macrokiosk group completed the acquisition of the remaining equities of the company that it does not already own, from Japan’s GMO Internet Group’s unit, GMO Payment Gateway Inc (GMO-PG), for an undisclosed sum yesterday.
PETALING JAYA: The outlook for MSM Malaysia Holdings Bhd is expected to remain challenging, as the lower demand for refined sugar in an overcapacity industry will take a longer time for the group to turn around its business from a loss position.
KUALA LUMPUR: The FBM KLCI erased its early headway to retreat to the 1,450 level as investors remained cautious at the psychological support.
HONG KONG (AFP): Optimism over the reopening of major economies across the planet continued to push equities higher Thursday (May 28), as investors looked past building China-US tensions for now, though there remain worries about the uncertain global outlook.
TOKYO/NEW YORK: Asian shares and U.S. stock futures rose on Thursday as growing optimism about a global economic recovery from the coronavirus pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.
MUMBAI: Reliance Industries Ltd, which popularised equities as an investment in the world’s second-most populous nation, is now the first to test a trading avenue in India with its record US$7bil rights issue.