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Showing 1-10 of 2016
PETALING JAYA: The local equity market has rallied for eight days in a row, with investors picking up beaten-down stocks as concerns of a global trade war ease with United States economic growth taking a positive turn.
SINGAPORE: Maybank Kim Eng Group, the investment banking arm of Maybank, is positive over the Malaysian equity market, with an expectation of the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) hitting the 1,800-level this year.
KUALA LUMPUR: Standard Poor's (SP) Equity Research expects a more challenging second half year for the Malaysian equity market as much of positive market news has been factored into stock prices, said vice-president and head of Asia equity research, Lorraine Tan.
PETALING JAYA: Budget 2018 is expected to have a neutral to mildly positive impact on the overall local equity market.
KUALA LUMPUR: As the outlook for Malaysia's economy remains rather sanguine with Bloomberg consensus GDP growth for this year expected at 4.4%, MIDF does not foresee the equity market turning bear anytime soon.
OSK Holdings Bhd, which posted a sharp rise in profit for the first quarter ended March 31, sees continued earnings growth despite the expected relatively slower equity market in the second quarter compared with the first, general manager (group corporate and legal affairs) Woon Chong Boon said.