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KUALA LUMPUR: The ringgit extended its downtrend against the US dollar at the opening today as the country’s political uncertainty drags on amid reports of a unity government in the works and calls for a snap election, analysts said.
PETALING JAYA: The Malaysian financial markets continue to function efficiently with ample liquidity despite recent developments in the country, said the Bank Negara financial markets committee.
KUALA LUMPUR: Bank Negara said domestic financial markets continued to function efficiently with ample liquidity despite the ongoing political upheaval.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on buying support today after yesterday’s downtrend amid a possible realignment of the country’s political forces and the ongoing COVID-19 outbreak.
PETALING JAYA: Warning sirens blared as the FBM Kuala Lumpur Composite Index (KLCI) fell to its lowest level since Dec 2011, while the ringgit posted its worst intra-day slump in more than three years.
SINGAPORE: Singapore is becoming a hub for the property-management industry: It has more foreign real estate investment trusts (REITs) than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been.
KUALA LUMPUR: Bank Negara is closely monitoring conditions in the financial markets, in light of the recent developments surrounding the country’s political landscape.
PETALING JAYA: Bank Negara said it is closely monitoring the conditions of the financial markets in light of the political developments currently unfolding.
KUALA LUMPUR: Bursa Malaysia was roiled by the rising political uncertainties on Mnday following the break-up of the ruling Pakatan Harapan government and Tun Dr Mahathir Mohamad's resignation, sending the FBM KLCI to the lowest since December 2011.
IT IS a known fact that there is a lack of interest in Malaysian stocks.