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KUALA LUMPUR: Bursa Malaysia ended mixed on Thursday, with the FBM KLCI ending 0.04% higher ahead of the Budget 2020.
Singapore: New Zealand’s dollar is set to take another leg down this week if key manufacturing data add to evidence business sentiment is deteriorating.
BUDGET 2020 will be tabled on Friday and will contain the usual spending plans for the various ministries and social programmes in the country for next year.
Analyst says history shows ‘quite convincingly’ that fourth-quarter returns tend to be positive.
Recent developments are pointing towards the growing negative effects of protectionism in the investment landscape, resulting in an averse reaction in global stock markets.
PETALING JAYA: The FBM KLCI fell to one of its lowest levels in four years yesterday, shedding some 331.06 points or 17.4% from its April 2018 high of 1,895.18.
KUALA LUMPUR: Bursa Malaysia and key Asian markets were routed on Thursday after the US imposed new tariffs on European goods, raising concerns about slower global growth.
KUALA LUMPUR:Bursa Malaysia and Asian markets ended in the red on Wednesday, in line with global markets on fears of a global slowdown following weakenesses in US manufacturing output.
KUALA LUMPUR: The FBM KLCI embarked on a steady decline on Wednesday as weak US manufacturing data suggested that the US economy may be feeling the effects of the trade war.
KUALA LUMPUR: Geopolitical worries ranging from the proposed impeachment of the US President, US-China trade war and Brexit pushed world stocks into the red on Wednesday with the FBM KLCI also not spared the fallout.