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KUALA LUMPUR: The outlook for Favelle Favco Bhd appears positive, as its recent contract wins signal a recovery for the oil and gas sector.
KUALA LUMPUR: MIDF Research has reiterated its positive view on Favelle Favco Bhd as its recent contract wins signal a recovery for the oil and gas sector.
KUALA LUMPUR: Bursa Malaysia was in the red in early Wednesday trade on lack of buying interest but Haily Group, which made its trading debut on the ACE Market, held steady.
NEW YORK:Wall Street notched a comeback on Tuesday with all the major indexes closing higher, and yields on safe-haven U.S. Treasuries bouncing off lows as investors sought riskier assets even as worries remained about a resurgence in COVID-19.
NEW YORK/LONDON: Global stock markets ended lower on Friday as investors grappled with fears of rising inflation and a surge in coronavirus cases while the dollar edged higher after upbeat U.S. retail sales data reaffirmed an economy in strong recovery mode.
KUALA LUMPUR: Value Partners Asset Management Malaysia Sdn Bhd has launched the VP-DJ Shariah China A-Shares 100 ETF, the world’s first A-share exchange traded fund (ETF) that tracks the performance of the Dow Jones Islamic Market China A-Shares 100 Index.
NEW YORK: Investors are looking to United States companies’ upcoming quarterly results and forecasts about the recovery in the second half of 2021 as some worry that the recent economic surge is already waning.
NEW YORK: Investors are looking to U.S. companies' upcoming quarterly results and forecasts about the recovery in the second half of 2021 as some worry that the recent economic surge is already waning.
NEW YORK: The S&P 500 nabbed its fifth straight record closing high on Wednesday as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday's highly anticipated employment report.
Asian markets skidded on Monday, with Japan's Nikkei 225 index losing 3.3%, after a sell-off Friday on Wall Street gave the S&P 500 its worst weekly loss since February. U.S. futures were marginally lower.