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PETALING JAYA: Most sectors on Bursa Malaysia are likely to see double-digit earnings growth this year, lending further support for the FBM KLCI to breach the 1,800-point level by year-end as market optimism improves.
KUALA LUMPUR: A strong palm oil output recovery is expected in the second half of this year (H2) from good rainfall, the normalisation of fertiliser application and support from better prices.
LONDON: The historic Brexit trade accord may have sparked a relief rally, but investors are pouring cold water on the notion that it’s the beginning of a bullish era for U.K. markets.
NEW YORK: As holiday shopping season wraps up, United States equity investors are gauging whether long-languishing shares of brick-and-mortar retailers can sustain their recent rebound in anticipation of a full economic reopening in 2021.
Counters tied to economic performance are back in favour as rebound picks up pace
Ban on Chinese companies will harm investors’ interests
BENGALURU (Reuters) - European shares jumped to an eight month high on Monday after drugmakers Pfizer and BioNTech flagged strong progress in their COVID-19 vaccine, while Joe Biden's presidential victory raised hopes of a more stable US trade policy.
KUALA LUMPUR: The King, Sultan Abdullah Sultan Ahmad Shah’s decision not to declare an emergency is a major relief to the market as such a declaration would shake the confidence of consumers, businesses and investors in the country.
PETALING JAYA: Like other sectors facing the brunt of the ravaging Covid-19, the consumer products sector is also one that has been impacted. Analysts expect to see recovery in the sector by next year with the Covid-19 vaccine hitting the market.