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OTTAWA, Jan. 18 (Xinhua) -- Foreign investors bought Canadian securities valued at 11.8 billion Canadian dollars (about 9.25 billion U.S. dollars) in November 2020, according to Statistics Canada on Monday.
KUALA LUMPUR: Foreign investors changed course by turning to be net buyers to the tune of RM326.06mil last week against net selling of RM337.02mil in the previous week.
THE dollar found support from expectations of a continued economic recovery in the United States amid countries in Europe resorting to lockdowns to fend off a second Covid-19 wave; and expectations of higher government spending under the Biden administration – after a plunge in payrolls in December raised the prospect of more federal spending to aid the coronavirus-battered economy.
(Reuters) - Chipmaker Intel Corp said on Wednesday it would replace Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger beginning Feb. 15.
PETALING JAYA: The downside risk, especially for glove stocks, is likely minimal because of the limited room for short-selling activities, as well as the spike in the number of Covid-19 infections.
KUALA LUMPUR: Foreign funds were back in selling mode, disposing of RM337.02mil net of local equities last week, according to MIDF Research.
THE dollar started the year on a softer footing, continuing its depreciation trend from 2020 and briefly touching a 32-month low.
Stronger corporate earnings and ringgit key to renew foreign interest in the local bourse