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LONDON: EasyJet Plc is seeing a stronger than anticipated rebound in passenger demand following the lifting of lockdowns, prompting it to accelerate the addition of flights
KUALA LUMPUR: Foreign funds selling of local equity extended to 24th straight week, but at a slower pace of RM226.1mil last week from RM910.2mil in the prior week, according to MIDF Research.
DURING a prolonged economic crisis, Malaysian small and medium enterprises (SMEs) are likely more vulnerable to an economic downturn due to their limited financial capabilities and high-dependence on banks’ credit compared to larger firms.
RISK appetite improves after the US Federal Reserve vows to support the virus-battered economy, sending the dollar to a two-year low of 93.39, down 1.11% week-on-week (w/w).
PARIS: Europe’s Airbus announced a new cut in production of its marquee A350 jet as it swung to a larger-than-expected second-quarter loss in the face of global pandemic.
KUALA LUMPUR: Top Glove Corporation Bhd’s share price rally in the week ended July 24 was underpinned by net money inflow of RM22.25mil, according to MIDF Research.
KUALA LUMPUR: Foreign funds remained net sellers at Bursa Malaysia in the week ended July 24 at net RM910.2mil, which was the 23rd consecutive week of foreign net selling, MIDF Research says.
KUALA LUMPUR: International investors continued to dispose of local equities from Monday to Thursday last week but the value shrank to RM567.3mil from the RM906mil net disposed of between Monday and Friday in the preceding week.