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PETALING JAYA: Construction counters have been in hibernation mode at least since June, with little or flattish movements in prices since the slight rebound from the March 19 plunge.
KUALA LUMPUR: Bursa Malaysia's FBM KLCI closed off the day's low on Thursday on some buying of key index stocks but concerns about the political environment were not quick to go away.
HONG KONG/BEIJING: China's foreign ministry branch in Hong Kong dismissed concerns that its proposed national security laws for the city would harm foreign investors, hitting back at "meddling" countries as Beijing's ties with Washington soured further.
KUALA LUMPUR: Bursa Malaysia is expected to continue its upward momentum, erasing the losses recorded in earlier weeks.
PETALING JAYA: Ongoing worries over the economic fallout from the Covid-19 outbreak and a plunge in global crude oil prices hammered asset classes in Malaysia with the stock and the palm oil markets landing body blows from the global rout.
DUBAI: With the world in the grip of one of the biggest risk sell-offs since the 2008 global financial crisis, more coronavirus-fueled declines in emerging markets may only be tempered by the prospect of coordinated central bank action or even large fiscal stimulus.
KUALA LUMPUR: The ringgit is expected to remain on the weaker side of 4.20 versus the US dollar next week amid a lack of positive catalysts.
MALAYSIA is the latest country to announce a stimulus package in response to the coronavirus (Covid-19) outbreak’s impact on the economy.
LONDON (Bloomberg): The scale of February’s moves have few precedents, and everyone involved is going to have stories to tell.
PETALING JAYA: Malaysia’s current political crisis has thrown a spanner in the works for the country’s construction sector, which is slated for the rollout of several mega projects in the coming months.