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KUALA LUMPUR: The market sentiment on the domestic market continued to sour at Monday's opening bell with the key FBM KLCI failing to rebound after six straight sessions of declines.
LONDON: Britain’s supply-chain crisis, spiraling energy costs and limp economy are taking a toll on investor sentiment.
MUMBAI: A pullback in domestic prices failed to revive physical gold demand in India this week, with jewellers banking on the upcoming wedding and festive season, while top consumer China saw an uptick in buying.
PETALING JAYA: Bermaz Auto Bhd (BAuto) may be experiencing an earnings growth delay following the effects of the Covid-19 pandemic on its financial result
NEW YORK,: Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.
KUALA LUMPUR: Bursa Malaysia saw a follow through selling pressure on Friday, pushing the benchmark index lower.
HONG KONG: Asian shares steadied on Friday after losses earlier in the week, but China jitters and global growth concerns weighed on investors' minds, while the dollar sat near a three-week high.
Czech carmaker Skoda Auto, part of the Volkswagen group, will halt production at two domestic plants for a week at the end of September due to chip shortages, the company said
PETALING JAYA: With the reopening of more economic sectors, earnings of listed companies are expected to recover notwithstanding the short-term impact on bank earnings as the government seeks interest rate exemptions for the bottom 50% in the fourth quarter.