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AFTER registering a historical high of 1,670.16, the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its rally this week on further improvement in the external environment as well as support from banking stocks.
PETALING JAYA: The equity capital market (ECM) saw one of its slowest years in 2016, with no major initial public offerings (IPO) taking place. This, in turn, could suggest a cloudy outlook for 2017.
LONDON: Global equity raising fell by more than a quarter in 2016, data showed on Friday, hit by geopolitical shocks and a string of failed initial public offerings (IPOs), with the outlook for 2017 looking shaky
BANGKOK: Most Southeast Asian stock markets fell on Monday, in line with weak local currencies, as expectations of the U.S. Fed's lift off in December and China's weak exports data hit risk appetite. Singapore fell 0.4 percent while Malaysia was little changed. Both markets will be closed on Tuesday for a holiday.
KUALA LUMPUR: Sime Darby Plantation Sdn Bhd, a subsidiary of Sime Darby Bhd has shorten the acceptance period for its acquisition of New Britain Palm Oil Ltd (NBPOL).