MR DIY rises as much as 5.65% upon being added to SC’s Shariah-compliant securities list
KUALA LUMPUR (Nov 30): MR DIY Group (M) Bhd stocks rose as much as 5.65% or 14 sen to RM2.62, after it was added to…
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KLCI rises, gains more than 140 points for November
KUALA LUMPUR (Nov 30): The main index of Bursa Malaysia rose in the mid-morning today, and was already up more than 140 points for November. At 10am,…
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Hong Leong Bank and CIMB diverge on Bursa as investors react to latest results
KUALA LUMPUR (Nov 30): CIMB Group Holdings Bhd and Hong Leong Bank Bhd (HLB) were at opposite ends of the spectrum this morning, with the…
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Top Glove reaffirms commitment to working with authorities to resolve workers' housing issue
KUALA LUMPUR (Nov 30): Top Glove Corp Bhd reaffirmed today its commitment to working with the authorities to resolve its workers’ housing issues in compliance with the Workers’ Minimum…
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Australian Dollar Technical Outlook: 2020 High Within Striking Distance, More to Go?
The Australian Dollar continues to drive higher on improved market sentiment. AUD/USD is quickly approaching its 2020 high. Bearish RSI divergence from the prior high has formed, but bulls look to …
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US Dollar Outlook: USD Threatens Major Price Collapse – DXY Levels
Dollar Index has broken major uptrend support and risks accelerated losses into the December open. Here are the levels that matter on the DXY weekly technical chart.
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Dewan Rakyat sitting extended by two days
KUALA LUMPUR (Nov 28): The sitting of the Dewan Rakyat for the Third Meeting, Third Term of the 14th Parliament has been increased by two days making the…
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Muhyiddin: Relations among PN parties to be strengthened for GE15
KUALA LUMPUR (Nov 28): Relations and cooperation among parties in the Perikatan Nasional (PN) government will be further strengthened, especially to face the 15th general election (GE15),…
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Top Glove: Exercise to improve workers’ living conditions to be completed by December
KUALA LUMPUR (Nov 28): Top Glove Corp Bhd said an exercise to further improve the company’s workers’ living conditions, which began in July, is expected to be…
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Tengku Zafrul: Govt to ensure Malaysia remains attractive for foreign, domestic direct investment
KUALA LUMPUR (Nov 28): The government will ensure that Malaysia continues to be a choice destination for foreign direct investment (FDI) and domestic direct investment (DDI). “Investment…
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Covid-19: 30% of Malaysians expected to be vaccinated next year
KUALA LUMPUR (Nov 28): A total of 9.6 million people or 30% of Malaysia’s population are expected to be vaccinated against Covid-19 next year, said Prime Minister Tan…
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Malaysia’s agreement with Pfizer void if Covid-19 vaccine fails to be registered with FDA, NPRA — health DG
KUALA LUMPUR (Nov 28): Malaysia’s preliminary purchasing agreement with pharmaceutical company Pfizer will be void if the latter’s Covid-19 vaccine fails to be registered with…
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Covid-19: Malaysia reports 1,315 new cases, four deaths today
KUALA LUMPUR (Nov 28): Malaysia reported today four Covid-19-related deaths and 1,315 new confirmed cases of the coronavirus, health director-general (DG) Tan Sri Dr Noor Hisham Abdullah…
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Health DG visits Jalan Teratai EMCO area, says new PKRC open in Kinta
IPOH (Nov 28): A new Low Risk Covid-19 Quarantine and Treatment Centre (PKRC) is opened at the Arena Badminton in Kinta District, here today, said health director-general (DG) Tan Sri Dr…
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These penny stocks put investors on roller-coaster rides
KUALA LUMPUR (Nov 28): High risk, high return — the investing rule of thumb. But investors who have the stomach for high investment risk to…
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Six new clusters identified, with four in Sabah — health DG
KUALA LUMPUR (Nov 28): The Ministry of Health (MoH) has identified six new Covid-19 clusters today, with four in Sabah and one each in Selangor…
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XE Market Analysis: Europe – Nov 27, 2020
Narrow ranges have been prevailing in risk-cautious trading. The DXY dollar index settled around the 92.00 level, above yesterday’s 12-week low at 91.84. EUR-USD remained buoyant but off from the 12-day peak seen yesterday at 1.1942. Cable also held within its Thursday range. USD-JPY ebbed to a four-day low at 103.91. The yen was concurrently […]
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XE Market Analysis: North America – Nov 27, 2020
Narrow ranges have been prevailing in risk-cautious trading. The DXY dollar index settled around the 92.00 level, above yesterday’s 12-week low at 91.84. EUR-USD remained buoyant but off from the 12-day peak seen yesterday at 1.1942. Cable also held within its Thursday range. USD-JPY ebbed to a four-day low at 103.91. The yen was concurrently […]
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XE Market Analysis: Asia – Nov 27, 2020
The Dollar was lower overall in N.Y. trade on Friday, seeing the DXY fall to three-month lows, and within 2 points of printing a 2.5 year low. The was no U.S. data to end the week, and the session was relatively quiet overall, as many U.S. participants remained out following Thursday’s Thanksgiving holiday. Wall Street […]
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