Upward momentum seen for Bursa in the week ahead
KUALA LUMPUR (Nov 28): After a volatile trading week due to the Budget 2021 Parliament voting that had caused market jitters, Bursa Malaysia is poised for an…
KUALA LUMPUR (Nov 28): After a volatile trading week due to the Budget 2021 Parliament voting that had caused market jitters, Bursa Malaysia is poised for an…
The dollar has remained soft. Although risk appetite has waned in global markets, it hasn’t been sufficient to warrant safe haven positioning, which would have put the U.S. currency in demand. Worse than expected U.S. jobless claims caught attention, despite strong durable orders and home sales data, given the course to more Covid-related restrictions in […]
The dollar has remained soft in quiet conditions, while global asset markets have seen little direction. The U.S. Thanksgiving holiday has quelled activity. Europe’s Stoxx 600 traded near flat. Most stock markets in Asia gained, though remained off recent highs. The MSCI World Index is also off its highs, but remained buoyant and on course […]
BRUSSELS (Nov 27): European Union assessments of whether to grant market access for UK banks and other financial firms will not be completed in time…
LONDON (Nov 27): Global stocks held near record highs on Thursday, as recent vaccine progress, Joe Biden’s U.S. presidential election victory and hopes for further…
(Nov 27): Amazon.com Inc said on Thursday it would spend more than $500 million on one-time bonuses for its front-line employees in the United States…
(Nov 27): Trading volume, even in hot areas such as tech stocks, notoriously dip in the days ahead of the U.S. Thanksgiving holiday. Not this…
KUALA LUMPUR (Nov 27): Shares on the local bourse continued yesterday’s momentum to open higher today, driven by strong demand from both local and international investors. At…
KUALA LUMPUR (Nov 27): The ringgit opened little changed against the US dollar today, after closing broadly higher yesterday, on positive sentiment brought by the approval of Budget…
KUALA LUMPUR (Nov 27): Hengyuan Refinery Company Bhd jumped as high as 9.2% or 32 sen to reach RM3.79 in morning trade today after reporting…
KUALA LUMPUR (Nov 27): YTL Power International Bhd recorded an improved net profit of RM76.88 million for the first quarter ended Sept 30, 2020 (1QFY21) from RM67.35 million for the…
WASHINGTON/REHOBOTH BEACH, Del. (Nov 26): U.S. President Donald Trump said on Thursday he will leave the White House if the Electoral College votes for President-elect Joe…