Healthcare, construction, tech stocks seen to be on uptrend on higher development expenditure
KUALA LUMPUR (Nov 27): Local stocks showed an upward momentum as Budget 2021 was passed with a voice vote at the policy stage in Parliament yesterday…
KUALA LUMPUR (Nov 27): Local stocks showed an upward momentum as Budget 2021 was passed with a voice vote at the policy stage in Parliament yesterday…
The dollar and yen firmed up and the dollar bloc and other cyclical currencies turned lower as stock markets in Europe drifted lower after a mixed session across Asian markets. Commodities also came off the boil, with copper prices, for instance, turning negative on the day after posting a near seven-year high. Oil prices also […]
The dollar retained a softening bias while the dollar bloc and other commodity and cyclical currencies retained a firming bias, although momentum flagged somewhat during the course of trading, into the open of European interbank markets. While the MSCI World Index yesterday clocked a fresh record high, the mood in Asian stock markets has been […]
The Dollar was mostly lower in N.Y. on Wednesday, resulting in a fresh three-month low for the DXY. The index touched 91.92 lows, levels last seen on September 1. A barrage of incoming U.S. data was mixed, though overall weighed some on the Greenback. Revised GDP was unchanged from its initial print, while initial jobless […]
NEW YORK (Nov 26): Stocks edged back from record highs on Wednesday as Wall Street bumped up against underwhelming economic data, while oil continued to…
(Nov 26): Chancellor Angela Merkel extended a partial lockdown for at least three weeks to just before Christmas as Germany struggles to regain control of…
(Nov 26): If you traded a stock in the past week, there’s a fair chance it was Tesla. Shares in the electric car maker led by…
WASHINGTON (Nov 26): Major U.S. banks on Wednesday pushed back on a proposal to bar them from snubbing controversial business sectors, such as oil and…
KUALA LUMPUR (Nov 25): Economists are keeping their target of a 1% contraction in inflation for 2020, after consumer prices in October fell for the…
KUALA LUMPUR (Nov 26): The crucial vote on Budget 2021 is scheduled for today in the Dewan Rakyat amid uncertainty as to whether it will…
KUALA LUMPUR (Nov 26): The main index of Bursa Malaysia reversed its earlier loss and climbed in the mid-morning as index-linked glove makers lifted against a backdrop…
KUALA LUMPUR (Nov 26): Top Glove Corp Bhd’s share price jumped more than 4% in morning trade on Bursa Malaysia today after the glove maker’s executive…