KUALA LUMPUR (Oct 16): Interest in small-cap stocks dominated trading on Bursa Malaysia today. Trading volume swelled to 8.71 billion — the highest level since Sept…
KUALA LUMPUR (Oct 16): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Oct 19) include: Mah Sing…
EVENING 5: Mr DIY’s retail shares just oversubscribed 1. Main Market-bound Mr DIY Group (M) Bhd, Bursa Malaysia’s biggest listing of the past three…
KUALA LUMPUR (Oct 16): Against the backdrop of resurgence of COVID-19 cases, the climb on Malaysian rubber glove stocks is regaining momentum. That the rubber glove…
A decline in the Australian dollar interrupted any otherwise directionally limited phase in currency markets. RBA Governor Lowe, in a speech, signalled that a cut in the cash rate to 0.1% and an easing in the 3-year yield target, along with a rise in longer dated government bonds, are on the cards. This cemented market […]
The dollar and yen have been in demand again as safe haven currencies, while the Australian, along with the the pound and euro, to lessening degrees of magnitude, have been the principal weakening currencies so far today. European stock markets are down heavily, the STOXX 600 index by over 2%, and the S&P E-mini is […]
The Dollar firmed up overnight and retained a bid tone Through the N.Y. session on Thursday. Risk-off conditions prevailed, resulting in safe-haven USD buying. Surging Covid cases in many parts of the globe, along with fading hopes for new stimulus and uncertainty over the U.S. November election saw equities drop around the world. Wall Street […]
There have been mixed direction themes so far today, with the dollar ebbing back after earlier posting fresh highs against many currencies, while the pound dropped quite sharply and then rebounded quite sharply, buffeted by Brexit endgame dramas. EUR-USD lifted back toward the mid 1.1700s after posting a nine-day low at 1.1719. The euro was […]
The pound is under pressure, and is showing about a 0.5% decline on the day so far against the dollar and yen, and about a 0.4% decline versus the euro. It’s the eve of the EU summit. Boris Johnson said that the “shape” of a deal must be visible by tomorrow, which is a deadline […]
The Dollar headed lower into the open, and through late morning, as modest risk-on conditions prevailed. Wall Street opened with small gains, though ultimately turned fairly sharply lower on myriad concerns, including rising Covid cases, uncertainty over the economic outlook, the U.S. election and mixed earnings reports. The resulted in the USD rallying on the […]
KUALA LUMPUR (Oct 14): Taking a cue from the overnight declines at Wall Street, the FBM KLCI slipped 0.13% or 1.95 points to close at…
KUALA LUMPUR (Oct 14): The Conditional Movement Control Order (CMCO) standard operating procedure (SOP) for the mukim (sub-district) of Klang as announced earlier has been…