KLCI rises 0.69% as region extends recovery
KUALA LUMPUR (Feb 19): The FBM KLCI rose 0.69% at mid-morning today in line with the extending recovery at most regional markets. At 10am, the FBM…
KUALA LUMPUR (Feb 19): The FBM KLCI rose 0.69% at mid-morning today in line with the extending recovery at most regional markets. At 10am, the FBM…
KUALA LUMPUR (Feb 19): The FBM KLCI rose 0.23% in early this morning, lifted by select blue chips on resuming trade after the extended weekend…
KUALA LUMPUR (Feb 19): The semiconductor sector is expected to record an 8% net profit growth in 2018 on higher radio frequency (RF) component shipment…
KUALA LUMPUR (Feb 19): Foreign investors returned to Bursa Malaysia last week after the huge sell off totaling RM1.75 billion in the preceding week, and…
(Feb 19): Higher yields, buoyant economies, and a slower pace of rate increases in Asia suggest that sovereign debt in the region will outperform Treasuries,…
KUALA LUMPUR (Feb 19): The FBM KLCI advanced 0.87% at midday break today, in line with the uptrend at regional markets. The broader market performance at…
(Feb 19): A spate of enbloc sales, coupled with a rebound in the property market at the start of the year, may indicate that Singapore…
KUALA LUMPUR (Feb 19): theedgemarkets.com highlighted four stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed two with positive momentum and two with negative momentum. Stocks with positive momentum were: PUC Bhd – up 2 sen at 28…
January data this week included very positive housing permits and starts, as well as very positive consumer confidence as measured by the U. of Michigan. Industrial production and capacity utilization were negative, as were retail sales. Consumer prices increased a significant +0.5%, and producer prices increased significantly as well.
(Feb 17): Uber is preparing to sell its Southeast Asia business to Singapore’s Grab in exchange for a sizable stake in the company, according to…
Another day, another decline in the dollar, which logged a new 38-month low versus the euro, at 1.2554, and a 15-month low against the yen, at 105.54. The USD index (DXY) is down by 0.3%, 88.37, earlier clocking a 37-month low at 88.33. The greenback has also seen fresh lows against most newly developed and […]
The dollar has lifted out of new lows were seen in Tokyo. The USD index (DXY) is now showing a fractional 0.1% gain after showing a 0.3% decline at the lows. The index left a 37-month low at 88.26, and is presently trading at 88.70. EUR-USD tipped nearly 80 pips from the the 38-month high […]