KUALA LUMPUR, May 29 — Bursa Malaysia retreated from yesterday's gains to open slightly lower this morning dampened by selling in the index-linked counters amid mixed market sentiment.
KUALA LUMPUR, May 28 — The retail and office space sectors are among the notable casualties of Covid-19 pandemic as people adapt to the new norm of online shopping and working from home that had deteriorated demand and value for both sectors in the short term.
KUALA LUMPUR, May 28 — Malaysia has successfully chaired the Asia-Pacific Economic Cooperation (Apec) Virtual Extraordinary Senior Officials’ Meeting (Vesom) on Covid-19, in a four-hour meeting which began 7 pm Malaysian time yesterday.
KUALA LUMPUR, May 28 — Bursa Malaysia extended yesterday’s upward momentum to opened higher this morning amid positive market sentiment with buying spotted in the selected index-linked counters and small capitalisation stocks.
NEW YORK, May 27 — Asian shares shed some of their recent gains today as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy.
KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure to coronavirus disruptions, up from 20 per cent in March, as the effects of the pandemic on companies' credit quality have become more apparent.
KUALA LUMPUR, May 24 — Foreign investors continued to exit Bursa Malaysia for the May 18 to 21 periods, recording a total net outflow of RM394.34 million, as the country entered the third week of its conditional movement control order (CMCO) enforcement amidst the Covid-19 pandemic.
KUALA LUMPUR, May 23 — Consumer behaviour has possibly changed due to the Covid-19 pandemic, making the new normal permanent — something retailers need to prepare for to help the economy recover.
KUALA LUMPUR, May 22 — The Leading Indicator (LI) for March 2020 recorded its largest monthly drop since November 1991, following the imposition of a two-week movement control order (MCO) beginning on March 18 to curb the spread of Covid-19.
KUALA LUMPUR, May 21 — The ringgit regained some of its lost ground yesterday to trade higher against the US dollar in the early session today, as lack of fresh leads kept investors away from the safe-haven currencies, dealers said.
KUALA LUMPUR, May 20 — Bursa Malaysia opened higher today continuing five consecutive days of rallies, tracking the positive momentum of regional stock markets.
KUALA LUMPUR, May 19 — Bursa Malaysia opened higher today, riding the waves of higher crude oil prices along with Wall Street's overnight positive sentiment on hopes for a potential vaccine against Covid-19.
KUALA LUMPUR, May 19 — The ringgit rebounded from yesterday’s losses to trade higher against the US dollar at the early session today as a positive outlook on the global economy shifted investors’ interest towards riskier appetite, including ringgit, dealers said.
KUALA LUMPUR, May 18 — The ringgit extended its decline against the US dollar at the close today amid higher optimism over businesses reopening across major economies as well as firmer West Texas Intermediate (WTI) oil prices.
KUALA LUMPUR, May 18 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
KUALA LUMPUR, May 18 — Bursa Malaysia starts the week on a positive note, tracking Wall Street’s higher closing last Friday amidst the recovery in crude oil prices.
KUALA LUMPUR, May 15 — The ringgit eased in the morning session against the US dollar on lack of buying interest.
KUALA LUMPUR, May 14 — The ringgit gave up yesterday's gains to open slightly lower against the US dollar this morning due to stronger greenback.
KUALA LUMPUR, May 14 — The government will be implementing a short- and medium-term economic recovery plan to rejuvenate the country’s economic growth soon, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, May 13 — Malaysia's economic activity is expected to gradually improve in the second half of the year (2H 2020) after Covid-19 containment measures are eased and the domestic movement control order (MCO) is lifted, said Bank Negara Malaysia (BNM).
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