The FBM KLCI slid lower to the 1,200 help on Thursday as financial specialists proceeded with their mass migration from values to more secure ground. Regardless of reports of mammoth boost bundles from the world’s significant national banks, financial specialists were not convinced to remain put resources into light of the compounding coronavirus circumstance. Markets […]
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The FBM KLCI lost 2.76% at the early afternoon cushion pair with the fall all things considered provincial markets, as worldwide values were annoyed in spite of a crisis move by the US Federal Reserve (Fed) to cut rates. Be that as it may, the nearby benchmark record recaptured some lost ground and mauled back […]
Continue ReadingThe medium-term tumble on Wall Street sent key Asian markets and Bursa into the red early Thursday over the spreading aftermath from the Covid-19 corona virus all around. At 9.12am, the FBM KLCI was down 14.23 focuses or 1% to 1,429.60. Turnover was 361.51 million offers esteemed at RM173.90mil. There were 97 gainers, 432 washouts […]
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The purchasing enthusiasm around the single money stays solid on Friday with financial specialists selling hazard for places of refuge on reports expressing the coronavirus is resembling a worldwide pandemic. EUR/USD is at present exchanging close to 1.1234, having hit a seven-month high of 1.1249. Place of refuge Euro The basic cash is drawing sanctuary […]
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The aggregate of a slowing economy, Covid-19 coronavirus, weak ringgit and 10% slide in the FBM KLCI took a toll on Malaysia’s 50 richest, according to Forbes 50 Malaysia’s Richest list. “Their collective net really worth is US$79bil, down 7% from a yr ago. (The shock resignation of Prime Minister Mahathir in late February took […]
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The FBM KLCI opened on a sharp rebound as it sought to retrace the losses of the previous consultation amid postive vibes over anticipated policy stimulus a few of the world’s key significant banks. At 9.05am, the index became up 13.75 points to 1,480.68, simply two points shy of erasing yesterday’s decline. Trading quantity become […]
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