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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Gold futures contracts on Bursa Malaysia Derivatives endured the uptrend to shut greater the previous day monitoring gains on New York Commodity Exchange (COMEX) gold futures. At the close, August 2014, September 2014, October 2014 and November 2014 delivered 25 ticks every to close at RM136.20, RM136.40, RM136.90 and RM137.20 a gramme respectively. Open positions […]
Continue ReadingThe double whammy of political uncertainties after the collapse of the Pakatan Harapan government and the Covid-19 threat saw Bursa Malaysia notching losses in early Wednesday trade. At 9.18am, the FBM KLCI had fallen 6.44 points or 0.43% to 1,494.44. Turnover was 475.03 million shares valued at RM229.56mil. There were 139 gainers, 325 losers and […]
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