No easy passage for the bulls


REVIEW: Share prices on Bursa Malaysia kicked off the week on a firmer platform, with the benchmark FBM Kuala Lumpur Composite Index (FBM KLCI) rebounding 2.89 points, or 0.19% to 1,493.53 on bargain hunting interest.

The overall underlying sentiment was positive in early business, as investors found some encouragement from the weekend meeting of the Group of 20 major economies after they agreed to shun competitive currency devaluations, prompting expectations that the greenback would grow weaker, thus stoking appetite for emerging market stocks.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

CLMT’s Elmina property acquisition a positive
Airfares surge in Vietnam ahead of crucial Lunar New Year holiday
Singapore in race to get ahead of Donald Trump’s proposed tariffs
Cloudpoint in RM34mil contract win
Yinson to benefit from tie-up with Murphy Oil
Cost of living indicator to enhance targeted subsidy
Higher production capacity to buoy Spritzer showing
First-mover advantage for M’sia in joining BRICS
Strong outlook for Datasonic on attractive valuation
Radium buys Selangor land for RM45mil

Others Also Read