KUALA LUMPUR, May 3 — Foreign investors were net sellers in the local equity market during the shortened trading week, but total net outflow narrowed to RM212 million in the April 27-29 period compared with RM689.95 million for April 20-22. Bank Islam Malaysia Bhd...
Local institutions recorded RM36.22 million worth of net buying during April 27-29, compared with a net buying of RM279.17 million a week earlier. ― Picture by Hari Anggara
“As such, the output loss should gradually dissipate when economic activities return to normalcy,” he told Bernama. The FTSE Bursa Malaysia KLCI closed at 1,407.8 points on Thursday, higher by 37.9 points compared with the 1,369.9 points recorded at the end of trading the previous Friday . “We believe most economists are expecting reduction in the policy rate by between 25 and 50 basis points in the upcoming meeting.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
French car market plummets 88.8pc in April | Malay MailPARIS, May 1 — New car sales in France plunged 88.8 per cent in April as the country’s coronavirus lockdown brought auto sales to a screeching halt, industry figures showed Friday. The drop was even steeper than the 72-per cent contraction seen the previous month, when all non-essential...
Read more »
Survey: Virus send US manufacturing plunging in April | Malay MailWASHINGTON, May 1 — The coronavirus pandemic caused manufacturing activity in the United States to post a historic decline in April, according to an industry survey today, and it may stay depressed for some time. The plunge in the Institute for Supply Management’s (ISM) manufacturing survey was...
Read more »
After April gains, pound slips as Brexit, economy weigh | Malay MailLONDON, May 1 — Sterling slipped against the dollar today, as stalled Brexit talks and further signs of damage to Britain’s economy from the coronavirus pandemic took some shine off the currency’s gains in April. A source close to Britain’s negotiating team said the country was confident it...
Read more »
Boeing raising US$25b in bonds, says not seeking US government funds now | Malay MailNEW YORK, May 1 — Boeing said yesterday it does not plan to seek US government support now after receiving strong interest from the bond market for a US$25 billion (RM107.4 billion) public offering. The aviation giant, which has been badly hit by the devastating impact of coronavirus shutdowns on...
Read more »
Ron Arad creates a series of masks to raise funds for the British NHS | Malay Mail LONDON, May 2 — The London-based designer has created a range of masks printed with portraits of famous artists and writers including Shakespeare and Picasso. London-based designer Ron Arad has launched the Smile for our NHS fundraiser with a series of masks decorated with the smiles...
Read more »
Thailand to allow alcohol sales after three-week ban | Malay MailBANGKOK, May 1 — Thailand will end a ban on the sale of alcohol on Sunday when it lifts other restrictions following progress in containing the coronavirus outbreak, two officials said late on Friday. The ban has been in effect since April 10 in a bid to discourage social gatherings. “The new...
Read more »