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Khairy to submit TN50 Youth Aspiration Report next month

4h themalaymailonline
Youth and Sports Minister Khairy Jamaluddin speaks at the launch of Sime Darby's ‘City of Elmina — Townships of the Future (A TN50 Aspiration)’ in Kuala Lumpur January 16, 2018. ― Picture by Mukhriz HazimSHAH ALAM, Jan 16 — The Youth and Sports Ministry will submit the TN50 Youth Aspiration Report to the Prime Minister's office latest by next month, said its minister Khairy Jamaluddin. (5-0)

Malaysian equities may gain from China partnerships, Citi says

Chinese carmaker Zhejiang Geely Holdings Group’s venture into Proton Holdings Bhd is a great example of China’s One Belt, One Road (OBOR) initiative. (8-0)

Asian markets up on weak US$, foreign funds flow into Bursa

The ringgit yesterday strengthened to its strongest level in 18 months at 3.9555 against the US dollar. The local currency has gained about 2.3% against the greenback so far this year. (9-0)

Foreign funds continue to flow into Bursa

KUALA LUMPUR: Global funds continue to increase their holdings in stocks listed on Bursa for the third uninterrupted week, according to MIDF Research. (9-0)

Vertice Bhd involved in Penang tunnel project because of diversification, local councillor tells MCA

2018-01-14 themalaymailonline
Wee questioned yesterday why a local fashion company was majority owner of the special purpose vehicle formed for the RM6.3 billion Penang undersea tunnel project. — Picture by Choo Choy MayKUALA LUMPUR, Jan 14 — Vertice Bhd, formerly known as Voir Holdings Bhd, is a shareholder in the Penang undersea tunnel project because it has diversified from fashion, a municipal councillor told MCA deputy president Datuk Seri Wee Ka Siong today. (5-0)

Foreign funds pumping liquidity into M'sian stock

KUALA LUMPUR: Foreign investors continued to pump liquidity into stocks listed on Bursa Malaysia in the first week of 2018. (10-0)

Strong ringgit, strong fundamentals

2018-01-05 themalaymailonline
Malaysia continues to rake in good economic numbers, bolstered by rising oil prices, with analysts and international organisations agreeing that GDP growth will trend above the five per cent level. — Picture by Ahmad ZamzahuriKUALA LUMPUR, Jan 6 — The strengthening of the ringgit against the US dollar to break the psychologically significant 4.0 level to US$3.99 — a 16-year high — is testimony to the strength of the Malaysian economy. (15-0)

Bursa ends morning session firmer

2018-01-05 themalaymailonline
At 12.30pm, the key FTSE Bursa Malaysia KLCI (FBM KLCI) was 10.6 points higher at 1,814.05 from yesterday’s close of 1,803.45. — Reuters picKUALA LUMPUR, Jan 5 — Persistent buying momentum lent support towards Bursa Malaysia ending the morning session firmer, with the composite index (CI) staying above the 1,800-level throughout the session and amid a stronger ringgit, dealers said. (14-0)

KLCI surges past 1,800 points

Hong Leong Investment Bank (HLIB) Research expects the FBM KLCI to end the year at 1,880 points. “We expect the incumbent Barisan Nasional to remain in government, which should be positive for the market, especially if the coalition regains two-thirds majority," it said. (11-0)

Asia Stocks Set for New Record High as Japan Reopens to Catch Up - Bloomberg

2018-01-04 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (5-0)

Bursa ends firmer on buying momentum

2018-01-04 themalaymailonline
KUALA LUMPUR, Jan 4 — Persistent buying momentum amid positive market sentiment globally pushed Bursa Malaysia to end on a firm note today, with the Composite Index (CI) finished at an intra-day high, which was also the highest in almost three years. (9-0)

Bursa continues upward momentum

2018-01-04 themalaymailonline
A dealer said the overnight Wall Street close on upbeat US factory data that underpinned growing investor confidence in global growth. — Reuters picKUALA LUMPUR, Jan 4 — Bursa Malaysia continued its upward momentum this morning with the Composite Index at more than two-year high (31 month-high) and near the 1,800-level on strong interests boosted by positive global market sentiment, dealers said. (13-0)

Bursa firmer in afternoon trading

2018-01-03 themalaymailonline
The overall market breadth was bullish with 711 losers against 300 gainers, while 342 counters were unchanged, 458 untraded and 19 others suspended. — Reuters picKUALA LUMPUR, Jan 3 — Bursa Malaysia resumed the afternoon session higher across the board, extending earlier gains on persistent buying momentum with the benchmark Composite Index (CI) moving above the 1,790 level. (18-0)

Bursa broadly higher at mid-morning

2018-01-03 themalaymailonline
Buying momentum on Bursa Malaysia was stronger, reflected by a higher turnover of 2.26 billion shares worth RM1.14 billion. — Malay Mail picKUALA LUMPUR, Jan 3 — Bursa Malaysia was broadly higher at mid-morning today, with the benchmark Composite Index moving closer to the 1,800-level, spurred by positive market sentiment, with buying mostly spotted in bluechips led by Sime Darby, Petronas Chemicals and Tenaga. (13-0)