Market News & Events

 

Market News & Events

We will update you with the latest information on events or seminars organised by us, Bursa and other related organizer that will benefit you.

09 Mar

Asian markets collapse as Covid-19 spreads, oil prices crash

HONG KONG: Equity markets collapsed on Monday as the rapidly spreading Covid-19 coronavirus fans fears over the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering.
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09 Mar

KLCI dives 3.02% as markets slump amid global rout

KUALA LUMPUR (March 9): The FBM KLCI dived 3.02% at the midday break today as regional markets slumped amid a global equity rout, precipitated by fears of global economic downturn as the coronavirus spread across more countries while crude oil prices plunged more than 30%.
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09 Mar

Bursa Malaysia plunges 2.28pct at Opening

KUALA LUMPUR: Bursa Malaysia opened sharply lower across the board on Monday on selling pressure after the global benchmark, Brent crude oil, plunged 20.63 per cent to US$35.93 per barrel following the collapse of an oil supply agreement between oil cartel OPEC and Russia.
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09 Mar

Ringgit falls against all major currencies

KUALA LUMPUR: The ringgit extended last week’s losses to trade lower against the US dollar in today’s early session as investors shifted interest towards safe-haven currencies due to worries over the Covid-19 outbreak and weakening global oil prices, dealers said.
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02 Mar

Mr DIY weighs Malaysian IPO delay after political turmoil

SINGAPORE (March 2): Mr DIY Group, Malaysia’s biggest home improvement retailer, is considering postponing its planned initial public offering after the country’s equities market tumbled on political uncertainty, according to people familiar with the matter.
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02 Mar

Shares of e-govt service providers continue to rally ahead of potential contract wins

KUALA LUMPUR (March 2): Counters of e-government service providers continue to rally today ahead of possible contract wins.
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28 Feb

S&P falls for 7th day, suffers biggest weekly plunge since 2008 crisis

New York (Feb 28): The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could push the economy into recession, although stocks regained some ground right at the end of a volatile session.
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28 Feb

Wall St bounce too little, too late as world stocks post shock weekly decline

NEW YORK (Feb 28): Coronavirus panic sent world stock markets tumbling again on Friday, with an index of global stocks setting its largest weekly fall since the 2008 global financial crisis, and over $5 trillion wiped from global market value this week.
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26 Feb

Kossan rises 1.88% on positive technical outlook

KUALA LUMPUR (Feb 26): Shares in Kossan Rubber Industries Bhd rose 1.88% at mid-morning today following a positive technical outlook on the stock.
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