However, the collapse of Lehman Brothers and Merrill
Lynch will affect investor sentiment and inevitably Malaysian stock
market valuations, says JP Morgan
Analysts said Malaysia was unlikely to be impacted in a big way by the
collapse of two venerable Wall Street institutions, Lehman Brothers and
Merrill Lynch.
Both firms were victims of the sub-prime crisis in the United States.
“I […]
Up to RM4 billion of FDI is expected to come from the Middle East,
South Korea, Hong Kong, China and Taiwan, and is for land acquisitions
in the growth corridors.
The recent downtrend on crude palm oil (CPO) price sparked heavy selling on the plantation stocks on Bursa Malaysia despite analysts’ bullish view on the sector.
The aggressive selling, which is believed to be mainly from foreign fund managers, was compounded by the political uncertainties that had dampened the market sentiment, said analysts.
The sharp […]
Fund manager as saying financial institutions could face challenges in issuing ringgit bonds, as they were difficult to trade outside the government bond market.
Additionally, the dollar-ringgit swap market had increased in volatility in the past few weeks with a 100 basis-point shift.
The local bond market had seen an influx of foreign issuers in the past […]
THE already lethargic stock market will likely come under more selling pressure in the coming days following a new twist in the domestic political arena.
Analysts expect foreign funds, especially, to continue selling out in the next few days following yesterday’s decision by a component party in the ruling Barisan Nasional to either table or support […]
