Presidential elections between President Donald Trump and former Vice President Joe Biden could have dramatic effects on various stocks and sectors, and investors have spent months trying to identify potential winners and losers. The result of the United States presidential election is expected to have a lasting, positive effect on Malaysian's stock market in the mid- to long-term.
Malaysia’s Budget 2021 is also a crucial highlight this event-heavy week which also saw Bank Negara Malaysia maintained the Overnight Policy Rate at 1.75.
Malaysia's prime minister urged lawmakers to pass the 2021 budget, in spite of efforts by the opposition to oust his government and pressure from unhappy partners within the governing coalition.
Bursa Technology index constituents pared gains when markets closed. At 5pm, leading gainer MPI ended at RM24.10 while Unisem finished at RM6.11 as investors took a cue from US stocks' overnight performance. Malaysia's 10-year benchmark yield up 0.4 basis points to 2.625%.
Here you find the latest information on FTSE Bursa Malaysia KLCI (^KLSE) including data, charts, related news, and more click here.
No comments:
Post a Comment