Below 60 estimated by analysts. That is a ninemonth low for that reading among u. S. Homebuilders. We are seeing potential buyers staying away here. We see progress in the real estate market. This is a stutter with in that. This is typically not a big market moving number. We are seeing the rally in u. S. Stocks that does remain intact at this present time. Particularly buying in asia and initial buying and oil, though that has faded to some degree. Take a look at the imap on bloomberg here. A rebound in information technology. Thingsbeen one of the that has held back stocks this year. Financials are coming back as well. If you look at the angst, we are seeing a rebound continuing today building on fridays gains. A backtoback rally for u. S. Stocks. Goldman sachs and citigroup also building on fridays gain. I mention oil prices. Lets look at oil now. We have seen the rally earlier ay on the city to for decision to freeze production by saudi arabia and russia. We will talk more about th
PETALING JAYA: Many Malaysians on social media welcome the government s announcement on Friday (May 28) of a nationwide full lockdown, similar to the first movement control order in March of last year.
Scheduled to take place from June 1 to 14, all sectors, except essential economic and service sectors, will not be allowed to operate during this period.
Optimistic Malaysians are calling for the people to stand united and play their part in flattening the Covid-19 curve, once again. Fellow Malaysians, let s put aside all disagreement, let s make it work. for our better future, said Facebook user Justin Anson.
Samantha Tan echoed the call, saying that she s super grateful for the decision.