Thursday, 20 May 2021 05:58 PM MYT
An investor monitors the stock prices in the gallery of the RHB Investment Bank Bhd headquarters in Kuala Lumpur March 17, 2020. ― Picture by Hari Anggara
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KUALA LUMPUR, May 20 Bursa Malaysia ended trading today broadly lower on last-minute selloff amid the rise of daily Covid-19 infections today.
Malaysia recorded its highest number of daily Covid-19 infections at 6,806 new cases today.
At the close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.20 points to 1,575.32 compared with yesterday’s close of 1,580.52.
The market bellwether, which opened 2.67 points easier at 1,577.85, fluctuated between 1,570.32 and 1,585.32.
11 May 2021 / 12:17 H. Pix for representational purpose only/BERNAMA
KUALA LUMPUR: The extension of the Movement Control Order (MCO 3.0) currently enforced in several areas to cover the whole country from May 12 to June 7 is expected to cost the country’s economy RM300 million daily.
Public Investment Bank Bhd (PIVB) said MCO 1.0 (March 18-May 3, 2020) was estimated to have cost the economy RM2 billion per day, while MCO 2.0 (Jan 13-26, 2021) RM300 million per day.
“Given the similarities, MCO 3.0 could also see a daily hit of about RM300 million to the economy, particularly from restrictions on contact-sensitive businesses which will be a drag on the services sector,” it said in a note today.
Tuesday, 11 May 2021 10:51 AM MYT
PIVB noted that the start-stop nature of these recovery measures do not bode well for market sentiment. Picture by Hari Anggara
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KUALA LUMPUR, May 11 The extension of the movement control order (MCO 3.0) currently enforced in several areas to cover the whole country from May 12 to June 7 is expected to cost the country’s economy RM300 million daily.
Public Investment Bank Bhd (PIVB) said MCO 1.0 (March 18-May 3, 2020) was estimated to have cost the economy RM2 billion per day, while MCO 2.0 (Jan 13-26, 2021) RM300 million per day.
Analyst: MCO 3.0 to cost Malaysia RM300m daily
Modified11 May 2021, 6:05 am
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The extension of the movement control order (MCO 3.0) currently enforced in several areas to cover the whole country from May 12 to June 7 is expected to cost the country’s economy RM300 million daily.
Public Investment Bank Bhd (PIVB) said MCO 1.0 (March 18-May 3, 2020) was estimated to have cost the economy RM2 billion per day, while MCO 2.0 (Jan 13-26, 2021) RM300 million per day.
“Given the similarities, MCO 3.0 could also see a daily hit of about RM300 million to the economy, particularly from restrictions on contact-sensitive businesses.
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Monday, 10 May 2021 06:29 PM MYT
An investor monitors the stock prices in the gallery of the RHB Investment Bank Bhd headquarters in Kuala Lumpur March 17, 2020. ― Picture by Hari Anggara
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KUALA LUMPUR, May 10 Bursa Malaysia retreated from its recent gains to close on an easier note Monday dampened by weak market sentiment.
At 5pm, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 3.53 points to 1,583.92 from Friday’s close of 1,587.45.
The key index, which opened 0.03 of-a-point higher at 1,587.48 this morning, moved between 1,580.0 and 1,591.52 throughout the session.