It's not like Malaysia is isolated from other countries, so Malaysian stock prices should get affected by foreign stock prices. Stocks in other countries have been very bullish. Malaysian stocks should catch up with them.
Oil service and semiconductor stocks also saw some strength on the day, while weakness among utilities and transportation stocks limited the upside for the markets.
SYDNEY (Reuters) - Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China's Communist Party conference. The twice-a-decade congress is expected to cement the authority of President Xi Jinping, who kicks off the week-long event with a speech outlining his plans for the next five years. Markets are keen for any direction on economic and financial market reform, though history suggests these events can be light on detail.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4507 views | 4 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hstha
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Posted by hstha > 2017-10-17 00:42 | Report Abuse
It's not like Malaysia is isolated from other countries, so Malaysian stock prices should get affected by foreign stock prices. Stocks in other countries have been very bullish. Malaysian stocks should catch up with them.