Page 2 - Midf Research News Today

KUALA LUMPUR: Foreign investors continued as net buyers of local stocks on Bursa Malaysia for the second week in a row, totaling RM112.3mil, according to MIDF Research.

KUALA LUMPUR, Dec 26 — Foreign investors remained net buyers of domestic equities on Bursa Malaysia for the second consecutive week at RM112.3 million, said MIDF Research. In...

KUALA LUMPUR, Dec 1 — The slower contraction in Malaysia’s Leading Index (LI), which fell by -0.3 per cent year-on-year (y-o-y) in September 2023 versus -0.5 per cent in...

PETALING JAYA: Air passenger traffic volumes have been on the rise and the anticipated reciprocal visa-free entry agreement between China and Malaysia from December 1 onwards is expected to give it a further boost.

KUALA LUMPUR: The Malaysian construction sector is expected to continue registering strong growth in the fourth quarter of 2023 (Q4CY23), underpinned by the government's expansionary fiscal spending and further progress in private and public sector projects, said MIDF Research.

KUALA LUMPUR: Analysts expect Bank Negara Malaysia (BNM) to continue to maintain the overnight policy rate (OPR) at 3.0 per cent in 2024, given that the OPR is already at the normal rate supportive of sustained economic growth in the country.

KUALA LUMPUR: MIDF Research anticipates that the market price of chicken will not increase substantially after the removal of subsidies and price controls, considering that chicken is a staple protein for Malaysians. 

KUALA LUMPUR: MIDF Amanah Investment Bank Bhd (MIDF Research) has reiterated its forecast that Malaysia’s gross domestic product (GDP) will grow 4.2 per cent in 2023 before picking up to 4.7 per cent next year following the narrower contraction in the leading index (LI) recorded in August 2023.

State owned enterprise estimates prolonged ringgit depreciation will lead to higher imported inflation.

KUALA LUMPUR, Oct 16 — Foreign investors returned to Bursa Malaysia last week, purchasing RM10.2 million worth of domestic equities after two consecutive weeks of net selling....