KUALA LUMPUR, April 18 (Bernama): Bursa Malaysia is expected to continue its current momentum into this week, with the key index to move in a tight range amid cautious market sentiment.
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the FTSE Bursa Malaysia KLCI (FBM KLCI) would likely move between 1,600 and 1,615 points next week. (The tight range expectation is because) investors would seek to find a balance between the nation s vaccination progress with the recent uptick in COVID-19 cases, which is signalling a fourth wave,” he told Bernama.
On the external front, Adam said there would not be many major events next week except for the upcoming European central bank meeting on April 22 which would likely provide guidance on its bond purchasing, moving forward.
KUALA LUMPUR: Bursa Malaysia is expected to continue its current momentum into next week, with the key index to move in a tight range amid cautious market sentiment.
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the FTSE Bursa Malaysia KLCI (FBM KLCI) would likely move between 1,600 and 1,615 points next week. (The tight range expectation is because) investors would seek to find a balance between the nation s vaccination progress with the recent uptick in COVID-19 cases, which is signalling a fourth wave,” he told Bernama.
On the external front, Adam said there would not be many major events next week except for the upcoming European central bank meeting on April 22 which would likely provide guidance on its bond purchasing, moving forward.
KUALA LUMPUR (April 17): Bursa Malaysia is expected to continue its current momentum into next week, with the key index to move in a tight range amid cautious market sentiment.
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the FTSE Bursa Malaysia KLCI (FBM KLCI) would likely move between 1,600 and 1,615 points next week.
“(The tight range expectation is because) investors would seek to find a balance between the nation s vaccination progress with the recent uptick in COVID-19 cases, which is signalling a fourth wave,” he told Bernama.
On the external front, Adam said there would not be many major events next week except for the upcoming European central bank meeting on April 22 which would likely provide guidance on its bond purchasing, moving forward.
Published on: Friday, April 16, 2021
By: Bernama
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Kuala Lumpur: The Ministry of Health (MOH) has proposed that the interstate travel for the upcoming Aidilfitri celebrations be postponed as the Covid-19 situation in the country is still worrying.
Health Minister Datuk Seri Dr Adham Baba
(pic) said the proposal was also following complaints and appeals from various quarters for the government to postpone the lifting of the interstate travel ban.
“As we all know, most states are currently under CMCO (Conditional Movement Control Order) and RMCO (Recovery Movement Control Order) until April 28.
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“As daily cases are still rising and not yet stable, this interstate travel needs to be postponed. The vaccination programme (National Covid-19 Immunisation Programme) is also still ongoing,” he told a press conference after launching a book entitled ‘Malaysia Health Sector Response to Covid-19: Perspectives from the Field’ at his office here Thursda
Strict compliance with SOP at Ramadan buffets 15 Apr 2021 / 09:15 H. Pix for representational purpose only.
KUALA LUMPUR: The government’s decision to allow food and beverage (F&B) outlets to offer Ramadan buffets and operate up to 6am during the fasting month is a relief to eateries and hotels that hope to recover some of the losses they suffered following the restrictions on movements imposed since March last year.
However, the concessions granted to food operators are subject to strict compliance with the standard operating procedures (SOPs) set by the Ministry of Health as new Covid-19 case numbers have been rising lately.