KLCI closes off day's low but broader market weak
KUALA LUMPUR: The FBM KLCI closed marginally lower on Thursday in line with the cautious key Asian markets.
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KUALA LUMPUR: The FBM KLCI closed marginally lower on Thursday in line with the cautious key Asian markets.
KUALA LUMPUR: Greatech Technology Bhd remains confident that the group is making good progress in its financial targets for 2023.
The outlook for the local tech sector is turning brighter following the materialisation of the de-rating led by US interest rate hikes, appealing valuations after rounds of selldowns as a consequence of the de-rating, as well as the tapering off of Federal Reserve hawkishness and China’s “zero-Covid” stringency, says UOB Kay Hian Research.
KUALA LUMPUR: The FBM KLCI slumped more than 1% on Monday, with major regional markets in the red, as investors evaluate the risks of interest rate hikes by the US Federal Reserve.
PUTRAJAYA: Seven Malaysian firms have been recognised under Forbes Asia’s 2022 Best Under A Billion list, which highlights 200 Asia-Pacific public companies with sales under US$1bil (RM4.46bil).