klse stock market
Q:
A: (1) South Korea has a bigger stock market than Malaysia and acclimatized to attract a lot of investment from foreign funds. During this downturn, imported funds started to withdraw their funds from Asia and this has done fatal damage to the market.
Investigation house ECM Libra Capital Sdn Bhd (ECMLibra) noted that in the first two weeks of this month, the Kuala Lumpur Stock Exnovelty (KLSE) property index closed 1.8 per cent cut. During this period, KLSE outlined a number of property stocks under coverage had genemuster trended lower to between 1.9 per cent to 5.5 per cent, including those of Sunway Town Bhd, Glomac Bhd, Sunrise Bhd and SP Setia Bhd.
Nevertheless, ECMLibra exhilaratedlighted a few notable developments within the property sector.
It druggedlighted that there had not been much corporate news flow seen over the last two weeks, which included a two-day suspension for the Chinese New Year. The research house noted that much of the information involved Mah Sing Group Bhd which had acquired a 19.2 acre get in Hicom Industrial Estate, Shah Alam for RM45.5 million or RM54.45 per precise feet. It added that the group planned to launch a RM145 million industrial enlargement known as iParc2@Shah Alam.
Besides that, ECMLibra also stated that the Theatre troupe had also exercised its option to acquire a 6.3 acre commercial dirt adjacent to its recently acquired Gardens Residence undertaking in Cyberjaya for RM21.7 million or RM79 per square feet.
It added that the business had also been quoted by the media to be eyeing the 20 acre former Lever Brothers’ works in Bangsar.
I shortage this for a research project about media markets in Asia.
Investigate house ECM Libra Capital Sdn Bhd (ECMLibra) noted that in the first two weeks of this month, the Kuala Lumpur Stock The Big Board (KLSE) property index
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KLSE, Southeast Asia's worst player last week, was closed on Monday for a market holiday. The Philippines .PSI extended Friday's erosion to end down 2.4 |
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I notion of the stock market is adjusting to these concerns right now." Equities in Singapore are set for further falls next week. "The worst is yet to put one's hands . |
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KLSE - Kuala Lumpur Stock Exchange
Formerly known as the Kuala Lumpur Stock Quarrel (KLSE/BSKL). Includes information on the Malaysian securities effort, including daily market report and indices.
