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Ringgit more sensitive to commodity price movement than Asian peers, says expert

By Karina Imran KUALA LUMPUR: The ringgit is far more sensitive to the movement of commodity prices than its Asian peers, said Employees Provident Fund chief strategy officer Nurhisham Hussein. In an interview with Bernama recently, he shared his views regarding the weakness of the ringgit and equities market. Right off the bat, Nurhisham opined […]

Equities market continues to be well supported by local institutions

KUALA LUMPUR: Foreign investors remained net sellers in the local equity market last week, recording a lower total net outflow of RM879.57 million from Monday-Thursday against RM930.62 million in the corresponding period from February 24-27.  Bank Islam Malaysia Bhd said Malaysian equities market continued to be well supported by local institution funds with total net purchases amounting to […]