Bursa Malaysia extends downtrend | New Straits Times

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NSTbusiness At 9.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 3.19 points to 1,575.70 from Thursday's close of 1,578.89.

 

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NSTbusiness Top Glove Corp Bhd (TopGlove) has been permitted to resume exporting and selling gloves to the United States effective Sept 10, following a revision to the US Customs and Border Protection's Customs and Border Protection's (CBP) findings.

NSTbusiness Khazanah Nasional Bhd has completed a placement of 138.4 million shares in CIMB Group Holdings Bhd at RM4.80 each, raising gross proceeds of RM664.5 million.

NSTbusiness The government may lose up to RM2.0 billion in additional tax collection from the palm oil sector due to the expected loss in production revenue between 20 per cent and 30 per cent in 2021.

NSTbusiness Malaysia has about RM300 billion from various stimulus packages left to be spent on the rakyat and businesses this year, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

NSTbusiness At 9.05 am, the local note stood at 4.1470/1490 against the greenback from 4.1470/1500 recorded at yesterday's closing.

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