3 Interesting Articles on Malaysia (Market)
3 Interesting Articles on Malaysia (Market)1. Today, Singapore's Straits Times reports that "During his visit to America last week, Malaysian PM Datuk Seri Abdullah Badawi received a welcoming phone call from US President George W. Bush. Bush-Abdullah phone call reflects better ties. Straits Times also reports "Bush may visit Malaysia after he attends November's APEC summit in Hanoi."
2. http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_3ee51cb0-cb73c03a-1c79dfc0-a301568b
Buying momentum accelerated on May 5, with the KLCI reaching a new six-year high on very heavy volume. Investor interest appears to have been buoyed by news that Tenaga Nasional Bhd may get its long awaited electricity tariff revision soon, and a sharp overnight drop in crude oil prices.
3. http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Article_3d438c30-cb73c03a-1c79dfc0-7eb7588a
Ringgit at fresh 8-year high, others steady The ringgit scaled an eight-year high on May 5 as foreign investments poured into local equities and short-term deposits on signs the central bank was allowing a faster pace of appreciation for the currency.
The above bodes well for Malaysian stock market.
posted by gsg @ 9:07 PM
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