Malaysia stocks “looking attractive” now, MIDF Group MD says

📆 29/06/2021 11:51:00
📰 staronline

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 75%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

KUALA LUMPUR: Malaysia’s stocks are “looking attractive” after being among the worst performers globally amid the pandemic, Malaysian Industrial Development Finance Bhd’s group managing director Charon Wardini Mokhzani said.

“The number of Covid-19 cases is up but I think the whole vaccination programme is doing well.”* More than 7 million people have received at least one dose of the Covid vaccine, of which 2.1 million people are fully inoculated, according to the health ministry.* Manufacturing sectors aren’t as badly affected as tourism and services sectors

* Monday’s RM150bil economic package offers a lot of cash transfer to the right people and will help to boost the economy, he said * MIDF sees “no bubble” with environmental, social, governance assets, and expects the trend toward investing in ESG to stay * MIDF will launch an online investment platform that will allow Malaysians to trade U.S stocks on the New York Stock Exchange and the Nasdaq, he said.Article type: metered

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MIDF Amanah Investment Bank maintains buy call on TNB | Malay MailKUALA LUMPUR, June 29 — MIDF Amanah Investment Bank Bhd has retained “Buy” call and target price (TP) of RM11.80 on Tenaga Nasional Bhd (TNB) following the government decision to maintain the imbalance cost pass-through (ICPT) rebate at two sen per kilowatt hour (kWh) to all customers for the...
Source: malaymail - 🏆 1. / 86 Read more »