PM's abrupt resignation, coronavirus outbreak have finally pushed KLCI Index toward bear territory.
Consumer products also record huge losses as composite index drops by 15 points at 11am.
Uncertain domestic political landscape impacts local note’s performance.
Weak external demand causes decline in investors’ appetite for local note.
Funds raised are to be used to pare down company’s borrowings, earmarked for capex.
Startup eyes expansion into Southeast Asia.
Impact of Covid-19 much worse due to China’s increased significance in global economy.
Virus outbreak keeping investors away from Malaysian assets.
The fashion and furniture retailer, which employs 2,700 people, says it will ‘consider all options’ amid sales slump.
An analyst says local note will continue to be on sidelines along with other Asean currencies.
'We are on the path to profitability,' said Aditya Ghosh, a board member.
Market participants stay on the sidelines for latest development in virus outbreak.
The company says it received a letter from the state Customs director on Thursday.
Malaysia's poor GDP showing in Q4 2019 shifts investor interest away from the local note.
This comes amid a report that Putrajaya has extended Lynas' licence by 3 more years.
Rising oil prices should provide some immediate support for local note, says an analyst.
Local note preforms better tracking the firmer Chinese yuan.
It is Malaysia’s first Islamic bank to have a foreign presence.
Exports of CPO products drop significantly from December levels.
The 13 economists polled by Reuters blame the slump on weaker private consumption and external demand.
Local note also opened higher against other major currencies.
Local note extends last week’s downtrend.
Demand affected as people in China avoid restaurants and hotels, as well as India's restriction on refined palm oil.
Greenback continues to rally following China's tariff cuts on US goods.