Share prices on Bursa Malaysia closed higher today in tandem with the rally in regional bourses, driven by expectation that policymakers will implement monetary measures to boost the weakening global economy, dealers said.
The benchmark FBM KLCI climbed to an all-time intra-day high of 1,614.79 before settling at 1,613.75, up 6.01 points. The index opened the day 1.70 points higher at 1,609.44.
The FBM KLCI's previous record high was at 1,611.50 last month.
A Court Ruling In Favor Of Barwa
On April last year, Barwa Real Estate Group announced that a court ruling by Dubai International Arbitration Centre has been issued to obligate Barwa International Company and The Green City Compan
Doha Bank may sell bonds to raise capital
Qatar's Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said.
The Gul
NASDAQ Dubai welcomes EIFB as a member
Emirates Islamic Financial Brokerage (EIFB), one of the UAE's leading Shari'a compliant brokers, has become a Member of NASDAQ Dubai, the region's international exchange.
EIFB will focus
Regulations, lack of liquidity ‘hitting GCC IPOs’
Stricter regulatory scrutiny of companies with plans to list and a lack of liquidity in certain markets are the key factors responsible for the low volume of IPOs in the GCC in the last 12 months, ex