Najib bets on rapid economic reforms KUALA LUMPUR, April 23 — Changes to the Malaysian economic landscape will come fast and furious. Next week, the Najib administration will consider lifting the ceiling for foreign ownership of banks, allowing international investors to own more than 30 per cent of a financial institution
KUALA LUMPUR, April 23 — Share prices on Bursa Malaysia closed higher today on improved sentiment with strong interest seen in plantation, property, and information and communications technology (ICT) related stocks, dealers said.
They said that sentiment was spurred by the government’s decision yesterday to remove the 30 per cent Bumiputera equity condition in 27 service sub-sectors with immediate effect.
At close, the benchmark Kuala Lumpur Composite Index (KLCI) rose 10.06 points or 1.04 per cent to 978.64 after opening 0.37 of a point higher at 968.95 this morning.
The unit trust performance still consider at lowest price as compared to the previous three years performance. We still can take advantage to average down our cost per unit based on fact that the fund price is far more better as refer to today’s price.