I must take this opportunity to congratulate Dato Seri Najib in introducing bold and constructive measures to propel Malaysia forward to be among the world elite, am now looking forward for the real implementation and the expected positive impact.
Malaysian market sentiment boosted by equity liberalisation
By Loong Tse Min (The Star online)
KUALA LUMPUR: Malaysian stocks rose in-line with a regional market rally yesterday but were also boosted by feel-good sentiment after the Prime Minister announced the removal of 30% bumiputra equity requirement for 27 services sub-sector on Wednesday.
The benchmark KLCI ended the day more than 1% higher or 10.06 points to 978.64 led by Genting Bhd up 20 sen to RM4.72, Malayan Banking Bhd up 8 sen to RM4.40, Axiata Group Bhd up 4 sen to RM2.02 and Sime Darby Bhd gaining 5 sen to RM6.45.