Bank Negara Malaysia: Keep interest rates unchanged at 3%

stock analyst • • US stock news

Gelonghui, May 9 | Bank Negara Malaysia announced that it will continue to maintain the benchmark interest rate unchanged at 3%, in line with market expectations

Gelonghui, May 9 | Bank Negara Malaysia announced that it will continue to maintain the benchmark interest rate unchanged at 3%, which is consistent with market expectations.
The central bank said that the latest indicators show that economic activity will increase in the first quarter of this year, mainly due to the restorative growth of domestic spending and the positive improvement of exports.
Export recovery is expected to strengthen, supported by the global technology recovery and continued strength in non-electrical and electronic products.
The central bank reiterated that the ringgit\’s weak performance does not reflect Malaysia\’s economic fundamentals and growth prospects.
The central bank expects inflation to remain moderate in 2024. The overall inflation rate ranges from 2% to 3.5%, roughly reflecting stable demand conditions and controllable cost pressures.
Malaysia’s inflation rate last year was 2.5%.

Like (0)
stock analyststock analyst
Previous May 9, 2024 4:11 pm
Next May 9, 2024 4:11 pm

Related posts

  • Keep up with these ETFs in the first quarter and have a higher winning rate

    At the beginning of the year, when the fund disclosed the four-season report, the biggest change in the mysterious institution\’s increase in positions was to focus on the large and let go of the small, and increase the position as a bonus. At that time, we mainly compared and analyzed broad-based index funds such as 50ETF, CSI 300ETF, CSI 500ETF, and CSI 1000ETF. We also compared the dividend index funds that the market paid attention to and the US stock QDII and Nikkei QDII to see the latest trends among investors. Data from the Jian Jinxin Fund Evaluation Center shows that the share of representative broad-based funds such as the Shanghai Stock Exchange 50ETF and the Shanghai-Shenzhen 300ETF showed a growth trend in the fourth quarter of 2023, especially the increase in the share of the Shanghai-Shenzhen 300ETF. (This is also the increase in the share of a certain team in the first quarter. The product with the largest number of positions); the share changes of several representative CSI 500 ETFs increased and decreased in the fourth quarter and the third quarter, and the trend is not obvious; the three larger CSI 1000 ETFs all experienced a shrinkage in share; good and stable profit making This effect has made investors more and more aware of dividend index funds, and many dividend index funds have reported rapid performance and scale in the fourth quarter. The market trend this year has also confirmed our analysis in early January.

    US stock news April 25, 2024

  • If CPI in April exceeds expectations, the stock market may suffer a sharp decline

    May\’s rally pushed stocks back to near all-time highs, while last month\’s pullback provided temporary relief – with April inflation data set to be released on Wednesday widely seen as a potential catalyst for new highs or another slide. catalyst

    US stock news May 15, 2024

  • Cautious approach.FPIs sell ₹25,586 crore in Indian equities ahead of June 4 election results

    Ahead of the June 4 general election results, Foreign Portfolio Investors (FPIs) have aggressively sold ₹25,586 crore in Indian equities in May 2024, data with depositories showed.

    US stock news June 3, 2024

  • The central bank has three arrows to stabilize the property market, and Beike rose more than 7% before the opening.

    Gelonghui, May 17 | Real estate agency Beke (BEKE.US) rose more than 7% to US$20.5 before the market opened.

    US stock news May 17, 2024

  • Yili Clean Energy\’s performance forecast \”changed\”, with a difference of hundreds of millions of yuan between the previous and later disclosures! The company and its executives were issued warning letters

    Log in to the Sina Finance APP and search [Xinpi] to view more evaluation grades. For stock trading, look at Jin Qilin analyst research reports, which are authoritative, professional, timely and comprehensive to help you tap potential theme opportunities! On April 25, the Inner Mongolia Securities Regulatory Bureau disclosed an announcement on the decision to issue warning letters to Yili Clean Energy Co., Ltd. and relevant responsible personnel. According to the announcement, Yili Clean Energy Co., Ltd. (hereinafter referred to as Yili Clean Energy), Chairman Wang Ruifeng, General Manager Hou Jinghui, and Financial Director Zhang Yanmei were subject to administrative supervision measures such as issuing warning letters due to inaccurate performance disclosures, and were recorded in securities and futures records. Market Integrity Profile Database. After investigation, when Yili Clean Energy disclosed its 2023 performance forecast on January 31, the estimated net profit was between 36.45 million yuan and 52.86 million yuan, and after deducting non-net profits, it was -112.42 million yuan to -96.01 million yuan. On April 23, the company disclosed a correction to its performance forecast because the company…

    US stock news April 25, 2024

  • Tuoshan Heavy Industry (001226.SZ): Net profit in the first quarter was 5.4671 million yuan, a year-on-year decrease of 53.13%

    Gelonghui April 25 | Tuoshan Heavy Industry (001226.SZ) announced the first quarter report of 2024. The operating income during the reporting period was 147 million yuan, a year-on-year decrease of 11.79%; the net profit attributable to shareholders of the listed company was 5.4671 million yuan, a year-on-year decrease. 53.13%; net profit after non-recurring gains and losses attributable to shareholders of listed companies was 5.4628 million yuan, a year-on-year decrease of 53.90%; basic earnings per share was 0.07 yuan.

    US stock news April 25, 2024