Analysts expect the Ringgit to remain weak and Bank Negara to keep the overnight policy rate (OPR) at 3.25 percent in 2016, following the interest rate hike by the US Federal Reserve, reported The Sun Daily. Notably, the Fed’s Open Market Committee (FOMC) increased the target range for the federal funds rate (FFR) to 0.25 … Read more
Maybank Investment Bank Research expects the slowdown in property demand to persist for another 12 months until 2017, reported The Star. “While some projects have shown some signs of sales stabilisation, there are no signs of a broad-based pick-up just yet. We expect overall property sales to stay weak amid the slowing economic momentum,” it … Read more
MIDF Research expects higher volatility for Malaysian Government Securities (MGS) yield next year, as the latest quarterly results within the real estate investment trust (REIT) sector came in within expectations with two beating expectations, reported The Borneo Post. In MIDF Reasearch’s universe of six REIT stocks, earnings of KLCCP Stapled Group and IGB REIT … Read more