The KLCI was up marginally at midday Thursday while most regional indices continued to stay in positive territory on China’s announcement of a significant increase to its US$585 billion stimulus package.
The KLCI was up marginally at midday Thursday while most regional indices continued to stay in positive territory on China’s announcement of a significant increase to its US$585 billion stimulus package.
Stocks broke a five-day losing streak Wednesday as hope spread that China and the U.S. are taking convincing action to restart their economies.
U.S. stocks may find it tough to follow through at Thursday’s open on a big rally that took the Dow and S&P off 12-year lows.