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MALAYSIA: Country Wrap : Early Equity Gains Slip Away into the Afternoon.

MALAYSIA
EM BulletBulletAPACEmerging Market News
  • Malaysia’s palm oil exports fell 15.45% m/m during Jan. 1-15, according to Intertek Testing Services. (source:  BBG).
  • Oil Surges on Russian Sanction News and Report on Supply. (source: MNI – Market News).
  • With global bourses performing, Malaysia’s KLCI started strongly in early trading only to slip back into the red in the afternoon modestly and is on track for a fourth successive down day.
  • MYR : a modestly better day for the Ringgit up +0.02% at 4.4980.
  • Bonds: government bonds took their lead from the US with yields 1-3bps lower.  MGS 3 year 3.452% (-3bps today).
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  • Malaysia’s palm oil exports fell 15.45% m/m during Jan. 1-15, according to Intertek Testing Services. (source:  BBG).
  • Oil Surges on Russian Sanction News and Report on Supply. (source: MNI – Market News).
  • With global bourses performing, Malaysia’s KLCI started strongly in early trading only to slip back into the red in the afternoon modestly and is on track for a fourth successive down day.
  • MYR : a modestly better day for the Ringgit up +0.02% at 4.4980.
  • Bonds: government bonds took their lead from the US with yields 1-3bps lower.  MGS 3 year 3.452% (-3bps today).