EVENING 5: Five things you need to know today

EVENING 5: Five things you need to know today
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EVENING 5: Malaysia’s GDP contracted 2.7% in 3Q

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Bank Negara believes Putrajaya still has additional fiscal space, says GDP contracted 2.7% in 3Q.

2. The FBM KLCI ends on a muted note as investors engage in stock-picking in sector rotational play.

3. Kenanga views Carlsberg as a strong candidate for recovery play, and ups its target price to RM26.50.

4. Analysts project deeper losses for Star Media Group for FY20 as its 3Q results underwhelm.

5. Malaysia posts 1,304 new Covid-19 cases after five straight days of reporting triple-digit infections.