KUALA LUMPUR, Nov 16 (Reuters) – Malaysia's financial markets will be closed on Friday for a public holiday, a day before the country holds a general election, the bourse said.
Prime Minister Ismail Sabri Yaakob this week declared Nov. 18-19 as public holidays to make it easier for Malaysians to vote, media reported.
Trading will resume on Monday, Bursa Malaysia said in a statement late Tuesday.
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Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets including the Middle East and Southeast Asia, the chairman of the city's bourse operator said.
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