FBM KLCI rises amid weaker broader market
KUALA LUMPUR: Malaysian benchmark stock index rose on Tuesday morning trade, in line with other regional indices, as markets tracked…
Category: Markets
Foreign interest in local equities continues with RM202.4mil net purchases
KUALA LUMPUR: Foreign funds continued to flow into Bursa Malaysia for the second consecutive week with a net purchase of…
FBM KLCI opens higher after long weekend break
KUALA LUMPUR: While the FBM KLCI started Tuesday on a positive performance following Wall Street overnight rally, analysts are offering…
S&P 500, Nasdaq hit record closing highs ahead of data, Fed comments
THE S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence…
Goldman Sachs raises S&P 500 target to 5,600
NEW YORK: Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier,…
UBS sees bond spreads widening slightly
NEW YORK: US corporate bond spreads may widen modestly from current levels by the end of the year, but generally…
FBM KLCI reverses early gains to end at intraday low
KUALA LUMPUR: The FBM KLCI pared its gains and settled in negative territory on Tuesday, following a long weekend, as…
US mops up a third of global capital since Covid
NEW YORK: In the face of calls around the world to diversify out of the dollar in recent years, the…
Arbitrage trade backfires as TSMC frenzy grows
Taipei: The long-favoured arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co’s (TSMC) Taipei shares while shorting its US listing is…