Smart Asia IPO public portion oversubscribed 37.98 times
KUALA LUMPUR: ACE Market-bound Smart Asia Chemical Bhd’s public portion shares under its initial public offering (IPO) have been oversubscribed by 37.98 times.
Category: Markets
Bursa Malaysia picks up as US indices hit fresh records
KUALA LUMPUR: The overnight record-breaking performances of major US indices are returning some optimism to the domestic market, although the…
FBM KLCI ends at intraday low; glove makers rally
KUALA LUMPUR: The FBM KLCI finished at an intraday low on Wednesday, contrasting with the upward surge witnessed in glove…
Stocks rise, dollar eases ahead of US inflation report
SINGAPORE: Asian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixed U.S. producer price data and…
FBM KLCI little changed, glove makers rise
KUALA LUMPUR: Bursa Malaysia could be seeing some positive spillover from Wall Street markets following the release of a US…
China stocks close lower after US tariffs
SHANGHAI: Mainland China shares ended lower on Wednesday, pressured by U.S. President Joe Biden's decision to levy fresh tariffs on…
Glove makers rise in active trading
KUALA LUMPUR: Malaysian glove makers were the target of frenzied buying by investors on Wednesday following news the US will…
Nasdaq hits record close after Powell reassures investors
The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal…
Goldman: Stocks with upside risk worth holding
Lofty US equity valuations suggest investors have already priced in a lot of stock market enthusiasm, but that doesn’t mean…