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.
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…
Wall St posts record closes as inflation data fuel rate-cut bets
Wall Street's three major indices notched record closes on Wednesday with the benchmark S&P 500 and the Nasdaq both advancing more…
Mid-sized IPOs missing from US rebound
The recovery in the US initial public offerings (IPOs) market is underway, with deal volumes growing year-on-year and sentiment improving.
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…