Tough competition for IPOs as markets recover
With the market for initial public offerings (IPOs) showing signs of making a comeback in 2024, competition to capture new…
Markets
Hottest stock index also has the best earnings
The NSE Nifty Next 50 Index is emerging as the hottest stock gauge in India, as investors look for pockets…
Foreign net outflows to recover in 2H24
Malaysia’s year-to-date net foreign outflow, which has grown to RM1.21bil, is not something to be worried about, say analysts.
SC revokes financial planner’s licence on false details
The Securities Commission (SC) has revoked the Capital Markets Services Representative’s Licence (CMSRL) of Lim Chee Kuang on the basis…
Taking the big LEAP to the ACE Market
While welcoming the move by the Securities Commission (SC) to accelerate the transfer process of ACE Market companies to the…
FBM KLCI lower on holiday mood
Profit-taking activities ahead of the Hari Raya Aidilfitri holiday led to Bursa Malaysia finishing lower yesterday.
Modest gains as US markets brace for CPI data, earnings
The Nasdaq and S&P 500 posted modest gains on Tuesday, a day ahead of major inflation data, weighed down by…
Wall St ends flat as investors await CPI, earnings
NEW YORK: U.S. stocks were essentially unchanged at the close of a choppy session on Monday, with a solar eclipse offering…
Topmix’s IPO oversubscribed by 58.61 times
KUALA LUMPUR: Topmix Bhd, slated for a listing on the ACE Market of Bursa Malaysia on April 23, has seen…