Opportunity to accumulate REIT stocks on appealing distribution yields
AmInvestment Bank Research sees buying opportunities in local real estate investment trust (REIT) stocks, given widening yield spreads against 10-year…
Category: Markets
Wall St set to open higher as traders stick to rate cut bets after inflation data
WALL Street's main stock indexes were on track to a higher opening on Thursday as investors kept bets of interest-rate…
Public portion of Prolintas Infra Business Trust’s IPO oversubscribed by 3.59 times
PETALING JAYA: The public tranche of Prolintas Infra Business Trust’s (Prolintas Infra BT) initial public offering has been oversubscribed by…
Last minute buying lifts Bursa Malaysia at close
KUALA LUMPUR: Last-minute buying interest pushed the FBM KLCI to end on its intraday high, on continued buying in index-linked…
KLCI gives up more ground as profit-taking continues
KUALA LUMPUR: The upside trend on the domestic market remains intact, say analysts, despite the recent profit-taking pressure.
Asia stocks bide time ahead of US data; Nikkei bruised by BOJ pivot bets
SINGAPORE: Asian shares held near seven-month highs on Thursday though traded mostly sideways as investors awaited fresh catalysts that would…
Bursa Malaysia snaps four-day winning streak to end lower
KUALA LUMPUR: Bursa Malaysia snapped its four-day winning streak to close lower today, driven by continuous profit-taking in heavyweights led by…
Investors cash out on KLCI rally
KUALA LUMPUR: Investors cashed out on gains made earlier in the week to take Malaysia's benchmark index back to last…
Rakuten Trade sees FBM KLCI hitting 1,660 mark by year-end
KUALA LUMPUR: Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to possibly touch 1,660 by end-2024 based on a 15.5…