India’s cooling earnings speed to challenge stock frenzy
Investors in Indian equities expecting a robust earnings season to justify expensive valuations are likely to be disappointed. Strategists predict…
Category: Markets
Well Chip public offering oversubscribed 12.87 times
KUALA LUMPUR: The public issue of Well Chip Group Bhd's initial public offering has been oversubscribed 12.87 times.
FBM KLCI slips as Wall Street indices fall on rotational selling
KUALA LUMPUR: The FBM KLCI saw some short-term profit-taking following a fall in the S&P500 and Nasdaq indices overnight as…
FBM KLCI gains momentum to close at 1,618 points
Bursa Malaysia continued its upward momentum to end higher for the second consecutive day yesterday as gains were largely supported…
US consumer prices unexpectedly fall in June
WASHINGTON: U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that the disinflation…
KL shares rise for third day on bullish local, global sentiments
KUALA LUMPUR: Shares on Bursa Malaysia were mostly higher on Thursday, with the barometer index extending its winning streak to the third…
Stocks stride to record highs ahead of US inflation test
SINGAPORE: Asian stocks rallied to record peaks on Thursday while sterling edged to a four-month high on strong growth figures,…
ACE Market-bound BWYS Group IPO oversubscribed 48.51 times
PETALING JAYA: BWYS Group Bhd’s initial public offering (IPO) has been oversubscribed by 48.51 times, ahead of its listing on…
Investors shore up stock prices ahead of US CPI report
KUALA LUMPUR: The FBM KLCI rallied for a third straight day, in line with investor positivity over the growing likelihood…