Rating upgrade to spur fund inflows
Analysts and fund managers are expecting further foreign fund inflows following a country upgrade by JPMorgan from “underweight” to “neutral.”
Category: Markets
FBM KLCI in the red; ringgit rises to 6-month high
KUALA LUMPUR: Investors chose to pause for breath today and take profits following the recent gains while the ringgit rose…
Asian stocks, currencies set for weekly gains on US rate outlook
ASIAN stocks markets and currencies struggled for direction on Friday, but were set to post weekly gains as risk sentiment got…
FBM KLCI pulls back on profit-taking
KUALA LUMPUR: The FBM KLCI slipped back in the early session but remained on course to end on a weekly…
Japan’s Nikkei drops from record high on chip selloff, yen intervention nerves
TOKYO: The Nikkei share average plunged 2% on Friday, as tech stocks tracked a selloff in Wall Street peers and…
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…
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.
Former CEO of Naim Indah sued for insider trading
The Securities Commission (SC) has filed a civil suit against Datuk Raymond Chan Boon Siew for insider trading involving the…
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…