[Construction stocks enjoyed a stellar run in 2023, after several years of deep slumber. Read full story Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials … Read more
[ KUALA LUMPUR: Bursa Malaysia has announced the transfer of the securities of Teladan Group Bhd from the ACE Market to the property sector of the Main Market from Jan 2, 2024. In a statement, the stock exchange operator said the stock short names and stock numbers for the company’s securities remain unchanged. Read original … Read more
[ PETALING JAYA: Investors as well as small and mid-sized companies would benefit from Bursa Malaysia’s new alternative debt fundraising platform, according to analysts. The platform, which was launched yesterday in collaboration with RAM Holdings Bhd, targets listed and non-listed companies with fundraising needs of at least RM5mil and a minimum tenure of one year. … Read more
[ KUALA LUMPUR: Bursa Malaysia Bhd and its subsidiaries will be closed on Dec 25, 2023, and Jan 1, 2024, for Christmas Day and New Year 2024 celebrations. The stock exchange, in a statement, said operations will resume on Dec 26, 2023 and Jan 2, 2024 respectively. Read original article here Denial of responsibility! Genx … Read more
[ SYDNEY: Asian shares tracked Wall Street higher on Wednesday as U.S. rate cut fever lingered, while oil held on to gains from the past two days after Houthi militants’ attacks on ships in the Red Sea disrupted maritime trade. The yen nursed losses near a one-week trough and Japanese yields extended declines after the … Read more
[ KUALA LUMPUR: The US Federal Reserve’s decision to maintain the interest rate while signalling for rate cuts next year sent foreign investors back into Bursa Malaysia over the previous week. Foreign investors became net buyers of domestic equities to the tune of RM143.3mil after having been net sellers in the earlier week. According to … Read more
[ A DOUBLE whammy of China’s deepening property crisis and a stock market slump has claimed a victim – real estate investment trusts (REITs). REITs debuted on the country’s stock market in 2021 with much fanfare, hailed as a way to channel retail investor money into large-sized infrastructure and property projects. Read original article here … Read more
[ SYDNEY/LONDON: Shares and bonds on Friday globally continued to bask in the glow of Wednesday’s Fed meeting, with MSCI’s world share index set for a seventh straight winning week, its longest run in six years, and the benchmark 10-year Treasury yield below 4%. Europe’s broad STOXX 600 benchmark traded at a 23-month high, up … Read more
[ KUALA LUMPUR: The domestic market picked up on the positive global sentiment for equities following the US Federal Reserve’s signal that it would begin rate cuts next year. The benchmark FBM KLCI rallied 5.78 points to 1,453.82 as investor bets on a more dovish US were rewarded following the end of its latest Federal … Read more
[ US STOCKS were poised for a higher open on Wednesday as fresh data signaled signs of cooling inflation ahead of the Federal Reserve’s final policy decision of the year, where it is widely expected to leave interest rates unchanged. The Labor Department’s report showed the Producer Price Index (PPI) for final demand rose 0.9% … Read more
