Smart Asia IPO public portion oversubscribed 37.98 times
KUALA LUMPUR: ACE Market-bound Smart Asia Chemical Bhd’s public portion shares under its initial public offering (IPO) have been oversubscribed by 37.98 times.
Markets
Bursa Malaysia picks up as US indices hit fresh records
KUALA LUMPUR: The overnight record-breaking performances of major US indices are returning some optimism to the domestic market, although the…
FBM KLCI ends at intraday low; glove makers rally
KUALA LUMPUR: The FBM KLCI finished at an intraday low on Wednesday, contrasting with the upward surge witnessed in glove…
Stocks rise, dollar eases ahead of US inflation report
SINGAPORE: Asian stocks rose on Wednesday while the dollar drifted lower as traders weighed mixed U.S. producer price data and…
FBM KLCI little changed, glove makers rise
KUALA LUMPUR: Bursa Malaysia could be seeing some positive spillover from Wall Street markets following the release of a US…
China stocks close lower after US tariffs
SHANGHAI: Mainland China shares ended lower on Wednesday, pressured by U.S. President Joe Biden's decision to levy fresh tariffs on…
Glove makers rise in active trading
KUALA LUMPUR: Malaysian glove makers were the target of frenzied buying by investors on Wednesday following news the US will…
Nasdaq hits record close after Powell reassures investors
The Nasdaq scored a record closing high on Tuesday and the S&P 500 and the Dow also advanced as Federal…
Goldman: Stocks with upside risk worth holding
Lofty US equity valuations suggest investors have already priced in a lot of stock market enthusiasm, but that doesn’t mean…