equities

 
 

Equities Weekly: Global equities in the black yet again

Equity markets around the world on aggregate continued to record gains for investors, with the MSCI AC World Index 0.8 per cent higher from the previous week. The developed markets of Europe, Japan and the US climbed higher, with the latter’s S&P 500 Index recording new all-time highs and posting a 1.1 per cent gain […]


Asian currencies firm as US dollar wallows near three-year low

SINGAPORE, Jan 19 — Asian currencies strengthened today as the US dollar languished on fears over a US government shutdown and as China’s strong economic growth figures boosted sentiment in the region. The US dollar index was down 0.165 at…


Analyst keeps faith with RM17.60 target for TNB

KUALA LUMPUR, Jan 19 — CIMB Equities Research has maintained its target price of RM17.60 for Tenaga Nasional Bhd (TNB). Basing this on a price-to-earnings ratio of 14 times for the 2019 financial year, it said in a statement carried by The…


Most Asians currencies slip as dollar edges off three year low

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A Singapore dollar note is seen in this illustration photo May 31, 2017. — Reuters pic SINGAPORE, Jan 18 — Most Asian currencies weakened today, with the dollar gaining after European Central Bank officials voiced concerns about euro strength and Apple Inc said it planned to repatriate billions of dollars to the United States. The dollar index against a basket of six major currencies was up 0.3 per cent at 90.840, getting some respite after slipping to three-year lows.  The euro nursed losses today, after slipping overnight on ECB policymakerRead More


Most Asian currencies slip as dollar edges off three year lows

SINGAPORE, Jan 18 — Most Asian currencies weakened today, with the dollar gaining after European Central Bank officials voiced concerns about euro strength and Apple Inc said it planned to repatriate billions of dollars to the United States….


CIMB Research stops Hovid coverage as delisting looms

KUALA LUMPUR, Jan 18 — CIMB Equities Research said it has ended the coverage of Hovid Bhd after the conditions for the voluntary takeover offer by joint offerers Ho Sue San and Fajar Astoria Sdn Bhd were met. The joint offerers had stated…


Wall Street soars yet again; bitcoin crashes below US$10,000

NEW YORK, Jan 18 — Wall Street shot past a fresh set of a milestones yesterday as irrepressible investor appetite returned US stocks to their steady stream of record finishes. Across the Atlantic, however, European equities churned lower as…


South-east Asia stocks mostly subdued, Philippines gains

SINGAPORE, Jan 17 — Most South-east Asian stock markets were muted today in line with broader Asia as Wall Street took a breather after its record-setting run, dampening momentum in global equities. Broader Asian stocks came off an all-time…


Wall St eases as oil prices, General Electric fall

NEW YORK, Jan 17 — Wall Street paused its rally yesterday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector. The energy sector fell 1.2 per cent as Brent crude oil shed some of its…


Wall Street eases as oil prices, General Electric fall (VIDEO)

NEW YORK, Jan 17 — Wall Street paused its rally yesterday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector. The energy sector fell 1.2 per cent as Brent crude oil shed some of its…