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Quick take: Pharmaniaga shares rise 9.7% on contract extension
KUALA LUMPUR: Pharmaniaga Bhd emerged as the top gainer on Bursa Malaysia, rising over 9.7% in early trade Monday after the company obtained a 25-month interim extension for its concession.
Asian shares pick up on US-China trade deal hopes
SYDNEY: Asian shares edged higher on Monday after US President Donald Trump said over the weekend that trade talks with China were moving along "very nicely", though uncertainty remained over whether a deal would be signed this year.
Saudi Aramco prospectus flags risks, gives few details on IPO size
DUBAI: Saudi state oil giant Aramco will sell 0.5% of its shares to individual retail investors and the government will have a lockup period of a year on further share sales after the initial public offering (IPO), according to its prospectus on Saturday.
Yes Bank stock posts world’s biggest surge
MUMBAI: India’s Yes Bank Ltd, the world’s worst-performing lender in 2019, has posted the globe’s biggest gain over the past month.
Worst-performing bank stock now seeing world’s biggest surge
MUMBAI: India’s Yes Bank Ltd., the world’s worst-performing lender in 2019, has posted the globe’s biggest gain over the past month.
CPO futures set to head lower next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to head lower with the benchmark month hovering between RM2,500 and RM2,450 per tonne.
Trade deal doubts clip world stock rally
NEW YORK: Oil prices faltered and global equity markets slipped on Friday, halting a week-long record-setting rally fueled on hopes a U.S.-China trade deal was near, as the latest statements out of Washington cast fresh doubts about progress between Beijing and Washington.
Rally stays alive on fresh catalysts
REVIEW: Expectations of an early-stage trade deal between the US and China coming to the table reached fever pitch, extending the bullish outlook on the domestic market this week.
This trade rally is one tweet away from a crash
Everything is awesome in financial markets. The sense that a trade deal may finally be on the cards sent stocks and crude soaring in the US on Thursday, while flight-to-safety trades such as bonds and gold slumped.
Eye On Stock - TEK SENG Holdings Bhd
TEK SENG Holdings Bhd (code: 7200) advanced for a second straight day on Friday after ending a correction phase with a convincing rebound.