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NEW YORK: Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time traders could be fresh signs of overexuberance that foreshadow volatility for the broader stock market.
IT is just too much of a coincidence that two Malaysian healthcare companies announced agreements with China-based Sinovac Biotech Co Ltd to bring in vaccines to the country in a week.
KUALA LUMPUR: Stock market regulators Securities Commission (SC) and Bursa Malaysia Bhd said on Friday they will take the "necessary measures" to curb disruptive trading practices and market abuse on the local bourse.
KUALA LUMPUR (Bloomberg): The manic ride in GameStop sparked by American amateur traders on Reddit has inspired some Malaysians to form a similar group targeting shares of glove makers -- one of Asia's hottest pandemic trades in 2020.
Beyond making a buck, it's about making a point: some Reddit users say GameStop's rocketing stocks is a case of the masses beating Wall Street at its own game.
KUALA LUMPUR: A member of bursabets, a Reddit forum seen as a copycat of the controversial US-based "wallstreetbets", has called upon retail traders in a new post to help shore up the share prices of Malaysian glove manufacturers.
KUALA LUMPUR: AmInvestment Bank Research has upgraded its earnings outlook on Bursa Malaysia Bhd on the back of higher daily average trading volume (DATV) in the securities market.