Wall St week ahead: GameStop stock ride weighed as bubble warning

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.

Short position - Vaccine, takeover fever, fight for fairness

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.

SC, Bursa Malaysia sound warning as GameStop inspired battle spreads to glove stocks

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.

GameStop stock frenzy spreads to Malaysia as amateur traders target glove makers

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.

Reddit users say GameStop rocket is revenge of the masses

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.

Malaysian Redditors rally behind glove stocks

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.

Bursa Malaysia’s average daily trading stays robust

AmInvestment upgrades Bursa to 'buy' on higher trading volume

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.

Surviving another lockdown

Possibilities for further stimulus and interest rate cut emerge

Downside risk for glove stocks limited

PETALING JAYA: The downside risk, especially for glove stocks, is likely minimal because of the limited room for short-selling activities, as well as the spike in the number of Covid-19 infections.