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DUBAI: Saudi Aramco shares surged after its initial public offering, valuing the oil producer at a record $1.88 trillion and lifting Saudi Arabia’s stock market into the ranks of the world’s largest.
DUBAI: Saudi Aramco will instantly vault Saudi Arabia’s stock market into the ranks of the world’s largest when the oil producer’s shares begin trading Wednesday after its initial public offering.
KUALA LUMPUR: RHB research has trimmed its FY20F-22F earnings forecasts for Bermaz Auto Bhd after factoring a more conservative sales assumption and lower associate contribution by Inokom Corp.
NEW YORK: Wall Street's main stock indexes ended slightly lower on Tuesday, though not far from record highs, as investors awaited concrete news on whether a new round of U.S. tariffs on Chinese goods would take effect on Dec. 15, a potential turning point in a trade dispute between the world's two largest economies that has convulsed markets.
ANN Joo Resources Bhd made a fourth consecutive day of gains on Tuesday to cross above the 50-day simple moving average (SMA) in a sign of bullish sentiment.
BENGALURU: Foreigners turned net sellers of Asian equities in November amid mixed signals on whether the United States and China were getting closer to reaching a preliminary trade deal.
PETALING JAYA: Magni-Tech Industries Bhd recorded a 28.7% increase in net profit for the second quarter ended Oct 31 at RM29.8mil, driven by the performance of its garment segment.
PETALING JAYA: Qatar Investment Authority (QIA) sold 74 million units in Pavilion Real Estate Investment Trust (REIT) for RM125.8mil yesterday.
Tokyo: The slump in SoftBank Group Corp’s shares could prompt Masayoshi Son to play an ace card – cashing in part of his stake in Alibaba Group Holding Ltd.
HONG KONG: Stocks were little changed on Tuesday (Dec 10), less than a week before the United States is due to impose more tariffs on Chinese goods.