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Asian shares mostly rose Monday, as investors eyed surging energy costs and prospects for interest rate hikes in the United States.
NEW YORK: Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped 4% on the back of record-high U.S. gas prices.
HONG KONG (AFP): Asian equities were mostly up Friday (May 13) following a tumultuous trading period on Wall Street, which rebounded at the close after investors calmed down about US policies to counter surging inflation.
Trading ideas: Serba Dinamik Holdings, Top Glove, Yinson Holdings, Gas Malaysia, Pentamaster, Kelington Group
KUALA LUMPUR: Stocks to watch for on Friday include Serba Dinamik Holdings, Top Glove, Yinson Holdings, Gas Malaysia, Pentamaster, Kelington Group, according to JF Apex Research.
NEW YORK: World equities fell on Thursday to an 18-month-low, with markets dogged by fears high inflation would persist and force central banks to keep tightening monetary policy.
NEW YORK: U.S. stocks ended sharply lower on Wednesday, with the Nasdaq dropping more than 3% and the Dow falling for a fifth straight day after U.S. inflation data did little to ease investor worries over the outlook for interest rates and the economy.