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KUALA LUMPUR: Airasia Group Bhd, Green Packet Bhd, Dagang Nexchange Bhd (DNeX), Pantech Group Holdings Bhd, CIMB Group Holdings Bhd and Bintai Kinden Corp Bhd are among the stocks to watch on Friday, according to JF Apex Research.
NEW YORK: The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to support the economy after data showed a tepid labor market recovery.
THE historically eye-popping equity valuations emerging from the pandemic clearly unnerve company analysts – but the macro market take on pricey stock movements appears far more zen.
KUALA LUMPUR: AirAsia Group Bhd is planning to raise as much as RM454.5mil by selling 668.4 million new shares, as budget airline seeks urgently needed funds to strengthen its financial position.