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JAKARTA: A crisis of confidence is brewing in Indonesia’s mutual-fund industry after some asset managers created products that invested in tiny, illiquid stocks, which have plunged in value.
KUALA LUMPUR: Stocks to watch for on Friday include Anzo, Kerjaya Prospek, KLCCP Stapled, Pavilion REIT and Alam Maritim, says JF Apex research.
JAKARTA: Indonesia’s market regulator suspended five stocks from trading, stepping up a crackdown against volatile shares linked to a liquidity crisis at the nation’s oldest insurer.
HONG KONG (AFP): Investor nerves over the spread of a deadly new virus from China hammered Asian equities and oil benchmarks on Thursday (Jan 23), as authorities moved to contain the disease.
KUALA LUMPUR: Bursa Malaysia ended the day in the red on Tuesday line with the weak performance of its regional peers as losses in selected heavyweights continued to weigh on the local index.
JAKARTA: The Indonesian stock exchange has kicked off the new decade as Southeast Asia’s busiest bourse for initial public offerings.The nation has seen more listings than any other in the region, accounting for six of the eight IPOs this month, according to data compiled by Bloomberg.
KUALA LUMPUR: Bursa Malaysia FBM KLCI index has high potential to recover this year backed by strong gross domestic product outlook and better corporate earnings.