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Glove stocks battered
PETALING JAYA: The exodus of investors from glove stocks showed no signs of stopping even as valuations turned more attractive such as in the case of Top Glove Corp Bhd, (pic) where its price-to-earnings ratio (PER) dropped to a single digit.
Short-sightedness in short selling ban
FOR many investors in the market, there are different reasons why equities are bought and sold.
Oil price surge lifts investor sentiment on Bursa
KUALA LUMPUR: Bursa Malaysia rebounded on Tuesday following the sell-off in the previous session as equities were buoyed by the surge in crude oil prices on ongoing supply disruptions and a stronger demand outlook.
IDSS, PDT Short Sale suspension extended
PETALING JAYA: The Securities Commission (SC) and Bursa Malaysia will extend the temporary suspension on intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT Short Sale) to Aug 29,2021.
SC, Bursa extend temporary suspension of intra-day short selling
KUALA LUMPUR: The Securities Commission (SC) and Bursa Malaysia Bhd will extend the temporary suspension on intraday short selling (IDSS) and intraday short selling by proprietary day traders (PDT short sale) to Aug 29.
Long, tense with cat photo for relief; how the GameStop hearing unfolded
WASHINGTON/BOSTON/NEW YORK (Reuters) - Tension, irate questions, people talking over one another, and a cat photo. Thursday's five-plus hour U.S. congressional hearing on GameStop had all of that, as top hedge fund managers, the head of Robinhood, and Roaring Kitty himself answered a barrage of questions over who was at fault in January's trading frenzy.
Asean News Headlines on Saturday (Feb 6)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (Feb 6)
Asean News Headlines as at 7pm on Saturday (Feb 6)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (Feb 6)
Philippine bourse’s short selling plan to proceed, says chief
MANILA, Feb 6 (Bloomberg): The Philippine Stock Exchange will allow short selling as soon as issues on borrowing and lending of securities before the Securities and Exchange Commission and tax bureau are resolved, President Ramon Monzon said.
GameStop shares halt slide after Robinhood lifts trading curbs
NEW YORK: Shares of GameStop and other companies caught in the recent social media-fueled trading frenzy bounced on Friday, after online broker Robinhood lifted all the buying curbs imposed at the apex of the battle between amateur investors and Wall Street hedge funds.
