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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.
FOR many investors in the market, there are different reasons why equities are bought and sold.
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.
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.
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.
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.
NEW YORK: U.S. stocks extended their recent rally on Friday and the S&P 500 and Nasdaq indexes scored their biggest weekly percentage gains since the U.S. elections in early November, boosted by optimism over earnings, stimulus talks and progress on vaccine rollouts.
IF “pseudo wealth” is a source of often unexplained economic volatility, then the financial roller coaster accompanying the pandemic has many wild rides in store
KUALA LUMPUR: Retail investors drove trading volumes to record highs and that helped Bursa Malaysia to post a record year in its financial performance.