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TSE wants to create a higher profile for firms
NEW YORK: Expectations that the US economic rebound will slow in the second half are weighing on small-cap stocks, forcing fund managers to look for companies that could continue to profit in a lower growth environment.
NEW YORK: Expectations that the U.S. economic rebound will slow in the second half are weighing on small cap stocks, forcing fund managers to look for companies that could continue to profit in a lower growth environment.
Bursa Malaysia came under profit taking early Friday after net foreign fund buying rose to RM100mil the previous day, spurred by strong corporate earnings especially by banks and telcos.
NEW YORK: U.S. shares rebounded on Thursday after falling for three consecutive days and benchmark Treasury yields dipped, as investors snapped up stocks that would benefit from an economic recovery and shrugged off worries about rising prices, for now.
Shares advanced in Asia on Monday after a strong finish last week on Wall Street.
LONDON: As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller UK companies are among the best performers in Europe thanks to a rally in domestic stocks that benefit from Britain’s vaccine rollout success.
NEW YORK: The S&P 500 and the Dow closed modestly higher and Treasury yields reversed slight losses after the Federal Reserve, in minutes of its latest meeting, said that the economic recovery remains far from complete despite showing signs of progress.