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AFTER peaking out at an all-time high of 82 sen on July 24, 2014, M-Mode Bhd (MMode; Code: 0059) shares slipped into correction mode owing to an apparent profit-taking activity. Though prices made a strong effort to recover in late 2015, persistent selling kept this stock on bearish extended move.
THERE were more hits than misses in the bag of stock picks by selected StarBizWeek writers and fund managers published on June 18.
HONG KONG: The Hong Kong stock exchange said on Wednesday it has agreed with China's mainland stock exchanges to work towards the inclusion of weighted voting right companies in the stock connect scheme that links mainland exchanges with the Asian financial hub
NEW YORK: U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already recovered more than half the ground lost in the recent selloff and traders have rapidly dialed down fear.
KUALA LUMPUR: The Health Ministry has redistributed limited Hepatitis C drug stocks to hospitals that need it to ensure the continuity of supply to all patients while waiting for the additional new stock to arrive.
IRIS Corp Bhd’s (code: 0010) correction starting June 25 may already be over as the stock bounces off the supporting line to make a break above the descending trend line.
JERUSALEM: Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange, he said on Monday.
HONG KONG: China will start its second stock-trading link with Hong Kong on Dec 5, another step in the country’s efforts to open up the mainland market.
JOHAN Holdings Bhd (code: 3441) has been trapped under a short-term descending trend line since Dec 29, 2017, where it peaked at a high of 40 sen before undergoing a correction phase.
MUMBAI: The bull market in India has produced another record: the world’s best-performing stock among companies that have a market value of at least a billion dollars.