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Wednesday, October 23, 2019

Tag: Stock Market

HK property, casino stocks slump after violent protests

The protests in Hong Kong have created a negative impression among mainland Chinese citizens and this has caused damage to the stock market.

Easy money won’t keep China bond bulls happy for long

Investors thinking the current rally in China’s sovereign bonds means it’s about to catch up with the big global surge might want to reconsider.

Stocks mixed as investors mull trade, slowing data

Stocks open in mixed fashion as investors mull the latest headlines on trade and implications of a disappointing set of economic data.

Trump praises himself for stock market performance

The S&P 500 index has gained 7.2% this month, set for its best June performance in more than six decades.

Dollar hits two-week high as traders eye Fed meeting

Expectations of a rate cut at the Fed's June 18-19 meeting have fallen to a probability of around 20%.

Trump warns of epic stock market crash if not re-elected

US President Donald Trump appears to be road-testing some of the themes he’ll be touching on in the next 18 months.

Malaysian stock market seeing signs of revival

Overseas investors poured nearly RM350 million into the nation’s stocks last week, the most since late January.

US-listed Chinese stocks tumble at fastest pace since 2008

Chinese companies have contributed to more than a quarter of this month’s declines on the MSCI Emerging Markets Index, led by Tencent Holdings Ltd.

China stocks near three-month low as Huawei ban adds to nerves

China's stocks are trading at its lowest caused by trade tensions with the United States and the Huawei ban hitting a US$1.1 trillion mark.

Indian stocks, rupee rally as Modi vote win predicted

Several polls have indicated Modi's Bharatiya Janata Party (BJP) and its National Democratic Alliance will win a parliamentary majority.

The stock market winners and losers from Australia’s election

The shock result has wide-ranging implications for a slew of listed companies, from banks to builders and resources firms.

Big US hedge funds regain ardor for FAANGs in first quarter

NEW YORK: Some of the biggest, highest-profile US hedge fund investors and money managers fell back in love with FAANGs in the first quarter,...

Italian budget worries knock European shares lower

Italian shares led losses in Europe on Wednesday after the country's deputy prime minister said Rome was ready to break EU fiscal rules, masking early gains fueled by optimism around U.S.-China trade rhetoric.

Analyst warns of further slide as ringgit hits 1-year low against...

Pong Teng Siew says Bank Negara's move to cut interest rates will not do much to spur the economy as income levels are low.

Dubai stocks shift from world’s worst to best in just 24...

The revival was sparked by MSCI Inc's retention of two Dubai property companies in its main emerging-market stock gauges.

Hong Kong stocks sharply lower at open

Hong Kong shares sank more than two percent at the start of Tuesday as investors returned from a long weekend to news that China had retaliated to US tariffs.

Global funds steer clear as reform euphoria fades

Hopes for reform have given way to caution after a government drive to cut public debt weighed on consumption and growth.

Chinese, Hong Kong stocks dive on Trump tariffs threat

The Chinese losses were the biggest in an Asia-wide sell-off triggered by Trump's tweet that tariffs on US$200 billion of imports from China would rise.

Stock market could be near turnaround, says Aussie financial services company

Macquarie expects similar developments to happen with MRT 3 and the Singapore-Kuala Lumpur high-speed rail project, as well as in the telecom sector.

Time to get more people into the share market

Putrajaya must encourage entrepreneurs and investors to list their companies and thus stimulate the economy, says the writer

Drop in imports due to weaker ringgit, battered stock market, says...

Hoo Ke Ping says it is unlikely that the 9.4% fall in imports in February was due to the midweek Chinese New Year celebrations.

Stocks edge up as oil slips

Investors have spent the holiday-shortened week so far in wait-and-see mode as conviction in the rally that’s powered stocks this year gets tested.

Bursa Malaysia keeps missing out on global rally

The benchmark FTSE Bursa Malaysia KLCI Index is down 14% from a record in May 2018.

Industrials’ gains put to test as earnings ramp up

Industrials have outperformed the broader market this year, thanks in part to optimism that the US may soon have a trade deal with China.

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