KLCI leaps 3.33%, biggest single-day gain since late March, thanks to vaccine optimism
KUALA LUMPUR (Nov 10): It is a cheerful day for Asian equity markets. In tandem with the positive sentiment boosted by rising hope that a…
Tag Archives: Investment Course
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Evening 5: Five things you need to know today
EVENING 5: Gloves left out of vaccine party Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Rubber…
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Top Glove, TNB, Tropicana, SDP, Nestle Malaysia, KLCCP, Shangri-La Hotels, GDex, Careplus, Focus Dynamics and Oversea Enterprise
KUALA LUMPUR (Nov 10): Based on corporate announcements and news flow today, companies that in focus on tomorrow (Nov 11) may include: Top Glove Corp…
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Rights issue made easier for companies to raise funds
KUALA LUMPUR (Nov 10): Companies are allowed to proceed with their proposed rights issue once the controlling shareholders are giving the irrevocable undertaking to subscribe…
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Pollution levels at four water treatment plants drop — Air Selangor
KUALA LUMPUR (Nov 10): The level of odour pollution at the Muka Sauk Water Treatment Plant (LRA), Rantau Panjang has dropped to 4 TON (threshold…
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Nearly US$2 tril traded on Covid-19 vaccine news
LONDON (Nov 10): News of a breakthrough in the race to find a Covid-19 vaccine sparked one of the heaviest trading days since the height…
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Oil gains nearly 3% on vaccine hopes, even as nations reimpose lockdowns
NEW YORK (Nov 11): Oil ended nearly 3% higher on Tuesday as hopes that a COVID-19 vaccine is on the horizon outweighed worries about a…
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Nasdaq retreats as technology stocks lose favour
NEW YORK (Nov 11): The Nasdaq closed 1.4% lower and the S&P dipped slightly on Tuesday as investors sold off technology stocks that benefited from…
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Short sellers lost billions as travel and leisure stocks rallied Monday
LONDON/NEW YORK (Nov 11): Short sellers betting against European and U.S. travel, leisure and bank stocks lost billions of dollars on Monday, after news of…
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Long forgotten big cap stocks in focus amid vaccine optimism
KUALA LUMPUR (Nov 11): The knee-jerk reaction to the ray of hope that Covid-19 vaccine will be available sooner than later has prompted investors, particularly…
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XE Market Analysis: Europe – Nov 09, 2020
The dollar has posted fresh trend lows, continuing last week’s weakening theme. It’s notable that the dollar has continued to decline despite Friday’s unambiguously solid U.S. jobs report and that it has remained heavy in the new week, which is revelatory of where sentiment is with regard to the U.S. currency. The ongoing dollar weakness […]
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XE Market Analysis: North America – Nov 09, 2020
The dollar posted fresh lows, continuing last week’s theme as global stock markets and commodity prices surged. EUR-USD posted an eight-week high at 1.1899, while the DXY dollar index concurrently printed new two-month low at 92.13. Sharp weakness in the Japanese currency saw USD-JPY buck the dollar weakening theme. The pair rose by over 0.5% […]