Market News & Events

 

Market News & Events

We will update you with the latest information on events or seminars organised by us, Bursa and other related organizer that will benefit you.

25 Jun

Nike forecast for online sales boom, post-lockdown demand drives shares up 13%

BENGALURU/CHICAGO (June 25): Nike Inc on Thursday forecast fiscal full-year sales ahead of Wall Street estimates, betting on its online business, higher demand as lockdowns ease, and its tried-and-tested strategy of limiting stock for popular products
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25 Jun

G Capital emerges as substantial shareholder of LYC Healthcare

KUALA LUMPUR (June 25): G Capital Bhd (GCAP), formerly known as Gunung Capital Bhd, has emerged as a substantial shareholder of LYC Healthcare Bhd after acquiring 22 million shares, or a 5.099% stake, in the healthcare service provider.
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25 Jun

Social network Doximity valued at over US$7 bil as shares jump in debut

ASHEVILLE, North Carolina, US/BENGALURU (June 24): Doximity Inc was valued at over US$7 billion in its market debut on Thursday, as its shares opened more than 58% above their offer price, indicating investor confidence in healthcare-focused technology companies.
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23 Jun

Tech leads tentative rally as Powell soothes markets

SINGAPORE (June 23): Stocks found a footing and swinging bond markets calmed down on Wednesday, with testimony from U.S. Federal Reserve chair Jerome Powell providing investors with reassurance that the central bank has an eye on inflation but is not hastening to hike rates.
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23 Jun

Serba Dinamik share price down after announcing legal action against KPM

KUALA LUMPUR (June 23): Serba Dinamik Holdings Bhd's share price fell about 2% in Bursa Malaysia morning trade today after the engineering solutions provider announced yesterday legal action against its external auditor KPMG PLT for alleged negligence in the course of the audit process for the company.
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23 Jun

Gold ticks up after Powell pledged not to raise rates quickly

BENGALURU (June 23): Gold prices gained on Wednesday after U.S. Federal Reserve Chair Jerome Powell promised not to raise interest rates too quickly based only on the fear of coming inflation, although an uptick in the dollar kept prices in check.
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23 Jun

Bursa lower in early trade, weighed down by Top Glove

KUALA LUMPUR (June 23): Bursa Malaysia was lower in early trade today, with the key index retreating from its mild gains yesterday amid selling among the heavyweights, led by Top Glove Corp Bhd.
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23 Jun

Ringgit opens higher despite stronger US dollar

KUALA LUMPUR (June 23): The ringgit opened higher against the US dollar today despite a strengthening greenback, supported by steady crude oil prices and the positive sentiment brought about by the reaffirmation of Malaysia’s sovereign rating.
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22 Jun

Bursa opens lower but rebounds thereafter on bargain hunting

KUALA LUMPUR (June 22): Bursa Malaysia rebounded from yesterday’s losses across the board as bargain hunting emerged on the back of improved market sentiment.
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