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.

19 Jan

Asia shares drop as Treasury yields hit fresh highs

TOKYO (Jan 19): Asia's share markets struggled on Wednesday as U.S. Treasury yields hit fresh two-year highs and a global technology stock sell-off unsettled investors worrying about inflation and bracing for tighter U.S. monetary policy.
read more
19 Jan

DNeX, Ekovest, Affin Bank

KUALA LUMPUR (Jan 19): theedgemarkets.com highlighted three stocks with momentum at Bursa Malaysia’s afternoon close on Wednesday (Jan 19). Two indicated positive momentum, while one displayed negative momentum.
read more
19 Jan

Oil hits seven-year highs as global unrest stokes supply jitters

NEW YORK (Jan 19): Oil prices on Tuesday (Jan 18) climbed to their highest since 2014 as investors worried about global political tensions involving major producers such as the United Arab Emirates (UAE) and Russia that could exacerbate the already tight supply outlook.

read more
19 Jan

Stocks sink, notably tech, as Treasury yields jump

NEW YORK/LONDON (Jan 19): Benchmark US Treasury yields jumped to two-year highs and equity markets tumbled on Tuesday (Jan 18), with the Nasdaq falling more than 2%, as traders braced for the US Federal Reserve (Fed) to tackle fast-rising inflation by tightening monetary policy.

read more
19 Jan

Wall St sinks as yields spike, financials fall after Goldman miss

BENGALURU (Jan 19): Wall Street's main indices fell sharply on Tuesday (Jan 18) as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as US Treasury yields rose to milestones.
read more
17 Jan

Early rate hikers hit jackpot as local bonds trounce dollar debt

(Jan 17): Emerging-market central banks were the first in the world to raise interest rates from their pandemic lows last year. That proactive tightening is starting to pay off big time in boosting returns from their local bonds.
read more
17 Jan

EcoFirst, Imaspro, PTT Synergy

KUALA LUMPUR (Jan 17): theedgemarkets.com highlighted three stocks with momentum at Bursa Malaysia’s afternoon close on Monday (Jan 17). Two indicated positive momentum, while one displayed negative momentum.
read more
17 Jan

BNM seen raising OPR by 100 basis points between 2022 and 2023 — HSBC

KUALA LUMPUR (Jan 17): HSBC said on Monday (Jan 17) Bank Negara Malaysia (BNM) is expected to hike the overnight policy rate (OPR) by 100 basis points between 2022 and 2023 in anticipation of Malaysia's firmer labour market and higher inflation and as Asia is seen registering stronger domestic demand as the world economy recovers from the impact of Covid-19-driven movement restrictions.
read more
17 Jan

Shell Malaysia forges partnerships to expedite energy transition

Less than a year into his new role, Shell Malaysia chairman Ivan Tan has set his sights firmly on steering the oil and gas company on a transformational journey to become a net zero emissions energy business.
read more