Asia’s first ETF tracking Saudi equities debuts in Hong Kong

[ad_1] HONG KONG: A new exchange-traded fund (ETF) tracking Saudi equities made its trading debut in Hong Kong on Wednesday, becoming the first product of its kind in Asia amid…

Bursa returns to the red as investors quick to take profit

[ad_1] KUALA LUMPUR: Malaysia’s stock index slid into the red going into the lunch break as investors remained by the sidelines in the hope that the US Federal Reserve has…

Foreign funds continue to pick up Malaysian equities

[ad_1] KUALA LUMPUR: The inflow of foreign funds into Bursa Malaysia continued for a fourth straight week to the tune of RM382.8mil, significantly higher than a net inflow of RM172.4mil…

Market looks steady as global equities head towards big monthly gains

[ad_1] Wall Street benchmarks, on Friday,  secured weekly increases, with global stocks heading towards their most substantial one-month surge since November 2020. This occurred in a truncated and subdued trading…

Wall Street Ahead: Market looks steady as global equities head towards big monthly gains

[ad_1] Wall Street benchmarks, on Friday, secured weekly increases, with global stocks heading towards their most substantial one-month surge since November 2020. This occurred in a truncated and subdued trading…

Bursa heads into the red as investors await new leads

[ad_1] KUALA LUMPUR: Bursa Malaysia turned south over the course of morning trading as investors sought out new leads after having digested recent global developments. While Malaysia’s inflation report in…

FPI ownership of Indian equities drops to a decadal low of 16.6% in 2023, selloff triggered by portfolio underperformance & spike in US bond yields

[ad_1] Sell-off by FPIs has been triggered by the underperformance of preferred stocks and outperformance in their least preferred sectors. Drop in FPI ownership comes as a surprise to analysts…

Profit-taking expected after Fed minutes show ongoing caution

[ad_1] KUALA LUMPUR: Gains on Bursa Malaysia may not be sustainable despite a rally in the previous session to snap a losing streak as investors weigh the possibility of the…

Stocks in Asia hit 2-month high, dollar defensive on Fed view

[ad_1] SINGAPORE: Asian shares climbed to fresh two-month highs on Tuesday, taking cues from a rally on Wall Street while the dollar languished near its lowest in two-and-a-half months on…

Bursa, Asian markets track US rally

[ad_1] KUALA LUMPUR: Bursa Malaysia was spurred on by a rally in regional markets following Wall Street’s overnight rally and general optimism that the Federal Reserve’s rate hikes were over.…