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wall street

A collection of 6 posts

What's new in the markets?

What's new in the markets?

The FBM KLCI ended higher on Thursday following buying interest in selected heavyweights while Wall Street ended sharply higher in signs markets are revitalising. The benchmark index increased 0.71% or 11.33 points to end at 1,597.31 with gainers led by PCHEM, PMETAL and RHBBANK. Market breadth

New from the market front. Green zone maintained

New from the market front. Green zone maintained

Since the start of the war in Ukraine, the market is still hovering within green territory. The FBM KLCI closed in green territory on Wednesday session amid negative external sentiment. The benchmark index was up 0.10% or 1.66pts to close at 1,598.10 with gainers led by

What happened to Facebook and Wall Street's winning streak?

What happened to Facebook and Wall Street's winning streak?

As Facebook’s prediction halts the tech-led comeback, Wall Street’s winning streak comes to an end. Facebook underperformed on profits but outperformed on revenue. The number of monthly active users was 2.9 billion, which was in line with analysts’ expectations. Facebook (Meta) measures the amount of its global

KLCI bucked regional trend to end higher

KLCI bucked regional trend to end higher

The FBM KLCI bucked the regional trend to end higher for 3 straights sessions. The benchmark index was up 14.12 points to close at 1,564.29. Gainers were led by MAYBANK, HLBANK, RHBBANK. Market breadth was negative with 357 gainers against 639 losers. Total volume stood at 4.

U.S. stock market value grew by $8 trillion during the first three quarters of 2021

U.S. stock market value grew by $8 trillion during the first three quarters of 2021

With the United States economy facing uncertainty due to the long-term impact of the pandemic and other factors like skyrocketing inflation, the stock market appears to be thriving. The market’s growth is exhibited by the valuation that has continued to surge in 2021. According to data acquired by Finbold,

financial regulations

HOW WE SEE IT: Disruptive Trump faces isolation

Kuala Lumpur — From Iran, to Australia and with the tech companies’ legal brief opposing his ‘Muslim ban’, US President Donald Trump is stealing the headlines, but his rogue mannerism may see him end up in isolation while in power. Though no one could predict the backlash against Trump from the