Page 45 - Equities News Today

KUALA LUMPUR: Investors ramped up the buying of blue chips on Bursa Malaysia as recent inflation data coming out of the eurozone helped to refresh optimism over potential rate cuts, while robust manufacturing data led confidence in global growth.

KUALA LUMPUR: Bursa Malaysia pulled back following a sharp sell-off on Wall Street overnight amid diminishing hopes of a cut to the US lending rate in June.

KUALA LUMPUR: The FBM KLCI opened lower on Tuesday as the positive momentum on the domestic market took a breather following a solid 1Q rally.

The average daily turnover in the equity cash segment of the National Stock Exchange (NSE) experienced a notable decline of 13.33 percent Month on Month (MoM), reaching ₹1.02 lakh crore. This decline marked the most significant drop since October 2023.

European stocks hit new all-time highs, oil and gold gain

S&P 500 could only move sideways thanks to hot GDP, and the heavy buying into the close was equally decisively reversed.

KUALA LUMPUR: The FBM KLCI started second-quarter trading on a positive note, bolstered by reassurances from the US Federal Reserve the inflation rate is moderating as expected.

PETALING JAYA: Whenever the US market surges, Asian markets including the Malaysian bourse will move in tandem although the gains may not be as much.

Indian companies in FY24 showed a preference for the bond market over equities for fundraising. Privately placed corporate bonds reached Rs 9.77 lakh crore, while equity fundraising totaled Rs 1.26 lakh crore, with Rs 66,806 crore from QIPs.

Atul Mehra becomes Axis Capital MD and CEO, with Parag Gude and Dhaval Desai joining. Emphasis on strengthening investment banking and equities. Axis Capital maintains leadership amid global recognition of Indias potential.