Tag: Stock Market

Trump Media & Technology Group Corp. sees a rare uptick in its stock price, with shares rallying 15.6% after days of decline. Despite recent losses, Donald Trump's equity stake recovers about $280 million in paper gains. Meta Description: Trump Media & Technology Group Corp. experiences a notable stock rally, gaining 15.6% amidst broader market decline. Despite recent setbacks, Donald Trump's equity stake sees a rebound of $280 million in paper gains.

Bursa Malaysia, UMW, and Maybank are partnering to develop a centralized sustainability platform that will help listed companies enhance ESG disclosures, track carbon emissions, and support green financing initiatives. Created with London Stock Exchange Group, the platform aims to accelerate decarbonization across corporate supply chains.

Tesla receives Malaysian approval to import electric vehicles, triggering a stock market surge. EV-related companies like KESM Industries, Pentamaster, and Genetec Technology see significant share price increases, reflecting market excitement about Tesla's strategic expansion into Malaysia.[100 words]

Bursa Malaysia closed 1% lower with 629 losers versus 347 gainers. The ringgit rose to a three-month high at 4.4760, up 0.43% against the US dollar. Foreign investors bought RM341 million in stocks, signaling potential market recovery and interest in upcoming political and economic developments.

Bursa Malaysia concluded Wednesday's trading session with a slight upward movement, gaining 3.08 points to close at 1,491.35. The local market saw mixed performance with more losing stocks than gainers, while the Malaysian ringgit weakened to its lowest point against the US dollar since 1998, trading at 4.5028.

Asian stock markets show mixed performance as investors await crucial US employment data. Shanghai and Seoul advanced, while Tokyo and Hong Kong retreated. The August jobs report may influence Federal Reserve's strategy on interest rates and inflation management.[100 words]

Standard Chartered Malaysia introduces SmartStocks, a revolutionary online share trading platform that allows Malaysian investors to access 12 international stock exchanges through a single account. The platform offers low transaction fees, particularly for Priority Private clients, addressing the challenges of global market access for retail investors.

Russia plans to resume limited stock trading nearly a month after the market crashed following the Ukraine invasion. Trading will be allowed for 33 companies in the MOEX Index, including Gazprom, Aeroflot, and Rosneft, with heavy restrictions to prevent massive selloffs.

Asian stock markets rose moderately on Wednesday as investors await the Federal Reserve's anticipated interest rate increase. Japan's Nikkei 225 jumped 1.7%, while Hong Kong's Hang Seng rose 2.1%. The Fed is expected to raise rates by 0.25 percentage points, marking the first increase since 2018 and potentially signaling a series of future hikes to combat high inflation.

Asian stocks fell on Tuesday as COVID-19 cases in China and ongoing Ukraine war concerns weighed on markets. MSCI's Asia-Pacific index dropped 1.97%, with Chinese stocks leading losses, reflecting broader economic uncertainties and potential demand disruptions.