Stocks upbeat, dollar wobbles as Fed hike bets recede
SINGAPORE: Stocks were off to a strong start on Monday while the dollar edged lower and bonds steadied, as investors trimmed bets on an aggressive policy tightening cycle by the Federal Reserve following cooler-than-expected US jobs data.
FBM KLCI makes mild rebound after weak US jobs data
KUALA LUMPUR: The FBM KLCI rose slightly following the weak US jobs data that helped to rein in inflation expectations and gave credence to a pause in the Federal Reserve's rate hikes.
EGHI to raise funds via IPO
PETALING JAYA: EGH International Bhd (EGHI) is seeking to raise funds via an initial public offering (IPO) involving 240 million new shares and an offer for sale of 120 million existing shares at 16 sen each.
Spiking bond yields to test US stocks strength
NEW YORK: Investors head into a part of the calendar that tends to be upbeat for US stocks, but that seasonal strength is under threat from a number of challenges, including a surge in bond yields and the market's apparent dependence on massive artificial intelligence (AI) spending.
FBM KLCI ekes out gains but ends week 2.3% lower
KUALA LUMPUR: Bursa Malaysia eked out a marginal gain on Friday, but the FBM KLCI still ended the week firmly in the red amid a broadly weaker regional market.
Indonesian stocks head for worst week since June on new rule
Indonesian stocks were headed for their worst week in over three months on Friday, weighed down by a new exchange rule, while regional currencies were set for weekly losses as rising US yields and a strong dollar kept investors cautious.
Tech stocks in focus amid bargain hunting at midday
The benchmark FBM KLCI was up 5.44 points or 0.33% to 1,635.80 points at the midday break as investors continued to stay on the sidelines awaiting key US jobs data later tonight that could influence the US Federal Reserve's monetary policy.
Asian shares fall after wild swings in bonds, FX before US jobs data
SYDNEY: Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices elevated.
Malaysia enters 4Q26 on firm footing, growth opportunities beckon
KUALA LUMPUR: Malaysia enters the fourth quarter of 2026 with resilient economic fundamentals, although elevated global yields, oil prices and continued foreign fund outflows could keep market sentiment cautious, according to Malacca Securities.
Bursa Malaysia rebounds in early trade, investors remain cautious
KUALA LUMPUR: Bursa Malaysia rebounded in early trade on Friday, tracking Wall Street's overnight recovery, although analysts expect investors to remain cautious and selective amid lingering concerns over US bond yields and oil prices.
