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Hot India property stocks seen extending run on demand surge

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Bloomberg Recent weakness in India’s red-hot property stocks could be short-lived as record low interest rates and an economic recovery from the pandemic fuel demand from an increasingly affluent middle class. That’s the view from market watchers, who see large listed firms emerging as biggest beneficiaries amid an ongoing consolidation in $200 billion sector. While the S&P BSE Realty Index ...

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Jardine’s Singapore stocks dropped $5bn

Bloomberg Jardine Matheson Holdings Ltd group stocks have turned from some of Singapore’s best performers to the worst this year amid a resurgence of coronavirus infections in Southeast Asia. Shares of the venerable trading firm, which gets more than half of its annual revenue from Southeast Asia, dropped 8.6% last month, ranking it among the worst performers on the Straits ...

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ADX waives its minimum commission fee on trading

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ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) has announced it waived its minimum commission fee on trades in all listed securities starting from August 31 to further encourage market participation among individual investors on one of the best performing markets in the world this year. The decision follows the announcement of a 50% reduction in trading commissions ...

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