Taking a look into the retail investment surge 13 Apr 2021 / 01:41 H.
PETALING JAYA: With the surge in retail investment driven by the Covid-19 pandemic, there is a typical narrative of changes of opportunity cost, increase in investable income - from mortgage moratorium and other stimulus actions, coupled with the lack of other opportunities which has been driving this trend, said University of Southern California senior economist and Institute for Capital Market Research (ICMR) Malaysia research fellow Dr Joanne Yoong.
Zooming in on those who are investing for the very first time, she noted that there is a story of social media, peer effects and unprecedented access.
Updated Apr 13, 2021 | 13:11 IST
Infosys shares were trading 2.76% lower at Rs 1,387.80 apiece in the afternoon trade. This is on top of Monday s 1% correction in the stock. Representational image
New Delhi: Infosys, India s second-biggest outsourcer, is likely to announce a share buyback in the range of $1.2 billion to $1.9 billion (Rs 9,000 crore to Rs 14,000 crore) tomorrow (Wednesday) when its board meets to take a decision on the proposal.
“The last two buybacks were through open market so they are likely to continue doing that. The size would be Rs 8,000 crore to Rs 10,000 crore, not more than that, the
Economic Times quoted Neerav Dalal, research analyst at Maybank Kim Eng Securities as saying.
Singapore's economy is expected to contract only slightly in the first quarter as activity continues to recover from a pandemic-induced shock, a Reuters poll showed, with the central bank expected to stay pat at its policy review next week.
Challenging year for palm oil refiners thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Infosys: Infosys likely to go for a $1 2-1 9 billion buyback indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.