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Axiata Group Berhad (6888.KL)
| Previous close | 2.8400 |
| Open | 2.8500 |
| Bid | 2.9000 x 0 |
| Ask | 2.9100 x 0 |
| Day's range | 2.8500 - 2.9300 |
| 52-week range | 2.1600 - 3.0100 |
| Volume | |
| Avg. volume | 6,282,728 |
| Market cap | 26.628B |
| Beta (5Y monthly) | 0.59 |
| PE ratio (TTM) | 41.43 |
| EPS (TTM) | 0.0700 |
| Earnings date | 30 May 2024 |
| Forward dividend & yield | 0.10 (3.52%) |
| Ex-dividend date | 21 Mar 2024 |
| 1y target est | 2.78 |
- Reuters SG
EMERGING MARKETS-Most Asian stocks climb on China property support plans; FX steady
Last week, China unveiled "historic" steps to stabilise its crisis-hit property sector, although economic data indicated a patchy recovery for the world's second-largest economy. Stocks in Indonesia reversed course to trade 0.2% lower. A Reuters poll showed that the Bank Indonesia will likely keep its key interest rate on hold through the next quarter to support a weak rupiah.
- Reuters SG
EMERGING MARKETS-Most Asian stocks jump on China support for property sector; FX steady
(.) * Malaysian stocks hit over 3-year high * China stocks scale over 8-month high * Indonesia rate decision due on Wednesday By John Biju May 20 (Reuters) - Most Asian stock markets advanced on Monday while currencies held steady, as investor sentiment was bolstered by China's latest measures to support its beleaguered property sector. Last week, China unveiled "historic" steps to stabilise its crisis-hit property sector, although economic data indicated a patchy recovery for the world's second-largest economy. "We believe the policy package is just the beginning of the central government's efforts to turn the sector around; there could be more policy support to be introduced in the near term," Nomura analysts wrote in a note.
- Reuters SG
Malaysian telco Axiata to sell Myanmar telco tower business for $150 mln
Malaysian telco conglomerate Axiata Group will dispose of its entire holding in Edotco Myanmar Ltd for $150 million, the company said late on Thursday, in a move signalling its exit from the telco tower business in Myanmar. Axiata said edotco Investments (Labuan) Ltd, a wholly owned subsidiary of its telco tower arm Edotco Group, had agreed to sell its entire 87.5% stake in Edotco Investments Singapore Pte Ltd, the sole shareholder of Edotco Myanmar. "Decision to exit Myanmar was made due to deteriorating macroeconomics and operating environments in Myanmar," Axiata said.
