|Bid||60.80 x 800|
|Ask||63.00 x 1100|
|Day's range||61.25 - 63.10|
|52-week range||45.62 - 75.39|
|Beta (5Y monthly)||1.73|
|PE ratio (TTM)||9.01|
|Earnings date||02 Nov 2022|
|Forward dividend & yield||1.60 (2.53%)|
|Ex-dividend date||16 Nov 2022|
|1y target est||69.88|
The cryptocurrency market cap has fallen below $800bn for the first time since December 2020, as the scandal surrounding the FTX exchange ruptures confidence in the industry.
Asian buyout firm Navis Capital Partners is targeting a $350 million raising in an inaugural credit fund that will provide private lending mainly to Southeast Asian companies, two sources with direct knowledge of the matter told Reuters. The Kuala Lumpur-headquartered private equity firm will make credit investments in sustainable-focused businesses or sectors primarily in Indonesia, Vietnam, Philippines, Laos and Cambodia, the sources added, declining to be named as the matter is confidential. Private credit funds, which have potentially higher returns than bank financing, have gained traction in Asia over the last few years as companies tap alternative funding sources to equity and bank loans.