|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||1.1000 - 1.1000|
|52-week range||0.6600 - 1.1000|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||11.46|
|Forward dividend & yield||0.04 (3.59%)|
|Ex-dividend date||28 Sep 2021|
|1y target est||N/A|
Jakarta and Singapore equities opened lower before gaining 0.2% and 0.4%, respectively, while South Korea and Malaysia shares trimmed losses. Evergrande wired funds to a trustee account on Thursday for a dollar bond interest payment that had been due on Sept. 23, a source told Reuters, which eased some worries about its problems spilling over into China's real estate sector and the broader economy. "Evergrande's reported bond coupon payment is a positive development towards supporting market sentiment for the immediate term," said Han Tan, chief market strategist at Exinity.
Citigroup has hired Varun Matta, a banker from CIMB Group, for a newly created role covering technology, media and telecoms investment banking in Southeast Asia as regional dealmaking hits a record. "Asean is home to some of the fastest growing TMT companies globally and we are further intensifying our focus on this sector with this key hire to support our client-led growth across South East Asia," Jan Metzger, Citi's head of Asia Pacific banking, capital markets and advisory, said in an email.
A Malaysian e-wallet operator owned by CIMB Group and China's Ant Group is in advanced talks with investors to raise at least $150 million to fund expansion plans, four sources familiar with the matter said. The coronavirus pandemic has propelled demand for digital payment services around the world, but Malaysia's market is particularly competitive with nearly 50 players. The venture, TNG Digital Sdn Bhd, says its Touch 'n Go e-wallet is the country's biggest with more than 15 million registered users.