Asian stocks started Tuesday slightly higher after two days of losses and following a positive lead from Wall Street, though traders remain nervous ahead of the Federal Reserve’s interest rate decision later this week. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.73 per cent lower.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of