Major Asian stocks opened higher, before turning mixed, on Tuesday as investors bargain-hunted following sharp falls in the previous session on fears over an economic slowdown. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.31 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