Billionaire Gautam Adani's group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments
The MSCI Pakistan Index, according to Wood's note, is trading on 3.7x forecast 2023 consensus earnings and a 2023 forecast dividend yield of 10.2 per cent
Investors have wiped about $7 billion off Saudi National Bank's market value amid growing concern over the lender's plans to purchase a stake in Credit Suisse Group AG
Analysts at Morgan Stanley see EM equities 'struggling' in 2022 as they battle gradual tightening of global and local monetary conditions and several other idiosyncratic headwinds
The stock recouped most of the day's losses after some brokerages pointed out that the reduction in weightage could be on account of an error in computation
Over a half of those surveyed said they were holding more than 5 per cent of their AUM in cash. Also, 51 per cent of the respondents do not plan to change the level of their cash holdings in the near