Kazakhstan’s First IPO on US Stock Exchange: JSC Kaspi.kz

The first company from the Central Asian country of Kazakhstan to list on the NASDAQ exchange is Kazakhstan JSC Kaspi.kz. Kaspi is a fintech company that been in business for many years. JSC stands for Joint Stand Company. Kaspi started trading on the NASDAQ under the ticker KSPI with the IPO price at $92.00 per …

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IMF: US Commercial Real Estate Remains a Risk

The US Commercial Real Estate sector remains a risk despite despite investors’ hopes for a soft landing, according to an article by IMF posted last month. According to the Mortgage Bankers Association, some $1.5 Trillion of commercial real estate debt is maturing in the next two years. About one-fourth of this debt is in office …

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On The Challenges Faced By The Magnificent Seven Stocks

The Magnificent Seven have had a great run in recent years including last year. They continue to remain strong and some have shot up even further so far this year. For example, Meta Platforms (META) soared over 20% this past Friday after great 4th quarter earnings and the announcement of a dividend payment. Meta had …

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Why Staying Invested for the Long Term is Important: Canadian Example

Equity markets in most countries go through periods of bull and bear markets on a regular basis. Bull markets propel valuations to astronomical levels sometimes and that leads to a eventual plunge. Bear markets, though painful, are not a time for investors to thrown in the towel. The recent decline during the Covid-10 pandemic was …

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