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KUALA LUMPUR: Hibiscus Petroleum led penny oil and gas stocks higher in active trade on Wednesday, riding on fresh corporate news and the oil price rally, which was near its largest third-quarter gain in 13 years.
KUALA LUMPUR: Blue chips started Wednesday in the red again, the third consecutive day for this week, as investors stayed on the sidelines while the selling was seen picking up on CIMB and Genting Bhd.
KUALA LUMPUR: Blue chips closed mostly lower on Tuesday on profit taking especially of CIMB Group and IHH Healthcare and Genting Malaysia as investors ahead of the outcome of the US Fderal Reserve meeting this week.
KUALA LUMPUR: The FBM KLCI dipped into the red in Tuesday morning trade as Asian markets were dampened by uncertainty over the Federal Reserve meeting to be held on Tuesday even as Wall Street reached hit record highs overnight.
KUALA LUMPUR: Bursa Malaysia was the only market which ended Monday in the red comapred with the key Asian markets, dragged down by losses in IHH Healthcare and Genting Malaysia while the broader market was mixed.
KUALA LUMPUR: Blue chips started the new week on a cautious note in line with key Asian markets ahead of the US Federal Reserve meeting, with Hong Leong Bank and CIMB and Sunway among the major decliners.
KUALA LUMPUR: Late fund buying of Genting Malaysia and Genting Bhd helped power the FBM KLCI into the positive zone on Friday while trading value exceeded the volume for the first time in many trading days.
KUALA LUMPUR: Bursa Malaysia closed lower on Thursday as Genting Bhd and IOI Corp's losses weighed on the FBM KLCI while Globetronics extended its losses for the second day after it was downgraded.
KUALA LUMPUR: The initial exuberance on Bursa Malaysia faded on Wednesday as investors turned cautious amid the mixed key Asian markets despite the record close on Wall Street but the ringgit advanced against several key currencies.
KUALA LUMPUR: Fund buying of key stocks Petronas Gas, IHH Healthcare and Maybank helped underpin the FBM KLCI's strong closing on Tuesday while overall trading volume on Bursa Malaysia rose to the highest since late May.