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KUALA LUMPUR: Blue chips closed weaker on Thursday as investors continued to be cautious, dragged by declines in IHH Healthcare, Maybank and Sime Plantation.
KUALA LUMPUR: Blue chips extended their decline in early Thursday trade in the absence of strong fund leads for investors but tech-related stocks offered some glimpse of opportunity.
KUALA LUMPUR: Consumer stocks topped the losers' list on Wednesday as investors stayed cautious due to the lack of convincing catalysts while the FBM KLCI closed below the key 1,600.
KUALA LUMPUR: Plantations weighed on the FBM KLCI at the midday break on Wednesday as crude palm oil (CPO) futures shed their gains while oil and gas heavyweights slipped as prices fell.
KUALA LUMPUR: Petronas Dagangan and Petronas Chemicals saw most of their previous day’s gains evaporate early Wednesday after Saudi Arabia reported it was restoring production after the weekend drone attacks.
KUALA LUMPUR: Petronas-linked stocks gave the FBM KLCI the much needed boost on Tuesday and nudged the FBM KLCI over the crucial 1,600 level but selling of Tenaga Nasional on the adverse impact from possible reforms held the gains in check.
KUALA LUMPUR: Bursa Malaysia gave up some of the early gains on Tuesday to end the morning session in the red, tracking the cautious key Asian markets, on worries about a breakout of war.
KUALA LUMPUR: The FBM KLCI slipped into negative territory by midday as profit-taking set in over the course of the morning session.
KUALA LUMPUR: Local fund buying of Petronas-linked stocks and a mild rebound in the hammered-down Axiata Group enabled the FBM KLCI to close above the key 1,600 level amifd a mixed broader market.
KUALA LUMPUR: Selling pressure on Axiata and Digi, after the proposed merger fell through, weighed heavily on the FBM KLCI on Tuesday.