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KUALA LUMPUR: Blue chips snapped their recent losing streak on Thursday but it was not the best performance investors hoped for due to some late selling of selected stocks.
KUALA LUMPUR: Blue chips closed on a weak note on Wednesday as late selling of CIMB and Petronas Gas dragged the FBM KLCI deeper into the red while key Asian markets were mixed.
KUALA LUMPUR: Bursa Malaysia was the only market among the regional Asian markets to end in the red on Monday on continued foreign fund selling despite a firmer economic outlook.
KUALA LUMPUR: Blue chips slipped into negative territory early Monday, weighed down by Axiata and Digi on concerns that the merger of Axiata and Telenor ASA could have hit a snag.
KUALA LUMPUR: Blue chips ended Friday on a slighter weaker note with the benchmark FBM KLCI below the important 1, 600 level on losses by Sime Plantation and Maybank despite firmer economic data and stronger ringgit.
KUALA LUMPUR: Blue chips continued to lose ground and the FBM KLCI continued to slide below the key 1, 600 level on Friday on mixed signals from the US and China.
KUALA LUMPUR: Late fund buying of Sime Plantation and Tenaga enabled the FBM KLCI to close off Thursday's intra-day low but the broader market remained weak with banks among the decliners ahead of the Q2 GDP data on Friday.
KUALA LUMPUR: Kenanga research said Wilmar International's 2Q19 core net profit came in broadly wtihin expectations at US$111mil, which represents 40% and 38% of its and consensus full-year estimates respectively.
KUALA LUMPUR: Blue chips staged a relief rebound on Wednesday led by CIMB and Dialog, tracking the key Asian markets, after the US delayed tariffs on some Chinese goods.