Recent and archived articles by Joseph Chin
KUALA LUMPUR: Construction stocks advanced on Monday with Ekovest and Iskandar Waterfront City (IWC) taking the lead after the government revived the Bandar Malaysia development.
KUALA LUMPUR: Blue chips closed Thursday off their intra-day lows as local funds were seen mopping up oversold banking stocks but key Asian markets ended mostly in the red on profit taking and due to trade tensions.
KUALA LUMPUR: Negative news continued to weigh on investors’ confidence as the FBM KLCI continued to slide below the lowest level since December 2016, with Maybank, Hong Leong Bank and Public Bank bearing the punishment.
KUALA LUMPUR: A slide in Maybank and Tenaga Nasional shares sent the FBM KLCI to the lowest close since December 2016 while the ringgit extended its decline against the US dollar.
KUALA LUMPUR: Blue chips got off to a cautious start on Wednesday in the absence of any strong firm leads from funds with KL Kepong and Axiata weighing on the FBM KLCI.
KUALA LUMPUR: Blue chips notched slim gains early Tuesday as some buying of KL Kepong and Genting Bhd underpinned the FBM KLCI’s advance but the overall market was lacklustre.
KUALA LUMPUR: Blue chips closed marginally higher on Monday thanks to some nibbling on Petronas Chemicals, Maxis and Sime Darby but the broader market was weaker in the absence of strong fund and retail buying interest.
KUALA LUMPUR: Blue chips ended Friday on a firmer note as Tenaga Nasional managed to recoup about half of its previous days losses and MAHB climbed on the extension of its contract to managed the country's airports.
KUALA LUMPUR: Tenaga Nasional managed to stage a rebound early Friday to help shore up the FBM KLCI following the selldown the previous day.
KUALA LUMPUR: Tenaga Nasional came under selling pressure on Thursday after its major shareholder Khazanah Nasional disposed of 85 million shares for RM1bil.