Recent and archived articles by Joseph Chin
KUALA LUMPUR: Investors' hopes of a firmer close for Bursa Malaysia evaporated as late selling pressured by foreign funds on key stocks including Sime Plantation, Tenaga Nasional and IHH Healthcare sent the FBM KLCI below the key 1,600 level.
KUALA LUMPUR: Blue chips managed to edge higher early Friday after an initial slump, with Petronas-linked stocks, Genting and Tenaga Nasional shoring up the FBM KLCI.
KUALA LUMPUR: Blue chips closed lower on Thursday amid a weakening broader market, tracking the key Asian and European bourses as worries about the costs of the rising US-China trade war weighed on investor sentiment.
KUALA LUMPUR: Dayang Enterprise Holdings Bhd’s managed to reduce its net losses in the first quarter ended March 31, 2019 as work orders picked up and it expects to perform better with an order book of nearly RM3bil and firm oil prices.
KUALA LUMPUR: Bursa Malaysia got off to a weak start on Thursday with the FBM KLCI falling more than 0.8% as Petronas-linked stocks and Public Bank lost ground.
KUALA LUMPUR: Foreign selling of key stocks including IHH Healthcare and Genting in afternoon trade on Tuesday pushed the FBM KLCI into the red though Tenaga and RHB Bank help provided some support.
KUALA LUMPUR: Tech-related stocks fell in early Tuesday trade, following the overnight slump of the Nasdaq on growing worries about the fallout from the US imposed curbs last week on China's Huawei.
KUALA LUMPUR: Blue chips ended Friday off their day's best while trading volume shrank ahead of the long weekend as the volatile US-China trade conflict continued to weigh on investor sentiment.
KUALA LUMPUR: Blue chips managed to chalk up some gains early Friday with Petronas Dagangan and KL Kepong taking the lead, encouraged by the firmer key Asian markets, after the late selldown the previous day.
KUALA LUMPUR: Late selling pressure on Public Bank, Maybank and Tenaga Nasional forced the FBM KLCI to close below the key 1,600 level on Thursday while Leong Hup International ended its first trading day unchanged.