Recent and archived articles by Joseph Chin
KUALA LUMPUR: Maxis' stronger first quarter results gave the FBM KLCI a boost on Friday but the broader market showed some caution and trading volume shrank to below three billion shares.
KUALA LUMPUR: The major shareholders of Yee Lee Corporation Bhd, which own a combined 58.41% stake, have launched a voluntary takeover to acquire the remaining shares at RM2.33 per share.
KUALA LUMPUR: Blue chips closed sightly lower on Thursday as Tenaga Nasional, CIMB and IHH Healthcare slipped on profit taking while the undertone of the overall market was cautious amid the mixed key Asian bourses.
KUALA LUMPUR: Genting Bhd and Petronas Dagangan helped the FBM KLCI eke out marginal gains early Thursday as investors looked towards institutional players to take the lead.
KUALA LUMPUR: Blue chips extended their gains on Wednesday on some fund buying of IHH Healthcare, CIMB and MISC amid a firmer broader market.
KUALA LUMPUR: Blue chips climbed in early Wednesday trade, powered by gains in Tenaga Nasional, CIMB and RHB Bank, in line with the positive key Asian markets.
PETALING JAYA: Malaysian financial markets have remained resilient while conditions in the capital, foreign exchange (forex) and money markets continue to be orderly, according to Bank Negara and the Securities Commission (SC).
KUALA LUMPUR: Blue chips closed higher on Tuesday, lifted by solid gains in glove makers, a rebound in Tenaga Nasional and some banks as investor sentiment perked up.
KUALA LUMPUR: The FBM KLCI gave up all its hard-earned gains to close in the red on Monday, weighed down by losses in Petronas-linked stocks and telcos despite a stronger broader market.
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.