Malaysian market sentiment affected by confluence of factors


Macro-news flows may determine market direction with some elements of window-dressing towards year-end.

PETALING JAYA: Market sentiment remained wary after Monday’s rout, as disappointing corporate earnings, a weaker ringgit, lower commodity prices and cooling factory orders in China and the eurozone kept investors mostly on the sidelines.

The benchmark 30-stock FTSE Bursa Malaysia KL Composite Index (FBM KLCI) closed 7.7 points or 0.43% higher at 1,785.97 on mild bargain hunting, with the broader market’s performance mixed. There were 439 gainers versus 400 losers, while 313 other counters were traded unchanged.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IOI Properties plans REIT listing backed by RM7.58bil assets
Oil set for largest weekly loss in 10 months after ceasefire
ADFIM advises customers to seek DFI support early amid uncertainties
EcoBuilt proposes diversification into property, building materials trading
Infomina secures RM23.5mil IRB contract for data warehouse support
Silver Ridge unit bags RM4.36mil subcontract in Sri Damansara
Ringgit closes higher against major, Asean currencies
UOB Malaysia to support customers amid geopolitical uncertainties
SMG invests RM99.4mil in Australian office fund
West River unit secures RM25.2mil data centre subcontract

Others Also Read