Market Trend


  • Go to
Market Trend

Late surge dispels correction fears

REVIEW: The FBM KLC remains in a sideways trading channel, capped by uncertain market sentiment, despite a strong rebound yesterday. However, the positive performance helped to dispel fears of further declines as the index had exited below the 200-day simple moving average (SMA) just a day earlier.

Market Trend

No breakthrough yet for stock market

REVIEW: There was a profit-taking mood on Bursa Malaysia, which was expected given the more than 40-point advance over the last two trading days of the previous week.

Market Trend

Promising end to the week

REVIEW: When America sneezes, the world catches a cold. The expression seemed especially apt for the week’s turbulent trading action as investor sentiment hinged on the health and whims of the US president ahead of the country’s elections.

Market Trend

Bursa remains in consolidation mode

: The FBM KLCI struggled to pick up any speed above the 1,600 line.

Market Trend

KLCI extends sideways pattern

There were some upward movements on the FBM KLCI over the past week, with much of the gains powered by glove counters as the index moved past 1,600 points.

Market Trend

Thematic plays continue

REVIEW: A rotation of investor interest out of glove stocks and into pharmaceutical plays dominated trading action on Bursa Malaysia earlier in the week amid reports that the world was inching closer to a Covid-19 vaccine discovery.

Market Trend

Bursa Malaysia resumes recovery trend

REVIEW: Concerns over a growing health crisis in the world’s largest economy is largely being offset by expectations that markets will be awash with liquidity as major central banks pull out all the stops in reinvigorating the global economy.

Market Trend

FBM KLCI gives way to correction

REVIEW: The slide below 1,500 points came on Thursday, serving as a breach of the crucial support, which was further affirmed with Friday’s continued decline.

Market Trend

New cases, new fears

REVIEW: It was a sombre reminder despite the optimism in global equity markets over recent weeks that we are not out of the woods yet.

Stories You'll Enjoy