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KUALA LUMPUR: Sustained fund buying of Petronas Chemical, Axiata and Genting Bhd helped push the FBM KLCI to a higher close on Wednesday as trading volume and value surged, tracking the exuberant key Asian markets.
KUALA LUMPUR: The FBM KLCI broke out of its sideways trading channel on Wednesday and hit a 3.5-month high as investors turned more positive over the ongoing US-China trade talks.
HONG KONG: Chinese state media sought to highlight the growing bull case on the country’s shares.
KUALA LUMPUR: Fund buying of Petronas Chemicals and Tenaga Nasional helped power the FBM KLCI above the key 1,700 level, making it the best performer among the key Asian markets on Tuesday.
KUALA LUMPUR: The FBM KLCI passed the 1,700-point mark in the early Tuesday session as an upturn in investor sentiment over global growth lent a lift to equities.
KUALA LUMPUR: Investor sentiment towards Axiata turned positive after the sale of its 28.67% stake in Singapore's M1 Ltd while Dialog Group advanced after its firm earnings and upgrade by analysts.
KUALA LUMPUR: The FBM KLCI retraced some of its earlier gains by midday but remained ahead of the previous close as global equities surged on renewed optimism.
KUALA LUMPUR: Shares of Carlsberg and Dialog were in the spotlight on Friday after their strong set of results but the FBM KLCI closed flat in line with the weaker key Asian markets after China's weak economic data.
KUALA LUMPUR: The FBM KLCI erased earlier gains to end the morning session on a flat note as developments on the external environment turned negative.
KUALA LUMPUR: Bursa Malaysia closed higher on Thursday after the economy in the fourth quarter grew above expectations and Bank Negara expects steady growth for this year.