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KUALA LUMPUR: Foreign selling battered the local stock market on Monday but the FBM KLCI managed to recoup half of the losses in early Tuesday trade as investors sought out hammered-down blue chips.
KUALA LUMPUR: Bursa Malaysia eked out slight gains on Monday, the final trading day for November, amid the flurry of the July-September quarterly results which were mostly better sequentially.
KUALA LUMPUR: After the retail investor driven rebound on Bursa Malaysia on Thursday, blue chips made a slight retreat with some mild profit taking of Genting, Genting Malaysia and Public Bank in early Friday trade.
KUALA LUMPUR: Bursa Malaysia was given a boost on Thursday after the RM322.5bil federal budget, the nation's largest ever, was passed despite a call by the Opposition for bloc voting.
KUALA LUMPUR: Ekovest, GD Express Carrier, Telekom Malaysia, Malaysian Pacific Industries and IJM Corp are among the stocks which could see trading interest following their corporate announcements, TA Securities Research said on Thursday.
KUALA LUMPUR: Malaysia Pacific Industries Bhd (MPI), a semiconductor company, reported a surge in quarterly profits boosted by improved margin amid higher demand from clients in Asia and the US.
KUALA LUMPUR: Blue chips managed to recoup all of their previous day’s losses on Wednesday as investor sentiment was bolstered by strong key Asian markets, with Public Bank and Telekom Malaysia underpinning the FBM KLCI’s advance.
KUALA LUMPUR: Bursa Malaysia staged a rebound in early Wednesday trade, tracking the overnight rally on Wall Street, with Public Bank and Hong Leong Bank underpinning the FBM KLCI’s gains.
KUALA LUMPUR: Bursa Malaysia recorded more than 1,000 counters in the red at the close on Tuesday on concerns about the ability of the government to get a majority of the MPs to support the Budget 2021 proposals on Thursday.
KUALA LUMPUR: Petronas Dagangan and Petronas Gas helped shore up the FBM KLCI at midday on Monday but banks slipped ahead of the voting on the Budget 2021 at Parliament this Thursday.