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KUALA LUMPUR: Shares of Vivocom and GETS Global fell in mid-morning trade on Thursday as the stocks came under selling pressure after the recent rally.
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: Malaysia's blue chips, the ringgit and crude palm oil (CPO) for third month delivery all came under late selling pressure while the FBM KLCI skidded 1.31% as investors reduced their stakes in banks.
PETALING JAYA: Bursa Malaysia is back in rally mode as its benchmark index took only less than three weeks to recoup the entire losses it made over the past three months since August.
KUALA LUMPUR: Banks gave the FBM KLCI a boost and enabled it to close at its highest since July 29 while the ringgit strengthened to a more than nine-month high against the US dollar on positive news flow.
KUALA LUMPUR: JF Apex Research expects vaccine-related stocks, and sectors such as aviation, gaming, banking, O&G, consumer and REIT to be under investors’ interests on Tuesday.
KUALA LUMPUR: Bursa Malaysia was the only market in Asia to close in the red on Tuesday, dragged down by political worries and challenges from the Covid-19, forcing investors to stay cautious.
KUALA LUMPUR: Uncertainties on the political scene at the local front, the US presidential elections and on-going Covid-19 pandemic saw Bursa Malaysia kick off the first trading day of November on a weak note.
KUALA LUMPUR: Selling pressure picked up pace in the afternoon on Friday, with Public Bank, Top Glove and Tenaga Nasional among the bigger losers as the FBM KLCI fell to the lowest in five months.
SINGAPORE, Oct 30 (Reuters): Global oil prices fell more than 1% on Friday, extending losses and on track for a second monthly fall, on growing concerns that the rise in COVID-19 cases in Europe and the United States could hurt fuel consumption.