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Business

Analysts: Small, medium-cap stocks likely to gain more interest

SMALL and medium-cap stocks are likely to attract more interest from investors and fund managers over the next six to 12 months, creating the potential for them to outperform their heavyweight and blue-chip peers in the medium term, said SBB Securities senior analyst Ng Jun Sheng.

Business

Hope yet for a rousing finish to the year by KL market

After a somewhat lacklustre pre-Christmas performance last week, the KL stock market put up a much better show yesterday, raising hopes that it may yet end the year with a bang rather than a whimper.

Business

DIARY - Malaysia - Sept. 11(Wednesday)

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Corporate News

KLCI dips in early trade, mundane trading ahead

KUALA LUMPUR: Malaysia’s blue chips were marginally weaker in early Thursday trade with investors reluctant to take fresh positions at the month’s end while Wall Street failed to inspire.

Business

Tenaga, Genting advance in early trade as KLCI crosses 1,800

KUALA LUMPUR: Some mild fund buying of key stocks Tenaga Nasional, Genting Bhd and MISC enabled the FBM KLCI to cross the critical 1,800 level in early Tuesday trade but analysts expected the market to remain volatile due to weak crude oil prices.

Business

Tenaga, Genting and Public Bank drag KLCI into the red

KUALA LUMPUR: The FBM KLCI closed down nearly eight points at the close on Monday as selling pressure picked up on large cap counters including Tenaga Nasional, Genting Bhd and Public Bank.

Business

Petronas stocks, RHB Cap and TM drive KLCI higher

KUALA LUMPUR: Petronas related counters, RHB Capital and Telekom Malaysia were among the major gainers in early Monday trade, sending the FBM KLCI up nearly six points.

Business

Lack of follow-through buying sees KLCI off morning best (Update)

KUALA LUMPUR: The FBM KLCI was up nearly two points at midday on Monday, underpinned by gains in Petronas-owned stocks but a lack of follow through buying saw the broader market turning mixed.

Markets

KLCI extends losses, CIMB drags

KUALA LUMPUR: The FBM KLCI extended its losses at midday on Wednesday dragged by heavyweights and CIMB, in line with the unfavourable external and domestic concerns.

Business

KLCI sheds nearly 12pt on banks, Genting losses

KUALA LUMPUR: There was not much respite for the local stock market as fund selling of blue chips including banks and Genting Bhd saw the FBM KLCI close down nearly 12 points on Wednesday as sentiment was dampened by the weak close on Wall Street.