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Business 11 Sep 2013 | 12:41 PM

KLCI narrows gains, select blue chips lift

The FBM KLCI narrowed its gains at midday on Wednesday as investors locked in gains after two straight days of gains but the broader market was firmer with interest seen in Petronas-related stocks and plantations.

Business 20 Sep 2013 | 5:13 PM

KLCI ends week firmer above 1,800 level

KUALA LUMPUR: The FBM KLCI ended the week firmer, up nearly nine points supported by gains in banks and heavyweights, as investors’ confidence were boosted by the positive sentiment across global markets despite a slight drop in Asian equities.

Business 25 Sep 2013 | 12:38 PM

KLCI extends losses, investors cautious

KUALA LUMPUR: The FBM KLCI ended Wednesday morning's session down slightly more than seven points by losses in select blue chips, in tandem with the cautious Asian markets as investors were worried about the Fed’s policy outlook.

Business 06 Nov 2013 | 5:23 PM

Petronas Chemical to divest Vietnam PVC ops

KUALA LUMPUR: Petronas Chemicals Group Bhd is selling its entire 93.11% stake in Vietnam-based Phu My Plastics and Chemical Company Ltd (PMPC) as it seeks to halt its its polyvinyl chloride (PVC) vinyl business.

Business 08 Nov 2013 | 8:01 AM

CIMB Research expects rebound in Petronas Chemical earnings in Q4

KUALA LUMPUR: CIMB Equities Research said Petronas Chemical Group’s weaker core earnings in the quarter ended Sept 30, 2013 (Q3, 2013) reflected the lower operating efficiency of its product portfolio.

Business 08 Nov 2013 | 5:12 PM

KLCI ends week lower, Petronas counters weigh

KUALA LUMPUR: The FBM KLCI ended Friday in the red despite a last minute push, as Petronas-linked stocks weighed the counter in line with the weaker Asian and European market.

Business 20 Nov 2013 | 5:09 PM

Genting drives KLCI lower

KUALA LUMPUR: The FBM KLCI gave up most of its gains on Wednesday’s close weighed by Genting, PetChem and KL Kepong as investors took profit after most key heavyweights rose on Tuesday.

Business 11 Dec 2013 | 12:40 PM

Profit taking of PetChem, IOI drive KLCI lower

KUALA LUMPUR: Profit taking of PetChem and IOI Corp dragged the FBM KLCI marginally lower at midday on Wednesday, mirroring the weaker broader market and Asian equities.

Business 11 Dec 2013 | 5:14 PM

KLCI ends Wednesday lower despite push from Tenaga, Maybank

KUALA LUMPUR: The FBM KLCI ended Wednesday lower despite a last minute push by Tenaga and Maybank, as investors locked in profits on Petronas-linked stocks and IOI Corp.

Business 23 Dec 2013 | 5:08 PM

KLCI succumbs to selling pressure, ends Monday lower

KUALA LUMPUR: The FBM KLCI extended its losses and closed Monday in a negative note with profit taking of banks and Petronas-linked stocks, as investors added pressure ahead of the Christmas holidays.