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KUALA LUMPUR: The FBM KLCI reversed its earlier losses and closed Wednesday marginally higher ahead of Christmas, boosted by gains in select blue chips and the overall firmer Asian markets.
TAKING a cue from the success of logistics companies in the country, Xin Hwa Holdings Bhd is all set to go public by the end of this month.
KUALA LUMPUR: Mild fund buying of IOI Corp and Sime Darby helped the FBM KLCI to chalk up gains of more than three points at midday on Wednesday but the broader market was mixed as some investors were seen unwinding their positions.
KUALA LUMPUR: The FBM KLCI closed lower on Wednesday as investors decided to lock in their recent gains but the losses were not exceptionally heavy, in tandem with the lacklustre South-east Asian markets.
KUALA LUMPUR: Late buying of heavyweight Sime Darby pushed the FBM KLCI into the positive zone at the close of Monday’s trade while nearly all key Asian markets were in the red.
PETALING JAYA: Century Logistics Holdings Bhd is in talks with parties from South Korea and Japan looking for a strategic tie-up for access into the Malaysian market, sources say.
Breakfast briefing: Monday, July 3