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KUALA LUMPUR: Bursa Malaysia closed lower on Wednesday as investors decided to lock in their gains from the previous day’s rebound, mirroring the key Asian markets.
KUALA LUMPUR: Following the swift recovery of the FBM KLCI in the previous session, investors seemed content to hover near the 1,600 psychological level while engaging in some slight profit-taking activity.
KUALA LUMPUR: KESM Industries Bhd is eyeing a gradual recovery over the near term with its utilisation rate approaching 30%, says Kenanga Research, which reiterated its "market perform" rating on the stock.
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: The FBM KLCI topped the 1,600-point mark as it extended yesterday's rally on growing optimism over the discovery of the Covid-19 vaccines and as Parliament discussions over Budget 2021 continued.
KUALA LUMPUR: Investors were cautious in early Thursday trade as they worried whether the Budget 2021 proposals would secure majority vote in parliament later in the day.
KUALA LUMPUR: Tenaga Nasional, Public Bank and MAHB led the FBM KLCI lower in early Thursday trade especially after the net selling by both local and foreign funds the previous day.
KUALA LUMPUR: Semiconductor stocks dominated the gainers’ list on Bursa Malaysia in early trade Thursday.