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Frenzied trading of penny stocks propels volume to over 26b shares
KUALA LUMPUR: What a week it has been for Bursa Malaysia as frenzied buying of penny stocks and heavy churning saw the trading volume break fresh records several times this week.
IHH, PChem lift KLCI, Bursa hits fresh volume again
KUALA LUMPUR: IHH Healthcare and Petronas Chemicals powered the FBM KLCI to Thursday's highest close while trading volume on the stock exchange recorded another fresh high.
Petronas Chemicals lifts KLCI at midday, gold advances
KUALA LUMPUR: Petronas Chemicals, IHH Healthcare and Maybank lifted the FBM KLCI at midday on Thursday while spot gold price advanced and the ringgit rose against the US dollar.
Blue chips slip early Wednesday trade, gloves rally
KUALA LUMPUR: Blue chips fell in early Wednesday trade with plantations and Public Bank dragging the FBM KLCI into the red again.
Bursa sets fresh record trading volume, pares losses
KUALA LUMPUR: Heavy churning of penny stocks saw the local stock market recorded a fresh high in trading volume at over 15 billion units – the second successive day on Tuesday – amid a firmer broader market.
FBM KLCI down on record high volume
PETALING JAYA: The stock market kicked off August on the wrong footing with strong selling, as investors took on a pessimistic front following a global surge in coronavirus (Covid-19) cases which led to various economic concerns
KLCI tumbles 31 points; trading volume surges to record high
KUALA LUMPUR: The FBM KLCI closed down 31 points today after broad-based selling across Bursa Malaysia while trading volume on Bursa Malaysia surged to a record high.
Trading volume, value on Bursa surges
KUALA LUMPUR: Heavy churning of penny stocks saw trading volume and value surge at the midday break while the FBM KLCI fell nearly 1% due to selling of banks and oil and gas stocks despite gains in glove makers.
Bursa closes off day's low, Public Bank, Maybank weigh
KUALA LUMPUR: Bursa Malaysia's FBM KLCI closed off the day's low on Thursday on some buying of key index stocks but concerns about the political environment were not quick to go away.
Cautious start for Bursa as PChem, Public Bank, Top Glove weigh
KUALA LUMPUR: Bursa Malaysia got off Thursday on a cautious footing with Petronas Chemicals, Public Bank and Top Glove weighing on the FBM KLCI.
