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After creating wealth of more than RM170bil, the sector is poised to consolidate
KUALA LUMPUR: Bursa Malaysia fell in early Monday trade as the FBM KLCI gave up two-thirds of last Friday’s late gains with Maybank, Tenaga Nasional and Hartalega among the top losers.
KUALA LUMPUR: Maybank, Maxis and Petronas Gas weighed on the FBM KLCI on Monday on concerns about the impact of the new stricter measures under the Movement Control Order to be announced at 6pm.
KUALA LUMPUR: Glove makers underpinned Bursa Malaysia’s advance in early Tuesday trade with demand for gloves continuing to be strong as global cases surpassed 90 million on Monday.
KUALA LUMPUR: Glove makers weighed on Bursa Malaysia on Thursday as investors took profit after the rebound and piled into semiconductor and tech-related counters.
KUALA LUMPUR: Glove makers regained their footing early Friday after the recent bout of profit taking while Maybank and Public Bank weighed on the FBM KLCI.
KUALA LUMPUR: Glove makers made firm strides in early Monday trade as the Covid-19 infections continued to rise with Hartalega, which is expected to announce its results soon, was the top gainer.
KUALA LUMPUR: Genting Plantations Bhd, DRB-Hicom Bhd, Inari Amertron Bhd, Press Metal Aluminium Holdings Bhd, Aeon Co (M) Bhd, Dayang Enterprise Holdings and Destini Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
KUALA LUMPUR: The FBM KLCI extended a positive retracement on Wednesday as investors overcame earlier anxieties over a sell-off in US Treasuries.