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KUALA LUMPUR: Most banks and Tenaga Nasional closed lower on Wednesday ahead of the release of their earnings while investors continued to pile into glove makers on expectations of more supernormal earnings.
KUALA LUMPUR: Bursa Malaysia ended in red today, dragged by losses in selected heavyweights led by banking stocks.
KUALA LUMPUR: Bursa Malaysia eked out slight gains early Thursday as investor sentiment was shored by the firmer overnight close on Wall Street, with glove makers and tech counters among the top gainers.
KUALA LUMPUR: The rout on Bursa Malaysia continued on Thursday as glove makers came under extended selling pressure ahead of the Sept 30 moratorium deadline and Bank Negara’s decision on the Overnight Policy Rate at 3pm.
KUALA LUMPUR: Bursa Malaysia was the best performer among the key Asian markets on Tuesday on strong buying of Maybank, Public Bank and Hartalega.
KUALA LUMPUR: Bursa Malaysia was slightly higher in early Thursday trade as the FBM KLCI was lifted by gains in Hartalega after its strong earnings outlook.
KUALA LUMPUR: The FBM KLCI pared some of its earlier losses but remained in the red, closing below the 1,500-mark.
KUALA LUMPUR: The FBM KLCI entered the lunch break in positive territory after spending the early morning session in the red as investors approached recent political developments with caution.