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KUALA LUMPUR: The FBM KLCI bounced higher shortly after a softer open as some investors cashed in their chips following gains in the previous session
KUALA LUMPUR: Bursa Malaysia ended Wednesday lower amid a weaker broader market but the FBM KLCI managed to stay above the crucial 1,600 level thanks to buying of MAHB and Maybank.
KUALA LUMPUR: Profit taking on Petronas-linked stocks and Public Bank weighed on market sentiment and dragged the key FBM KLCI towards the critical 1,600 level early Wednesday.
KUALA LUMPUR: Sustained fund buying of Petronas Chemicals, Tenaga and Sime Plantation underpinned the FBM KLCI's advance on Monday as it rose to its highest since mid-September.
KUALA LUMPUR: The FBM KLCI managed to penetrated the crucial 1,600 level early Monday on some buying support of Petronas linked stocks, as investors's sentiment perked up, in line with key Asian markets.
KUALA LUMPUR: Bursa Malaysia took a step back on Friday as profit taking on Public Bank and IHH Healthcare weighed on the FBM KLCI after the previous day's splendid rally.
KUALA LUMPUR: Fund buying of Public Bank underpinned the FBM KLCI's surge on Thursday to be the top performer among the key Asian markets, as it neared the critical 1,600 level.
KUALA LUMPUR: Banks underpinned Bursa Malaysia’s advance early Thursday, in line with the firmer Asian markets after the US Federal Reserve cut interest rates by 25 basis points but slower factory activity in China could cap gains.
KUALA LUMPUR: CIMB and HLFG helped underpin the FBM KLCI's firmer close on Wednesday though the broader market showed signs of caution due to the weaker key Asian bourses.
KUALA LUMPUR: The FBM KLCI managed to eke out a slight gain on Wednesday morning despite the broader market showing more counters declining than advancing.