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KUALA LUMPUR: Selling pressure on Axiata and Digi, after the proposed merger fell through, weighed heavily on the FBM KLCI on Tuesday.
KUALA LUMPUR: Blue chips closed on a firmer note on Friday, underpinned by gains in MISC and Axiata, as market sentiment was boosted by hopes of a de-escalation in the US-China trade dispute.
KUALA LUMPUR: The FBM KLCI eked out slight gains despite the firmer key Asian markets as investors were reluctant to take more risks following the weak corporate results and uncertainties in the US-China trade war.
KUALA LUMPUR: The FBM KLCI could be extending its rebound towards the resistance of 1,630 points following the positive development in Hong Kong.
KUALA LUMPUR: Conglomerate PPB Group Bhd remains confident about mitigating the challenging environment arising from the slowing economy as well as cautious consumer spending
KUALA LUMPUR: A rally in the Hong Kong market helped shore up sentiment in key Asian markets including Bursa Malaysia as the FBM KLCI managed to recoup nearly half of the prevoious day's losses, .
KUALA LUMPUR: PPB Group Bhd today confirmed it is not in talks with FGV Holdings Bhd on acquisition of stakes in MSM Malaysia Holdings Bhd.
PETALING JAYA: The local stock market was battered down on Tuesday as investors were further spooked by the intensifying trade spat between the United States and China, as well as the sluggish corporate earnings growth.
KUALA LUMPUR: Bursa Malaysia started the first trading day of September on Tuesday on a weak note in line with the weak Asean markets on heavy selling pressure on Petronas-linked stocks and Tenaga Nasional and Sime Plantation.