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Business 16 Jan 2015 | 8:53 AM

Net foreign selling of Malaysian equities at RM1b in 4 days

KUALA LUMPUR: Foreign funds continued to sell down their stakes in Malaysian equities in the four days ended Jan 15, pushing the total net selling to rise to RM1.045bil, according to BIMB Securities Research.

Business 09 Jan 2015 | 3:26 PM

Sufficient domestic liquidity to underpin Malaysian equities

KUALA LUMPUR: UOB Kay Hian Malaysia Research expects sufficient domestic liquidity to support a firmer equities market valuation by end 2015, despite continuing foreign outflows in the capital market.

Business 07 Jan 2015 | 9:23 AM

Maybank leads KLCI lower on worries about loan exposure

KUALA LUMPUR: Maybank led the FBM KLCI lower at start of Wednesday’s trade, tracking the weaker overnight close on Wall Street as crude oil prices continued to slide.

Business 17 Dec 2014 | 5:24 PM

KLCI closes stronger, Maybank lifts

KUALA LUMPUR: The FBM KLCI closed Wednesday on a positive note, despite the mixed Asian equities, on some local fund buying of Maybank and Petronas Chemicals.

Business 17 Dec 2014 | 1:02 PM

KLCI up 11 points at the break

KUALA LUMPUR: The local stock market reversed its downward trend at midday on Wednesday with the FBM KLCI adding 11.34 points, or 0.68%, to 1,685.28, after having lost 23.37 points the day before.

Business 05 Dec 2014 | 8:34 AM

Foreign funds net sellers at RM522m in 4 days on Bursa Malaysia

KUALA LUMPUR: BIMB Securities Research expects buying to emerge soon as the market is oversold at the moment.

Business 10 Nov 2014 | 9:48 AM

Maybank leads KLCI higher, Carimin in focus

KUALA LUMPUR: Maybank led the FBM KLCI higher in early Monday trade amid a steadier broader market in line with the key regional markets while Carimin Petroleum, which made its debut on the Main Market, was in focus.

Business 21 Oct 2014 | 12:00 AM

Mobius says M'sian stocks relatively expensive

KUALA LUMPUR: Prominent fund manager Mark Mobius has advocated that investors be cautious in their bargain-hunting strategy and not rush into the stock market.

Business 18 Oct 2014 | 6:32 AM

Southeast Asian stocks: Indonesia outperforms on fuel subsidy cut plan

BANGKOK: Southeast Asian stock markets mostly gained on Friday, with Indonesia touching a more than one-week high, amid easing political tensions and president-elect Joko Widodo's plan to raise the prices of subsidised fuel.

Business 17 Oct 2014 | 12:55 PM

CIMB, SKPetro lead rebound but market outlook bearish (Update)

KUALA LUMPUR: CIMB Group and SapuraKencana Petroleum underpinned the blue chips’ rebound at midday on Friday amid a firmer market but a one or two day rebound would not change the bearish outlook.