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