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Business 28 Jan 2015 | 5:43 PM

KLCI slips below 1,800 as Maybank, PetChem fall

KUALA LUMPUR: Maybank and Petronas Chemicals came under profit taking on Wednesday and dragged the 30-stocks FBM KLCI below the key 1,800 level while key Asian markets were mixed.

Business 22 Jan 2015 | 5:24 PM

KLCI extends gains, closes almost 12 points up

KUALA LUMPUR: The FBM KLCI extended its gains and ended Thursday positive, underpinned by Petronas stocks as oil and gas stocks continued to remain in the limelight.

Business 21 Jan 2015 | 9:48 AM

KLCI opens firmer, blue chips lift

KUALA LUMPUR: The FBM KLCI opened Wednesday higher in line with the stronger regional markets supported by select blue chips, but analysts are expecting the index to remain lacklustre throughout the day due to lack of buying catalysts.

Business 09 Jan 2015 | 5:34 PM

KLCI closes higher on buying of PetChem, IHH and Maxis (Update)

KUALA LUMPUR: Late buying of selected stocks including Petronas Chemicals, IHH Healthcare and Maxis helped shore up the FBM KLCI to close higher for the second day on Friday.

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 15 Dec 2014 | 5:26 PM

KLCI closes down 36 points in one of worst days of 2014

KUALA LUMPUR: The Malaysian stock market suffered one of the worst days of 2014 as the key FBM KLCI fell sharply on foreign selling of Petronas-related stocks, banks and power company Tenaga Nasional.

Business 04 Dec 2014 | 9:07 AM

Petronas Chemicals upgraded to Buy at Maybank Research

KUALA LUMPUR: Maybank Investment Bank Research has upgraded Petronas Chemicals (PetChem) to a Buy from Hold as the recent share price selloff has offered an attractive entry price.

Business 02 Dec 2014 | 9:19 AM

KLCI posts rebound after selldown

KUALA LUMPUR: The FBM KLCI posted a firm rebound during early trade on Tuesday after plunging nearly 43 points on Monday as crude oil prices rose after a five-year low.

Business 16 Nov 2014 | 8:25 PM

Kuwait to sell Dow Chemical's petchem venture shares to public

DUBAI: Kuwait plans to offer to the public the shares in Kuwaiti joint ventures which U.S. petrochemicals giant Dow Chemical Co plans to sell off, state news agency KUNA quoted a senior Kuwaiti executive as saying.

Business 14 Nov 2014 | 5:21 PM

KLCI closes Friday down more than 2 points

KUALA LUMPUR: The FBM KLCI closed Friday lower despite some last minute buying, as losses in PetChem dragged the index more than two points.