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KUALA LUMPUR: Local fund buying of IHH Healthcare, Public Bank and Maxis enabled the FBM KLCI to surge and close at Wednesday's high, the second consecutive day.
KUALA LUMPUR: The local stock exchange failed to muster the same optimism as key regional markets on Tuesday following a record-breaking performance on Wall Street overnight.
KUALA LUMPUR: The FBM KLCI tracked the improved sentiment in global equities following Wall Street's record-hitting performance overnight although gains were capped by persistent caution.
KUALA LUMPUR: Blue chips ended Monday in the red, weighed down by selling of Tenaga Nasional and IHH Healthcare in volatile trade as late selling erased efforts to prop up the FBM KLCI.
KUALA LUMPUR: A pullback in crude oil prices and mixed key Asian markets did not provide much catalysts for Bursa Malaysia while the ringgit slipped against the US dollar.
KUALA LUMPUR: Bursa Malaysia and Asian markets cheered Britain's Brexit-backing Conservative Party's victory and prospects of a China-US trade deal.
KUALA LUMPUR: Units of Petroliam Nasional Bhd (Petronas) jumped after the state oil company reduced its stakes in them, as investors expect the move could lead to the companies having more public shares to trade and thus getting bigger weightings in key stock indexes.
KUALA LUMPUR: Bursa Malaysia closed higher today for a second straight session of gains, on buying support of Petronas-linked stocks, in line with key Asian markets.
KUALA LUMPUR: The FBM KLCI maintained a broad-based advance over the morning session on the back of strong gains in Petronas and MISC stocks.
KUALA LUMPUR: Local equities tracked global markets higher as the US Federal Reserve maintained its interest rate and signaled that it may keep borrowing costs unchanged through 2020.