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KUALA LUMPUR: Local fund buying of Maybank and Petronas Chemicals pushed the FBM KLCI to a firm close on Friday, in line with the firmer key Asian markets as US-China trade tensions eases.
KUALA LUMPUR: Axiata Group Bhd, Gamuda Bhd, Genting Malaysia Bhd, CIMB Group and Leong Hup International Bhd are among the stocks to watch on Friday, according to JF Apex Research.
PETALING JAYA: PPB Group Bhd’s net profit for the second quarter ended June 30,2019 (2Q19) nearly halved by 47% to RM159.97mil from RM304.47mil a year ago, dragged by weaker contribution from both Wilmar International Ltd and the grain and agribusiness segment.
KUALA LUMPUR: Some solid gains by MISC, Tenaga Nasional and Petronas-linked stocks helped prevent the FBM KLCI from closing off the lows on Wednesday amid selling of banks.
KUALA LUMPUR: Bursa Malaysia closed lower on Tuesday on late selling pressure on selected key stocks, sending the FBM KLCI deeper into the red and the lowest in four years.
KUALA LUMPUR: The recovery in global equity markets passed over Bursa Malaysia in morning trade as the domestic market continued to slide on the negative sentiment sparked by new tariff proposals.
KUALA LUMPUR: Bursa Malaysia and key Asian markets closed in the red on Monday, registering losses of between 0.5% and 4.3% as the US-China trade war escalated while the ringgit was hammered as China's yuan fell.
KUALA LUMPUR: Maybank, Sime Plantation and Tenaga Nasional led the FBM KLCI to a higher close on Friday as buying interest picked up in afternoon but overall trading was still lacklustre.
KUALA LUMPUR: Blue chips snapped their recent losing streak on Thursday but it was not the best performance investors hoped for due to some late selling of selected stocks.