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KUALA LUMPUR: Bursa Malaysia kicked off February on a firm note, lifted by gains in banks, Petronas stocks and also gloves following the strong overnight close on Wall Street.
Local bonds to continue attracting foreign funds
KUALA LUMPUR: Strong retail support for Top Glove, Hartalega and Supermax helped underpin the FBM KLCI’s advance early Friday but the broader market was cautious ahead of the long weekend.
Watch farm stocks, automakers and banks as the country unveils its budget on Monday
KUALA LUMPUR: Tenaga Nasional and Public Bank led the rebound of the FBM KLCI early Wednesday but whether the 30-stock index can hold on to its gains remains to be seen due to recent selling by foreign funds towards the end of the day.
JAKARTA: Indonesia has received investment commitments of up to $10 billion from global firms for its ambitious sovereign wealth fund, a senior minister said on Tuesday, ahead of its launch expected this year.
KUALA LUMPUR: Bursa Malaysia staged a rebound in early Tuesday, with Public Bank and semicon and tech stocks taking the lead as specualtion of a stricter lockdown to contain the Covid-19 pandemic eased.
KUALA LUMPUR: Foreign funds turned net sellers last week with net outflow of RM288.13mil against a net buying of RM326.06mil in the preceding week.
KUALA LUMPUR: Bursa Malaysia sank into the red at closing with over 1,100 counters falling as heavy selling continued to bash down blue chips and small-cap stocks. KUALA LUMPUR: Bursa Malaysia sank into the red at closing with over 1,100 counters falling as investors continued to dump their shares amidst a lack of fresh catalysts.