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Mild profit taking sets in, Dataprep slumps
Blue chips fell in early Thursday trade as investors took profit after the several days of firm gains but again the broader market displayed resilience as foreign funds have been net buyers most of the week.
FBM KLCI gains for fourth straight session
KUALA LUMPUR: The FBM KLCI finished higher for the fourth straight session on Wednesday on continued buying interest in index-linked stocks. KUALA LUMPUR: The FBM KLCI finished higher for the fourth straight session on Wednesday on continued buying in index-linked stocks.
Most tech stocks rebound after Nasdaq rally
KUALA LUMPUR: Most chip makers and tech-related stocks staged a rebound early Wednesday, as investor sentiment was boosted by the overnight rally of Nasdaq.
Telcos, Hong Leong Bank lift KLCI
KUALA LUMPUR: Telco stocks and Hong Leong Bank helped the FBM KLCI to extend its gains in early Tuesday trade.
Foreign funds snap three-week selling spree
KUALA LUMPUR: Foreign funds snapped their three-week selling streak and turned into net buyers with a net inflow of RM285.83mil last week, compared with a net outflow of RM477.43mil in the preceding week.
Oil price surge lifts Petronas stocks as KLCI climbs
Brent crude futures jumped above $70 a barrel on Monday for the first time since the Covid-19 pandemic began.
Biggest players in short-selling are getting a pass
Given the popular belief that short sellers create unjustified losses in some stocks, why would shareholders want to supply the ammunition for attacks against their investments?
Hong Leong Bank props up KLCI amid cautious broader market
KUALA LUMPUR: Hong Leong Bank advanced in early Friday trade and underpinned the FBM KLCI’s slight gains but the overall breadth of the market was somewhat cautious, tracking the key Asian markets.
Gloves, tech stocks retreat, broader market cautious
KUALA LUMPUR: Glove makers and chip and tech related counters fell in early Thursday trade while the broader market turned cautious after the overnight fall on Wall Street.