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KLCI up nearly 13 points on technical rebound (Update)
KUALA LUMPUR: Malaysia’s blue chips staged a technical rebound at midday on Friday, led by fund buying of Petronas related stocks and banks, with the FBM KLCI almost 13 points higher.
KLCI unable to break past key 1,700 barrier
KUALA LUMPUR: Late selling pressure pushed the FBM KLCI below the critical 1,700 level on Thursday amid the mixed broader market, as gains by heavyweight Sime Darby were offset by selling of Maybank and CIMB.
KLCI sees over 17 pts erased, ringgit at 16-year low (Update)
KUALA LUMPUR: Key Asian markets except for China closed sharply lower on Monday, following Greeks’ move to reject the bailout terms, while the FBM KLCI lost more than 17 points on continued selling by foreign funds and the ringgit sunk to a 16-year low.
KLCI posts biggest gains in recent days at midday (Update)
KUALA LUMPUR: Blue chips advanced at the midday break on Thursday, with the FBM KLCI chalking up one of the biggest gains in recent days, led by Sime Darby and Petronas Gas.
KLCI marginally lower at midday break
KUALA LUMPUR: The FBM KLCI narrowed its losses at midday on Tuesday and was down marginally lower in line with the mixed regional markets, as investors chose to stay on the sidelines amidst the ongoing Greece crisis.
Petronas Chemicals weighs on KLCI, key Asian markets down
KUALA LUMPUR: Petronas Chemicals dragged the FBM KLCI further into the red at the close on Tuesday, in tandem with the cautious key Asian markets, but the ringgit managed to firm up slightly against the US dollar.
KLCI closes in the red on Petronas Chemicals, RHB Cap losses
KUALA LUMPUR: The FBM KLCI ended Friday on a downbeat note on losses by Petronas Chemicals and RHB Capital but the broader market showed signs of stabilising.
Tenaga, Sime Darby weigh on KLCI as investors stay cautious
KUALA LUMPUR: Tenaga Nasional and Sime Darby dragged the FBM KLCI into the red at midday on Wednesday as investor confidence continued to be dampened by sustained foreign selling.
Broader market weakens as KLCI slips at midday (Update)
KUALA LUMPUR: RHB Capital, Petronas Chemicals and Maxis topped the losers’ list at the midday break on Friday on extended selling pressure as the broader market continued to weaken.
Late selling sends KLCI down more than 7 points
KUALA LUMPUR: Late selling pressure by funds sent the FBM KLCI down more than seven points at the close of trade on Thursday with plantations, Petronas Chemicals and Genting Bhd among the top losers.
