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KUALA LUMPUR: Banks and glove makers underpinned the FBM KLCI's stronger close on Thursday as investors were looking past the Covid-19-hit second quarter economic performance to a stronger year for the country.
KUALA LUMPUR: Banks and Genting closed higher on Wednesday but the gains were not enough to prevent the FBM KLCI from slipping into the red as investors took profit on Top Glove and Hartalega.
Market hit another record daily trading volume
PETALING JAYA: Axiata Group Bhd has received a BBB+ rating for its sukuk by S&P Global Ratings, reflecting the company’s solid position among the top three wireless telecommunication service providers in Malaysia and Indonesia.
KUALA LUMPUR: IHH Healthcare and Petronas Chemicals powered the FBM KLCI to Thursday's highest close while trading volume on the stock exchange recorded another fresh high.
KUALA LUMPUR: Heavy churning of penny stocks saw the local stock market recorded a fresh high in trading volume at over 15 billion units – the second successive day on Tuesday – amid a firmer broader market.
5G iS the biggest thing happening to telecommunications players as they ready themselves for its rollout. It is an important infrastructure in the push towards embracing Industry 4.0 to remain competitive.
KUALA LUMPUR: Bursa Malaysia's FBM KLCI closed off the day's low on Thursday on some buying of key index stocks but concerns about the political environment were not quick to go away.