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KUALA LUPUR: Bursa Malaysia started Wednesday on a cautious note despite the firmer overnight close on Wall Street while the rebound in crude oil prices eased off.
KUALA LUMPUR: Foreign funds selling on Bursa Malaysia tapered to RM87.9mil last week during the holiday-shortened week, slowing down from RM1.13bil net selling a week earlier.
KUALA LUMPUR: The winning streak on Bursa Malaysia continued for a fourth day as the US announced encouraging early results from a Covid-19 treatment trial.
KUALA LUMPUR: Semiconductor and technology related stocks closed higher as their plants ramped up production on Wednesday after the approval from the authorities.
KUALA LUMPUR: Bursa Malaysia showed signs that there was still life in a rally that had seemed all but ended based on the previous week's performance.
KUALA LUMPUR: Tech-related stocks such as KESM, Notion V-Tech and hard-disk drive maker JCY rose in active trade early Wednesday as they ramped up their production after getting the approval from the authorities.
KUALA LUMPUR: Fund buying of MISC and Public Bank ensured the FBM KLCI ended Tuesday on a firmer note though the broader market was weaker.