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THE FBM KLCI closed above 1,600 points this week for the first time in five months since March 23, 2021.
KUALA LUMPUR: A late surge in the FBM KLCI on Friday pushed the index to a strong close after a day of volatile trading.
KUALA LUMPUR: The FBM KLCI retraced its earlier gains to end the morning session on a flat note, reflecting the growing caution over equities prices following the recent rally.
KUALA LUMPUR: Bursa Malaysia started on a strong footing on Friday as investors bought up bargains following two days of declines.
KUALA LUMPUR: The FBM KLCI failed to hold on to its gains generated in early trade as weaknesses were evident amongst banking and plantation counters.
KUALA LUMPUR: The rebound on the FBM KLCI lost steam by mid-morning to return to negative territory as profit-taking pressure pulled equities prices lower following the end of the corporate earnings season.
KUALA LUMPUR: Malaysian equities started Thursday on a positive note, suggesting that the decline in the previous session was a brief bout of profit-taking in a still-bullish market.
KUALA LUMPUR: Stocks to watch on Thursday include Pekat Group Bhd, Solarvest Holdings Bhd, TH Plantations Bhd, Paramount Corp Bhd and Sarawak Consolidated Industries Bhd (SCIB), according to JF Apex Research.