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KUALA LUMPUR: The FBM KLCI continued along a consolidation channel in morning trade as the US-China trade dispute continued to drag in with few fresh details on progress in the negotiations.
KUALA LUMPUR: Fund buying of Petronas-linked stocks and Tenaga Nasional helped power the FBM KLCI out from the red at the close on Friday but the overall market sentiment was still mixed ahead of the weekend.
KUALA LUMPUR: Key Asian markets were in a sea of red on Thursday, with Bursa Malaysia also joining suit as losses by Petronas-linked stocks weighed on the FBM KLCI as the US-China trade tension showed no signs of abating.
KUALA LUMPUR: Asian markets closed weaker on Wednesday on rising US-China tensions while some selling of Petronas-linked stocks pushed the FBM KLCI into the red but above the key 1,600 level.
KUALA LUMPUR: Conflicting messages over the US-China trade war put global equities on the back foot on Wednesday as the recent bout of investor optimism began to wane.
KUALA LUMPUR: Public Bank, Hong Leong Bank and Tenaga Nasional reversed their losses and nudged the FBM KLCI into the positive zone at the close of trade on Tuesday after a volatile day.
KUALA LUMPUR: It was a disappointing start for Bursa Malaysia on Tuesday as the FBM KLCI gave up more than the previous day’s gains with plantations, banks, IHH Healthcare and Tenaga Nasional among the losers.
KUALA LUMPUR: Investor sentiment perked up early Friday with some nibbling seen in MISC and Public Bank amid a mixed broader market ahead of the release of the third quarter GDP data at midday.
KUALA LUMPUR: Blue chips extended their losses on Thursday, weighed by losses in IHH Healthcare, Tenaga Nasional and Axiata while key Asian markets did not offer much optimism following the uncertain US-China trade talks.
KUALA LUMPUR: RHB research has upgraded MISC Bhd to a buy rating with a higher target price of RM9.21 following the release of 9M19 earnings that came within estimates.