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KUALA LUMPUR: Bursa Malaysia fell in early Monday trade as the FBM KLCI gave up two-thirds of last Friday’s late gains with Maybank, Tenaga Nasional and Hartalega among the top losers.
KUALA LUMPUR: Kenanga Investment Bank Research is retaining its outperform calls on the top four glove makers – Top Glove, Hartalega, Kossan and Supermax -- as fundamentally, they offer plenty of upside.
KUALA LUMPUR, Jan 10 (Bernama): The robust ringgit is set to leave positive trails onto the equity markets amid a weaker US dollar, as the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 30.24 points to end the first week of 2021 at the day’s high of 1,633.19
KUALA LUMPUR: Glove makers were back in play on Friday as the record number of Covid-19 cases both in Malaysian and overseas saw investors piling into glove stocks.
KUALA LUMPUR: The FBM KLCI finished the early session at the 1,600-mark after seeing losses among financial counters and telcos.
KUALA LUMPUR: Glove makers underpinned the FBM KLCI’s advance in early Friday trade as Covid-19 cases continued to surge, prompting stronger demand, while investor sentiment was also shored up by firmer external markets.
KUALA LUMPUR: Bursa Malaysia slumped in early Thursday trade on concerns about the political outlook for the country while the Covid-19 cases surged to a fresh high on Wednesday amid calls for stricter curbs.
KUALA LUMPUR: Bursa Malaysia started Wednesday on a cautious note after two days of volatility, with Tenaga Nasional, IHH Healthcare, Hong Leong Bank and Public Bank weighing on the FBM KLCI.
Stronger corporate earnings and ringgit key to renew foreign interest in the local bourse