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KLCI down 20pts as Maybank, Tenaga and Hartalega slump
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.
All 4 big glove stocks offer plenty of upside: Kenanga
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.
Robust ringgit set to leave positive trails onto equity markets, says analyst
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
KLCI surges 30pts, glove makers jump on record Covid-19 cases
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.
KLCI struggles to stabilise at 1,600
KUALA LUMPUR: The FBM KLCI finished the early session at the 1,600-mark after seeing losses among financial counters and telcos.
Gloves lead KLCI higher as Covid-19 cases climb
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.
Bursa slumps as investors weigh political outlook
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.
Cautious start for Bursa as Tenaga, banks weigh
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.
The Star Exclusive - Getting foreign investors back
Stronger corporate earnings and ringgit key to renew foreign interest in the local bourse