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KUALA LUMPUR: The FBM KLCI ended the morning session unchanged after bouncing higher at the opening bell.
KUALA LUMPUR: Bursa Malaysia ended in negative territory today, dragged by selling in selected heavyweights including Petronas-linked companies.
KUALA LUMPUR: Bursa Malaysia stayed close to the 1,500-point level, but descended slightly amid ongoing concerns over the rising number of coronavirus infections in major economies.
The local bourse has already reached full valuation, but huge liquidity will help cushion downside
KUALA LUMPUR: Sentiment on the equities market continued to weaken on Thursday as an increase in the rate of coronavirus infections took the gloss off prospects of a speedy economic recovery.
PETALING JAYA: The local stock market continued its upward momentum for a second day after a heavy selldown on Monday as investors are hoping for the economy to be back to pre-coronavirus (Covid-19) levels sooner than expected.
THE safe-haven dollar, pared losses during the week, closing lower by 0.21% at 96.73.
KUALA LUMPUR: The decline on Bursa Malaysia, on the heels of a sharp retreat in US markets overnight, was nearly halved by midday as investors held to a key support level.
KUALA LUMPUR: MIDF Research is cautious about Bursa Malaysia as the second downward thrust or fallout phase, may later emerge, possibly in the third quarter, as the fuller extent of economic and corporate earnings impact of Covid-19 become manifest.