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KUALA LUMPUR: The FBM KLCI was down 0.11% to 1,853.2 points at the midday break on Monday, after last Friday’s gain when it went up 12.37 points to close at 1,855 following the Bank of Japan’s surprise announcement that it would expand its monetary stimulus lifted equities worldwide.
KUALA LUMPUR: Key Asian markets and European bourses were awash in the red on Friday as investors fled riskier assets including equities in a knee-jerk reaction to the US conflicts in Ukraine and the Middle East.
KUALA LUMPUR: Key Asian markets and Malaysia’s FBM KLCI skidded in early Friday on mounting geopolitical tensions in Ukraine and the Middle East.
KUALA LUMPUR: The FBM KLCI shed nearly three points at the close on Thursday, with Tenaga Nasional the main drag while several small-capitalised plantations also lost ground.
KUALA LUMPUR: JF Apex Research expects High-5, Ivory Properties, Tasco, Malaysia Airlines (MAS), Axiata Group, Mesiniaga and CB Industrial Products (CBIP) to attract trading interest on Thursday.
KUALA LUMPUR: RHB Research has downgraded Tasco to Neutral as its current share price has exceeded its fair value (FV) of RM2.30.