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KLCI in the red, DiGi, CIMB, Genting down

Some mild selling of DiGi, CIMB and Genting Bhd dragged the FBM KLCI into the red at midday as investors stayed on the sidelines in the absence of strong corporate leads and fund buying.

Maybank, TM give KLCI a boost

Blue chips were firmer at midday on Monday, underpinned by fund buying of Maybank and Telekom Malaysia, after a hesitant start while the broader market was mixed ahead of the final batch of corporate results this week.

Malaysian ringgit near 3-week low despite strong GDP data

SINGAPORE: The Malaysian ringgit fell to a near three-week low against the dollar on Thursday as interbank speculators shrugged off stong economic growth data and added dollar positions on expectations the U.S. Federal Reserve may stop buying bonds sooner than expected.

Banks lead decliners at midday on Bursa Malaysia

Banking stocks led blue chips lower at the midday break on Monday as investors decided to stay on the sidelines, ahead of the general elections while key regional markets were mixed.

Stock market to remain muted as GE13 nears

The holiday-shortened week because of the Chinese New Year celebrations saw the local bourse registering thin trading volume and a lacklustre performance.

What analysts say about the new year...

THE world markets have always been a subject of focus whenever a brand new year comes a-calling. Here are the views of some of them randomly selected by StarBizWeek.

Bursa meets expectations

PETALING JAYA: Bursa Malaysia Bhd’s financial results for the last financial year ended Dec 31, 2012 (FY12) came in within analyst expectations, and the stock exchange operator is expected to have better prospects ahead as investor appetite returns in the second half of the year.

Malaysia blue chips higher in February trade

Malaysia's blue chips started February on a firm note, supported by gains in finance-related stocks while MISC rallied on Petronas' takeover plan.

So the world didn't end, now what is there ahead for us in 2013

SO, there was no catastrophic wave massive enough to wipe out entire civillisations or a collision with a rogue planet powerful enough to end the world on the dreaded Dec 21, 2012 doomsday date after all.

Investors likely to remain on sidelines till after Malaysia's elections

KUALA LUMPUR: After the recent sell out, local investors are likely to remain on the sidelines until after the general elections (GE13).