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KUALA LUMPUR: Malaysia’s blue chips fell in early Monday trade, dragged down by plantations and profit taking of Petronas Gas though the broader market was firmer, supported by buying of small caps and lower liners.
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: The FBM KLCI has extended its losses and fell almost four points at midday on Friday weighed by Petronas Chemicals and Maybank in tandem with the weaker regional markets.
KUALA LUMPUR: Bursa Malaysia’s market breadth turned broadly lower at midday on the rising number of stocks in the red as the FBM KLCI fell nearly six points, tracking the decline in the key regional markets.
KUALA LUMPUR: Sime Darby and Public Bank extended their gains in early Tuesday trade as the FBM KLCI set its eye on the 1,860 resistance level, underpinned by the firmer overnight close on Wall Street.
KUALA LUMPUR: Plantation stocks were among the top losers at midday on Monday, tracking the decline in crude palm oil (CPO) futures but some fund buying of Tenaga Nasional supported the FBM KLCI.
KUALA LUMPUR: Malaysia’s blue chips were slightly lower in early Friday trade, extending the losses from the previous day due to selling pressure by foreign funds.
United States economy showing signs of recovery
Negotiations on the state line-up for the MCA Youth in Penang, Federal Territory and Negri Sembilan will be headed by their respective state liaison committee chairmen, MCA president Datuk Seri Dr Ling Liong Sik said.
KUALA LUMPUR: Key Asian markets and Malaysia’s FBM KLCI skidded in early Friday on mounting geopolitical tensions in Ukraine and the Middle East.