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KUALA LUMPUR: Bursa Malaysia's recent rally hit a speed bump on Tuesday on selling of Petronas-linked stocks and Tenaga Nasional, in line with the key Asian markets except China.
KUALA LUMPUR: Bursa Malaysia held on its gains at the midday break amid a firmer broader market as glove makers and Petronas Chemicals helped underpin the FBM KLCI’s gains.
KUALA LUMPUR: Bursa Malaysia capped the volatile second quarter on Tuesday on a positive note as the benchmark FBM KLCI managed to cling on to the crucial 1,500 level, aided by glove makers.
KUALA LUMPUR: Petronas Dagangan and glove makers helped push the FBM KLCI above the key 1,500 level early Tuesday, which was the last trading day of the second quarter, as investor sentiment was emboldened by the firmer Wall Street closing.
KUALA LUMPUR: A surge in new Covid-19 infections forced key Asian markets to retreat further at midday on Monday, including Bursa Malaysia, which was also impacted by a downgrade in its outlook by S&P Global Ratings.
KUALA LUMPUR: Glove makers closed lower on Friday on profit taking but Public Bank helped the FBM KLCI pare its losses amid a cautious broader market.
KUALA LUMPUR: The FBM KLCI ended the morning session unchanged after bouncing higher at the opening bell.
KUALA LUMPUR: Bursa Malaysia chalked up mild gains early Friday, underpinned by Public Bank and Axiata, as investor sentiment was shored up by the late rally on Wall Street and firmer key Asian markets.
KUALA LUMPUR: Ajinomoto (Malaysia) Bhd is on a growth trajectory driven by sturdy export demand despite the challenges faced in 2020, says Affin Hwang Capital research.
KUALA LUMPUR: Asian markets fell and US stock futures were down in early Tuesday trade after a after a Trump administration official was reported to say the US-China trade deal is "over.”