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KUALA LUMPUR: The FBM KLC continued its sideways trading direction with slight losses given the lack of positive catalysts to resume last week's rally.
KUALA LUMPUR: Commerce platform Pine Labs has acquired Malaysian-based e-commerce and fintech firm Fave in a cash and equity deal valued at over US$45mil (RM185mil) to accelerate their growth in the Asia region.
KUALA LUMPUR: The FBM KLCI remained firmly set in the red as profit-taking pressured the index lower to the 1,600 psychological support.
KUALA LUMPUR: The profit-taking activities on the domestic market continued on Tuesday morning amid a negative performance on Wall Street overnight and ahead of the US corporate earnings season that begins this week.
KUALA LUMPUR: Despite opening higher at the start of the opening bell, the FBM KLCI succumbed to profit taking activities on Monday.
KUALA LUMPUR: The FBM KLCI remained in the red entering midday as profit-taking pressure continued to weigh on Axiata and Digi.
KUALA LUMPUR: Foreign investors remained net sellers of Malaysian equities for the fourth consecutive weeks, but outflow slowed to RM77.9mil against RM173.24mil in the preceding week, according to MIDF Research.
KUALA LUMPUR: Profit-taking took the FBM KLCI lower in Monday morning trade following Friday's strong advance on the back of a jump in Axiata's and Digi's share prices.