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KLCI slightly lower as investors wait on the sidelines
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.
Pine Labs buys Fave for RM185mil
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.
KLCI settles on 1,600 at midday
KUALA LUMPUR: The FBM KLCI remained firmly set in the red as profit-taking pressured the index lower to the 1,600 psychological support.
KLCI starts on flattish note
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.
KLCI snaps out of winning streak, down 3.83 points
KUALA LUMPUR: Despite opening higher at the start of the opening bell, the FBM KLCI succumbed to profit taking activities on Monday.
Profit-taking on KLCI continues into lunch break
KUALA LUMPUR: The FBM KLCI remained in the red entering midday as profit-taking pressure continued to weigh on Axiata and Digi.
Foreign funds' net selling slows
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.
KLCI sees mild retreat on profit-taking
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.
