Trading ideas: DNeX, Cahya Mata Sarawak, Supermax, UEM Sunrise, Gas Malaysia

KUALA LUMPUR: Dagang Nexchange Bhd, Cahya Mata Sarawak Bhd, Supermax Corp Bhd, UEM Sunrise Bhd and Gas Malaysia Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

DNeX plans placement to raise RM642mil

Market sentiment soured by lockdown measures, tech rout

KUALA LUMPUR: The FBM KLCI remained under pressure at midday as the implementation of a third movement control order soured market sentiment.

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.

KLCI set for sideways trading

KUALA LUMPUR: The FBM KLCI is attempting to hold on to the 1,600 psychological level after sliding below the support in yesterday's trading.

KLCI slightly higher at noon amid lack of leads

KUALA LUMPUR: The FBM KLCI erased some earlier gains to enter midday just slightly higher than the 1,580 support.

Banks lead KLCI below 1,580

KUALA LUMPUR: The domestic equities market erased its earlier gains to descend into the red amid the ongoing downside bias.

Perfect timing for DNeX

PETALING JAYA: Dagang Nexchange Bhd’s (DNeX) acquisition of Khazanah Nasional Bhd’s loss-making semiconductor unit, Silterra, is considered timely, given the global chip shortage caused by the global Covid-19 pandemic.

Bursa equities rebound from oversold levels

KUALA LUMPUR: Bursa Malaysia rebounded on Thursday following yesterday's steep sell-off on the back of rising US bond yields and political uncertainties at home.

Bursa rebounds after yesterday's sell-off

KUALA LUMPUR: Bursa Malaysia started on a rebound on Thursday following yesterday's steep sell-off on the back of rising US bond yields and political uncertainties at home.