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Covid-19's impact drags most Asian markets lower
KUALA LUMPUR: Most key Asian markets except for China closed markedly lower on Friday as the impact of the Covid-19 continued to batter investor sentiment while the virus continued to spread.
Stocks turn broadly lower amid fears of Covid-19 impact on earnings
KUALA LUMPUR: The FBM KCI managed to partially retrace losses after losing nearly eight points earlier in the day.
Tenaga, Public Bank prop up KLCI amid mixed market
KUALA LUMPUR: A late rebound on Bursa Malaysia fizzled out due to the lack of strong follow through buying on Thursday while the broader market was mixed as investors awaited the stimulus programme to be announced on Feb 27.
KLCI slightly lower at midday, ringgit extends downtrend against US$
KUALA LUMPUR: The FBM KLCI was mildly weaker at midday amid broadly negative performances on the index.
Weaker CPO prices weigh on plantations
KUALA LUMPUR: Blue chips closed lower on Wednesday as weaker crude palm oil prices dragged plantations into the red while glove makers also lost ground.
KLCI closes flat, techs under pressure after Apple caution
KUALA LUMPUR: Tech and semiconductor-related stocks came under pressure, in line with key Asian markets, after Apple Inc's warning that it was unable to meet its March quarter sales forecast due to the Covid-19 coronavirus.
Telcos, Tenaga drag KLCI into the red
KUALA LUMPUR: The FBM KLCI gave up more than its recent gains on Monday, with Maxis, Tenaga and Axiata among the top losers, in the absence of firm follow-through buyng ahead of the Feb 27 stimulus programme.
KLCI slightly lower at midday, bargain-hunters target bank stocks
KUALA LUMPUR: There was some bargain-hunting in bank stocks following the previous week's sell-off although the FBM KLCI remained in negative territory for most of the morning session.
The Week That Was: Prioritising safety, online and offline
Malaysians look to upgrade their Internet skills in the wake of Covid-19, while Singapore and a conference fall victim to fears over the spread of the virus.
Bursa bounces back on proposed stimulus plan
KUALA LUMPUR: Bursa Malaysia staged a late recovery on Friday on news Prime Minister Tun Dr Mahathir Mohamad will unveil an economic stimulus package on Thursday, Feb 27 to mitigate impact of Covid-19 outbreak on companies and the rakyat.