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KUALA LUMPUR: The FBM KLCI retraced its earlier losses to end the morning in positive territory amid heightened anxieties over the looming deadline for fresh US tariffs on Chinese imports.
KUALA LUMPUR: Stocks that may be seeing trading interest on Wednesday include Malakoff Corp Bhd, Axis Real Estate Investment Trust (Axis REIT), Globetronics Technology Bhd, Malayan Banking Bhd (Maybank) and Gagasan Nadi Cergas Bhd, according to JF Apex Research.
REVIEW: The rebound on the domestic market struggled to pick up steam after hopes that the rally in the previous week would be sustained on the improving geopolitical situation.
NEW YORK Wall Street slipped on Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised U.S. recession worries and uncertainty over any progress in trade negotiations between the United States and China took a toll.
NEW YORK: Wall Street's main indexes rose on Wednesday as upbeat earnings from retailers pointed to strength in U.S. consumer demand, and held gains after minutes from last month's Federal Reserve meeting showed policymakers had debated a more aggressive interest rate cut.
KUALA LUMPUR: Late buying enabled the FBM KLCI to close Monday off the day's low but the market was under pressure due to fund selling of bank stocks and profit taking of Genting and Genting Malaysia.
KUALA LUMPUR: Bursa Malaysia kicked of the new week on Monday on a lacklustre note, in line with key Asian markets, ahead of the US Federal Reserve meeting and US-China trade talks.
TOKYO: Asian stocks struggled on Friday to track Wall Street's exuberance about a possible U.S. rate cut next month as anxiety over Sino-U.S. trade negotiations clouded the investor mood in the region.
NEW YORK: Wall Street edged higher on Monday, supported by Facebook, Amazon and Apple, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.
KUALA LUMPUR: Local fund buying of Tenaga Nasional, which was sold down recently, helped the FBM KLCI recoup most of its early losses amid a weaker broader market.