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KUALA LUMPUR: Bursa Malaysia closed Wednesday on a firmer note despite a retreat in the FBM KLCI as investors chased after pharmaceutical stocks and gold miner Bahvest while glove makers saw mixed trade.
KUALA LUMPUR: Semiconductor-related and tech counters fell in late afternoon trade on Monday after the recent rally as investors locked in gains.
KUALA LUMPUR: Key Asian markets including Bursa Malaysia fell in early Friday trade after the overnight slide on Wall Street due to rising US jobless numbers and rising Covid-19 cases.
KUALA LUMPUR: Bursa Malaysia joined the rally in European and Asian markets after European Union leaders sealed a 750bil euro (US$857bil) post-pandemic stimulus plan folowing a marathon five-day meeting.
KUALA LUMPUR: Semiconductor-related and technology stocks dominated the gainers’ list on Bursa Malaysia in early trade Tuesday.
KUALA LUMPUR: As the World Health Organization says Covid-19 probably won’t disappear in the coming months, investors continue to chase glove makers especially Supermax and its call warrants as they anticipate an earnings surge.
KUALA LUMPUR: Traders were very active in early Thursday trade, with penny stocks seeing heavy churning and pushing the total trading volume past two billion shares in less than half an hour.
KUALA LUMPUR: Bursa Malaysia was slightly higher in early Wednesday trade as the FBM KLCI edged up on gains in Hong Leong Bank and Petronas Dagangan.
KUALA LUMPUR: Sustained buying of Hartalega and Top Glove sent the glove makers to record highs and also helped power the FBM KLCI to the highest close in three weeks.
KUALA LUMPUR: Tech and semicon related stocks were among the top gainers at midday on Friday as analysts upgraded the sector to Overweight from Neutral while the FBM KLCI was powered higher by Tenaga Nasional, Top Glove and Maybank.