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KUALA LUMPUR: Blue chips fell in early Monday trade as investors stayed away from big caps and instead focused on defensive and smaller counters for quick gains as market sentiment remained uncertain.
KUALA LUMPUR: KL Kepong fell the most in early Friday trade on continued selling pressure on the plantation counter while investors stayed cautious in the absence of strong rerating catalysts for the market.
KUALA LUMPUR: Blue chips closed weaker on Thursday as investors continued to be cautious, dragged by declines in IHH Healthcare, Maybank and Sime Plantation.
KUALA LUMPUR: Plantations weighed on the FBM KLCI at the midday break on Wednesday as crude palm oil (CPO) futures shed their gains while oil and gas heavyweights slipped as prices fell.
KUALA LUMPUR: Petronas Dagangan and Petronas Chemicals saw most of their previous day’s gains evaporate early Wednesday after Saudi Arabia reported it was restoring production after the weekend drone attacks.
KUALA LUMPUR: Bursa Malaysia pared all its gains to close in the red on Thursday, weighed down by losses in IHH Healthcare, Tenaga Nasional Bhd and Petronas Dagangan despite a relatively strong broader market.
KUALA LUMPUR: Local fund buying of Petronas-linked stocks and a mild rebound in the hammered-down Axiata Group enabled the FBM KLCI to close above the key 1,600 level amifd a mixed broader market.
KUALA LUMPUR: The FBM KLCI was slightly higher at midday as a rebound in Axiata shares halted the decline seen over the previous session.
KUALA LUMPUR: A sharp plunge in Axiata's stock value single-handedly took the FBM KLCI 11 points lower as the counter resumed trading following last Friday's suspension.
TOKYO: Asian stocks edged higher on Monday amid a cautious mood as investors pinned their hopes on expected global stimulus to support slowing growth in the world's major economies.