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PETALING JAYA: Lower passenger volumes and slower retail trade led by the Covid-19 pandemic will continue to cause weaknesses in Malaysia Airports Holdings Bhd’s (MAHB) earnings in the near term.
KUALA LUMPUR: Blue chips struggled on Wednesday as profit taking picked up pace on recent gainers and the broader market turned slightly weaker in the absence of strong fund buying support.
KUALA LUMPUR: Profit-taking halted the rally on Bursa Malaysia as global markets tracked Wall Street lower amid rising coronavirus cases.
KUALA LUMPUR: Glove makers weighed on Bursa Malaysia early Tuesday with Top Glove among the top losers as about 13,000 of its workers will be affected by the Enhanced Movement Control Order (EMCO).
KUALA LUMPUR: Bursa Malaysia joined key Asian markets to close higher on Monday, boosted by stronger-than-expected China factory output data and the signing of a deal to form the world's largest free trade bloc.
KUALA LUMPUR: A better-than-expected GDP data in the third quarter helped the local stock market to pare its losses on Friday, while Hong Leong Capital, which resumed trading after a five-year suspension, managed to regain some ground.
KUALA LUMPUR: Tenaga Nasional, Public Bank and MAHB led the FBM KLCI lower in early Thursday trade especially after the net selling by both local and foreign funds the previous day.
KUALA LUMPUR: Bursa Malaysia recorded its strongest performance in over two months on Tuesday with trading volume surging and investors piling into banks and leisure stocks while reducing their stakes in glove makers on the positive development of a Covid-19 vaccine.
KUALA LUMPUR: Shares of AirAsia Group, its affiliate AirAsia X and Malaysia Airports jumped in early trade on Tuesday on news about the development of the Covid-19 coronavirus vaccine.