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KUALA LUMPUR: Foreign selling battered the local stock market on Monday but the FBM KLCI managed to recoup half of the losses in early Tuesday trade as investors sought out hammered-down blue chips.
KUALA LUMPUR: Bursa Malaysia eked out slight gains on Monday, the final trading day for November, amid the flurry of the July-September quarterly results which were mostly better sequentially.
KUALA LUMPUR: After the retail investor driven rebound on Bursa Malaysia on Thursday, blue chips made a slight retreat with some mild profit taking of Genting, Genting Malaysia and Public Bank in early Friday trade.
KUALA LUMPUR: Blue chips managed to recoup all of their previous day’s losses on Wednesday as investor sentiment was bolstered by strong key Asian markets, with Public Bank and Telekom Malaysia underpinning the FBM KLCI’s advance.
KUALA LUMPUR: Bursa Malaysia staged a rebound in early Wednesday trade, tracking the overnight rally on Wall Street, with Public Bank and Hong Leong Bank underpinning the FBM KLCI’s gains.
KUALA LUMPUR: Bursa Malaysia recorded more than 1,000 counters in the red at the close on Tuesday on concerns about the ability of the government to get a majority of the MPs to support the Budget 2021 proposals on Thursday.
KUALA LUMPUR: Investors' concerns about whether the Budget 2021 would get majority approval in Parliament on Thursday and the closure of some of Top Glove's plants weighed on Bursa Malaysia at midday on Tuesday.
KUALA LUMPUR: Bursa Malaysia closed higher Monday, tracking the gains at regional markets as investors pinned their hopes for economic revival on coronavirus vaccines.