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KUALA LUMPUR: Share prices on Bursa Malaysia kicked off the week on a strong note, with the FBM KLCI advancing 0.73% amid follow-through buying momentum.
Asian shares were mostly lower Monday despite hopes for a gradual global recovery after the US stimulus package passed the Senate over the weekend.
KUALA LUMPUR: The FBM KLCI gapped up above the 50-day simple moving average on Monday as the bulls reappeared following a surge in crude oil prices.
NEW YORK: Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns
KUALA LUMPUR: The FBM KLCI recorded a slight advance on Friday as it remained locked in consolidation mode amid cautious buying in recovery-themed stocks.
KUALA LUMPUR: Hong Leong Bank advanced in early Friday trade and underpinned the FBM KLCI’s slight gains but the overall breadth of the market was somewhat cautious, tracking the key Asian markets.
TOKYO (Reuters) - The Japanese government plans to extend a state of emergency to combat COVID-19 for Tokyo and three neighbouring prefectures until March 21, two weeks longer than originally scheduled, Economy Minister Yasutoshi Nishimura said on Friday.
NEW YORK: Wall Street slumped on Thursday and global stock markets declined after U.S. Federal Reserve Chair Jerome Powell repeated his pledge to keep credit flowing until Americans are back to work, rebutting investors who have openly doubted he can stick to that promise once the pandemic passes.
KUALA LUMPUR: The FBM KLCI ended the day in the red despite bank stocks gaining weight on the back of Bank Negara's decision to keep the overnight policy rate unchanged.
BEIJING/SHANGHAI: Chinese shares fell on Thursday, weighed down by consumer and material firms, as the benchmark index reversed course a day after its biggest gain in three weeks.