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KLCI closes at day's low, ringgit strengthens 0.32%
KUALA LUMPUR: The FBM KLCI gave up early gains to close at the day's low on Friday, while the ringgit climbed marginally against the US dollar.
Asian shares bounce as China moves to boost housing
SHANGHAI: Asian shares jumped on Friday after China cut a key lending benchmark to support a slowing economy, but a gauge of global equities remained set for its longest weekly losing streak on record amid investor worries about sluggish growth.
Asian markets up after Wall Street battering over recession fears
Asian markets opened higher Friday, as bargain-hunters capitalised on the battering Wall Street took the day before after decades-high inflation sparked recession fears.
FBM KLCI stays positive amid volatility in plantations stocks
KUALA LUMPUR: The FBM KLCI partially retraced earlier gains to end slightly higher at midday amid ongoing volatility in plantations stocks following Indonesia's scheduled lifting of its crude palm oil export ban.
KLCI in the red, ringgit hit the lowest since March 2020
KUALA LUMPUR: The FBM KLCI ended 0.35% lower on Thursday as risk sentiment soured as investors were concerned over the global economic slowdown.
Asian shares drop sharply as they track Wall Street's inflation-fuelled retreat
Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that added to worries over persisting high inflation.
FBM KLCI trims losses on earnings hopes
KUALA LUMPUR: The FBM KLCI shaved losses from earlier in the day as investors picked up bargains ahead of earnings results.
Bursa Malaysia ends higher for third straight day
KUALA LUMPUR: Bursa Malaysia ended higher for the third consecutive trading session Wednesday on continuous nibbling in selected heavyweights including financial services, consumer, and oil and gas stocks.
FBM KLCI sustains rally in anticipation of earnings results
KUALA LUMPUR: The FBM KLCI was positive at midday ahead of the peak results period and as investors regained some appetite for equities following a bounce in US markets.