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Bursa Malaysia started Friday on a weak note as investor sentiment was impacted by the overnight tumble on Wall Street and taking the hit were tech and chip makers.
The FBM KLCI closed higher on Monday, underpinned by gains in Maybank, Maxis and CIMB amid a firmer broader market while crude palm oil surged to a fresh high since 2008.
KUALA LUMPUR: Bursa Malaysia started the week on a firmer note on Monday as the FBM KLCI advanced on gains by Hong Leong Bank, tracking the steady key Asian markets.
KUALA LUMPUR: Investors’ appetite for riskier assets on the first trading day of the Year of the Ox and a jump in crude oil prices enabled the FBM KLCI to close above the critical 1,600 on Monday.
KUALA LUMPUR: The FBM KLCI snapped the recent losing streak on Wednesday, which had been triggered by late fund selling, while semiconductor and technology related stocks were among the top gainers.
KUALA LUMPUR: Bursa Malaysia staged a rebound in early Tuesday, with Public Bank and semicon and tech stocks taking the lead as specualtion of a stricter lockdown to contain the Covid-19 pandemic eased.
KUALA LUMPUR: Despite opening higher, the FBM KLCI succumbed to mild profit-taking activities as the key index lingered mostly in the negative territory in the afternoon session.
KUALA LUMPUR: Chip makers and tech related stocks continued to outshine the broader market with MPI scaling to fresh historic highs.
BANDAR SERI BEGAWAN, Jan 17 (Xinhua): Hengyi Industries Sdn Bhd, a China-Brunei joint venture, has been contributing to the local economy, Chen Liancai, the CEO of the company, told Xinhua.
BANDAR SERI BEGAWAN (Xinhua): Hengyi Industries Sdn Bhd, a joint venture between China and Brunei, conducted an emergency response exercise at Pulau Muara Besar Industrial Park (PMB) to test the readiness and response plan of Hengyi as well as various related agencies.