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KUALA LUMPUR: Semiconductor and tech-related stocks led the stock higher in early Thursday trade after the broad selloff the previous day as investors sentiment perked up on the firmer overnight Wall Street close.
PETALING JAYA: PPB Group Bhd has been been upgraded to an “outperform” from “market perform” by Kenanga Research on improving prospects.
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: Gains by Tenaga Nasional enabled the FBM KLCI to close a shade below the key 1,600 level in a trade-shortened day on Thursday, ahead of the Lunar New Year.
KUALA LUMPUR: Petronas Chemicals gave the FBM KLCI a much needed lift early Monday as crude oil prices advanced while Asian markets were near record highs.
KUALA LUMPUR: Blue chips closed lower on Friday, weighed down by Top Glove, IHH Healthcare and other blue chips as funds continued to take profit ahead in the absence of strong positive catalysts.
KUALA LUMPUR: Bursa Malaysia closed on a slightly firmer note on Thursday with trading focus on small capitalised stocks while glove stocks and semicon and tech-related stocks were mixed.
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: Semiconductor and tech related stocks and glove makers rebounded on Friday as market sentiment improved slightly but the FBM KLCI failed to close above the key 1,600 level.