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KUALA LUMPUR: Fund buying of Petronas-linked stocks and Tenaga Nasional helped power the FBM KLCI out from the red at the close on Friday but the overall market sentiment was still mixed ahead of the weekend.
KUALA LUMPUR: Asian markets closed weaker on Wednesday on rising US-China tensions while some selling of Petronas-linked stocks pushed the FBM KLCI into the red but above the key 1,600 level.
KUALA LUMPUR: The FBM KLCI managed to cling on the key 1,600 level early Wednesday as Petronas Gas, Public Bank, Telekom Malaysia and Tenaga Nasional slipped amid lack of fund support.
KUALA LUMPUR: Public Bank, Hong Leong Bank and Tenaga Nasional reversed their losses and nudged the FBM KLCI into the positive zone at the close of trade on Tuesday after a volatile day.
KUALA LUMPUR: IHH Healthcare, CIMB and Digi powered the FBM KLCI comfortably above the key 1,600 level on Monday but G3 Global, which had surged in recent weeks, hit limit-down.
KUALA LUMPUR: Shares of IHH Healthcare gave the FBM KLCI the much needed lift to return to the positive zone after a volatile day on Friday – despite some late selling pressure – while key Asian markets closed higher.
KUALA LUMPUR: Blue chips extended their losses on Thursday, weighed by losses in IHH Healthcare, Tenaga Nasional and Axiata while key Asian markets did not offer much optimism following the uncertain US-China trade talks.
KUALA LUMPUR: Confusion over the state of the US-China trade talks pushed Wall Street futures, European and Asian markets deeper into the red, with Bursa Malaysia also following suit, further weighed down by Petronas Chemicals weaker earnings.
KUALA LUMPUR: Bursa Malaysia and key Asian markets got off Wednesday on a cautious start after disappointing news from the US on progress of a possible trade deal.
KUALA LUMPUR: Sime Plantation, IOI Corp and KL Kepong helped underpin the FBM KLCI's firmer close on Tuesday after a rally in crude palm oil (CPO) prices.