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KUALA LUMPUR: Bursa Malaysia was given a boost on Thursday after the RM322.5bil federal budget, the nation's largest ever, was passed despite a call by the Opposition for bloc voting.
KUALA LUMPUR: Investors were cautious in early Thursday trade as they worried whether the Budget 2021 proposals would secure majority vote in parliament later in the day.
KUALA LUMPUR: Blue chips managed to recoup all of their previous day’s losses on Wednesday as investor sentiment was bolstered by strong key Asian markets, with Public Bank and Telekom Malaysia underpinning the FBM KLCI’s advance.
KUALA LUMPUR: Bursa Malaysia staged a rebound in early Wednesday trade, tracking the overnight rally on Wall Street, with Public Bank and Hong Leong Bank underpinning the FBM KLCI’s gains.
KUALA LUMPUR: Bursa Malaysia recorded more than 1,000 counters in the red at the close on Tuesday on concerns about the ability of the government to get a majority of the MPs to support the Budget 2021 proposals on Thursday.
KUALA LUMPUR: Investors' concerns about whether the Budget 2021 would get majority approval in Parliament on Thursday and the closure of some of Top Glove's plants weighed on Bursa Malaysia at midday on Tuesday.
KUALA LUMPUR: Bursa Malaysia got off Tuesday on a cautious note as losses in Top Glove and profit taking on Petronas Dagangan weighed on the FBM KLCI amid a weaker broader market.
KUALA LUMPUR: Bursa Malaysia closed higher Monday, tracking the gains at regional markets as investors pinned their hopes for economic revival on coronavirus vaccines.
KUALA LUMPUR: Petronas Dagangan and Petronas Gas helped shore up the FBM KLCI at midday on Monday but banks slipped ahead of the voting on the Budget 2021 at Parliament this Thursday.