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KUALA LUMPUR: The rally in glove makers including Supermax Corporation Bhd, whose shares hit an all-time high of RM12.44 on Thursday has seen its market capitalisation surge past several FBM KLCI stocks.
KUALA LUMPUR: The trading frenzy eased off in late afternoon on Thursday as heavy churning of penny stocks took a breather while the FBM KLCI failed to hold on to its gains.
SHANGHAI: China shares on Thursday extended their rally into an eighth day, fuelled by liquidity, policy support and retail investor enthusiasm, even as regulators cracked down on margin financing and as state media warned of market risks.
KUALA LUMPUR: Bursa Malaysia extended its gains on Thursday amid escalating trading volumes as confidence mounted that global stimulus measures would help to stabilise economic growth.
KUALA LUMPUR: Traders were very active in early Thursday trade, with penny stocks seeing heavy churning and pushing the total trading volume past two billion shares in less than half an hour.
NEW YORK: Tesla Inc's blistering stock rally is putting Chief Executive Elon Musk in reach of a payday potentially worth US$1.8 billion, his second jackpot from the electric car maker in about two months
NEW YORK: The dollar dropped to two-week lows on Wednesday, showing reduced safe-haven appeal for now, as U.S. tech stocks rallied and commodity prices firmed, even as sentiment remained cautious amid a resurgence of new coronavirus cases globally, particularly in the United States.
PETALING JAYA: Investors should undertake a dynamic multi-asset allocation in managing their investment portfolio, in view of the current low interest rate and volatile market environment.
KUALA LUMPUR: Bursa Malaysia posted a fresh record high in trading volume of 11.807 billion units on Wednesday, driven by penny stocks, with AirAsia also actively traded after announcing it had triggered the PN17 criteria.
KUALA LUMPUR: Bursa Malaysia erased the losses from yesterday's selloff amid a surge in trading activity as buying interest picked up on the market.