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KUALA LUMPUR: Blue chips eked out slight gains in early Wednesday trade as the FBM KLCI was supported by Hartalega and Petronas Gas.
PETALING JAYA: With the moratorium on bank loans ending at the end of this month, some selling pressure is expected on the horizon for the local stock market.
Analysts call for transition roadmap to other markets
KUALA LUMPUR: Bursa Malaysia ended broadly higher today, with buying support in glovemakers, in line with the firmer key Asian markets.
KUALA LUMPUR: FTSE Bursa Malaysia KLCI (FBM KLCI) is set to close the year at the 1,580 level based on calendar year 2020 (CY20) price-earnings (PE) multiple of 15 times, said Rakuten Trade Sdn Bhd head of research Kenny Yee.
KUALA LUMPUR, Sept 12 (Bernama): Bursa Malaysia is expected to continue its consolidation mode with an upward bias next week on prolonged bargain-hunting in glove counters.
GOLD, and its digital counterpart, Bitcoin, have had a pretty good run among investors seeking a haven or those willing to take a punt on cryptocurrency.
PETALING JAYA: After a good rally since April this year, the local stock market is seeing some reversals as investors take some profits before the loan moratorium comes to an end this month.
THE second quarter earnings season holds no major surprises for corporate Malaysia. With the economy grouded to a halt due to the movement control order, most businesses were already anticipated to be badly hit operationally and financially. However, glove makers are clearly an exception.