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Continued curbs on short selling and flexibility in share financing amidst bullish sentiments raise questions
KUALA LUMPUR: What a week it has been for Bursa Malaysia as frenzied buying of penny stocks and heavy churning saw the trading volume break fresh records several times this week.
KUALA LUMPUR: Bursa Malaysia's trading volume rose at an unprecedented pace on Friday, hitting nearly 12.5 billion shares in the morning session alone.
KUALA LUMPUR: Glove maker Harps Holdings Sdn Bhd is weighing an initial public offering (IPO) to raise about US$500mil (RM2.1bil), according to people with knowledge of the matter.
KUALA LUMPUR: IHH Healthcare and Petronas Chemicals powered the FBM KLCI to Thursday's highest close while trading volume on the stock exchange recorded another fresh high.
KUALA LUMPUR: Malaysian glove maker Harps Holdings Sdn. is weighing an initial public offering in Kuala Lumpur to raise about $500 million, according to people with knowledge of the matter.
KUALA LUMPUR: Bursa Malaysia closed Wednesday on a firmer note despite a retreat in the FBM KLCI as investors chased after pharmaceutical stocks and gold miner Bahvest while glove makers saw mixed trade.
KUALA LUMPUR: Bursa Malaysia was shaky on Wednesday on the back of a volatile overnight trading session on Wall Street.
KUALA LUMPUR: Blue chips fell in early Wednesday trade with plantations and Public Bank dragging the FBM KLCI into the red again.
KUALA LUMPUR: Heavy churning of penny stocks saw the local stock market recorded a fresh high in trading volume at over 15 billion units – the second successive day on Tuesday – amid a firmer broader market.