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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: Petronas Chemicals, IHH Healthcare and Maybank lifted the FBM KLCI at midday on Thursday while spot gold price advanced and the ringgit rose against the US dollar.
ALTHOUGH Malaysia has been heralded as one of the most successful countries in handling Covid-19, our economy has taken a strong hit in our efforts to overcome the pandemic. At 3.9%, Malaysia’s unemployment rate is the highest in a decade and it is expected to rise to 5.5%.
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.
PETALING JAYA: It was a back-to-back record day for Bursa Malaysia after both trading volume and daily turnover of the stock exchange surged to all-time-high levels
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.
JAKARTA/MANILA Aug 4 (Reuters): Share markets in Indonesia and the Philippines recovered more than 1% on Tuesday after sharp falls a day earlier, as strong US manufacturing data lifted investor spirits globally, offsetting worries over surging coronavirus cases at home.
KUALA LUMPUR: Blue chips extended their losses at midday on Tuesday, dragged down by Hartalega and Top Glove as spotlight shifted to their cheaper counterparts.
KUALA LUMPUR: Bursa Malaysia started Tuesday on a cautious note with the FBM KLCI slipping into the red, extending the battering by foreign funds the previous day while overall trading volume surged to 2.3 billion shares.