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KUALA LUMPUR: Bursa Malaysia closes at its intra-day high on Monday, with Petronas-linked and consumer stocks topping gainer’s list.
NEW YORK: Some of the world’s top money managers are betting on a post-pandemic spending boom that will boost real-world companies as economies reopen and people go back to their normal lives.
Bursa Malaysia extended losses early Wednesday after the heavy selling the previous day as investor sentiment was hit by worries in the US markets and slide in crude oil prices.
The negative sentiment from the key Asian markets spilled over to Southeast Asian markets including Bursa Malaysia.
Bursa Malaysia started Friday on a weak note as investor sentiment was impacted by the overnight tumble on Wall Street and taking the hit were tech and chip makers.
Bursa Malaysia closed mixed amid sustained buying of chip and tech stocks on Thursday but profit taking weighed on glove makers.
Blue chips climbed in early Thursday trade, with chip makers and tech stocks among the top gainers, tracking the strong key Asian markets after Wall Street posted record closing.
KUALA LUMPUR: The FBM KLCI extended its rally for a fourth straight day as a continued interest in recovery-themed plays and a rebound in technology stocks sent global equities higher.
KUALA LUMPUR: Blue chips edged higher in early Wednesday trade, underpinned by gains in PPB Group and Tenaga Nasional but buying interest was still limited.