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KUALA LUMPUR: Bursa and key Asian markets closed sharply higher on Tuesday as investor sentiment was reinforced by stimulus measures and a drop in new Covid-19 cases.
KUALA LUMPUR: Bursa Malaysia’s FBM KLCI ended Tuesday, the first quarter of 2020, on a downbeat note as the Covid-19 ravaged global and Asian markets, which was worse than the 2008 Global Financial Crisis.
KUALA LUMPUR: Market sentiment swung higher as investors welcomed improved Chinese factory activity while overnight there was news of a drop in new Covid-19 cases in Italy, a global hot spot for the pandemic.
KUALA LUMPUR: Bursa Malaysia closed lower on Monday, snapping last week’s rally, in line with key Asian markets as investors worried about more countries imposing lockdowns.
KUALA LUMPUR: The FBM KLCI started Monday on a lighter footing as it snapped four-days of gains following the IMF's declaration that the coronavirus pandemic had triggered a global recession.
KUALA LUMPUR: Bursa Malaysia ended the week on a strong note, buoyed by positive news about several countries’ stimulus packages including Malaysia’s to offset the devastating impact of the Covid-19 coronavirus.
KUALA LUMPUR: Local fund buying continued to underpin the FBM KLCI’s firmer close on Thursday, though off the intra-day high amid a firmer broader market.
KUALA LUMPUR: The FBM KLCI advanced for a third consecutive day as investors returned to equities following the announcement of stimulus plans to bolster the economy.
KUALA LUMPUR: Asian markets extended their rally on Wednesday while Bursa Malaysia held on to most of the early gains following positive news about the US government’s massive economic stimulus bill.