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KUALA LUMPUR: Foreign selling of local equities on Bursa Malaysia slowed down last week to RM270mil against RM339.4mil in the preceding week, according to MIDF Research.
KUALA LUMPUR: Sustained buying of Top Glove and Hartalega powered the FBM KLCI past the key 1,600 level in early Monday trade, tracking the bounce in key Asian markets.
KUALA LUMPUR: International investors disposed of RM212.1 million net of local equities in the period of July 6 to July 9 (Monday-Thursday), down from the net outflow of RM339.4 million in the whole of last week.
STOCKS have started the second half of 2020 in a strong position after a volatile period in the first half of the year.
SHANGHAI: Mainland China shares fell on Friday for the first time since June 29 on signs of renewed US-China tensions and after the country's state funds announced stake cuts in companies, a move that comes following a torrid bull run in the stock market.
KUALA LUMPUR: Public Bank and Petronas Chemicals weighed on the FBM KLCI early Friday after the weaker overnight close on Wall Street added caution to key Asian markets. However, glove makers were top gainers, led by Supermax and its call warrants
KUALA LUMPUR: Traders were very active in early Thursday trade, with penny stocks seeing heavy churning and pushing the total trading volume past two billion shares in less than half an hour.
KUALA LUMPUR: The inflow of foreign funds into Malaysia’s debt securities rose to RM11.6bil in June, the fastest pace in over four years, Kenanga Investment Bank Research said.