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FBM KLCI pares losses but still in red
KUALA LUMPUR: Bursa Malaysia has reversed some of its losses but remained in the red at closing, mirroring the performance on Key Asian markets.
KLCI climbs on last trading day of February, broader market cautious
KUALA LUMPUR: Some mild buying of blue chips helped the FBM KLCI extend its rebound early Friday but the tech sell-off on Wall Street and weaker Asian markets weighed on the broader market.
Semicon and tech stocks rebound
KUALA LUMPUR: Semiconductor and tech-related stocks led the stock higher in early Thursday trade after the broad selloff the previous day as investors sentiment perked up on the firmer overnight Wall Street close.
FBM KLCI declines 7.5 points; almost 1,000 stocks in red
KUALA LUMPUR: Share prices on Bursa Malaysia ended lower, mirroring regional equity performances on continuous profit-taking in index-linked stocks.
Local bourse seen to end the year with a bang
PETALING JAYA: The FBM KLCI is expected to end the year on a high note, driven by a sharp recovery in corporate earnings and the higher participation of foreign investors.
Recovery in corporate earnings, cheap valuations could lure back foreign funds
PETALING JAYA: Foreign investors are expected to return to Bursa Malaysia this year due to a recovery in corporate earnings and attractive valuations.
FBM KLCI expected to climb to 1,870-level in 2021
KUALA LUMPUR: The FBM KLCI is expected to climb to the 1,870-level in 2021, supported by solid corporate earnings growth as well as prevailing alluring market valuation, said Rakuten Trade Sdn Bhd.
Broad selloff on Bursa as KLCI tumbles 19.45 points
KUALA LUMPUR: The FBM KLCI ended at the day’s low due to last-minute selling in selected heavyweights.
Indonesian banker named CEO of country's new sovereign wealth fund
JAKARTA (Reuters): Indonesian President Joko Widodo on Tuesday (Feb 16) announced the appointment of a senior banker, Ridha D.M. Wirakusumah, as the chief executive of the country's new sovereign wealth fund, which has a target of managing US$20 billion in funds.
