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Business 05 Apr 2005 | 12:00 AM

KLCI falls to a 5-month low of 867 points

THE KL Composite Index (KLCI) fell 8.7 points, or 0.94%, to 867 yesterday, its lowest level in five months, on extended selling pressure as jittery investors cut their positions amid growing concerns that foreign funds would continue to flow out of the market.

Business 21 Sep 2011 | 12:00 AM

Petronas units shares down on Eurozone crisis and declining oil prices

PETALING JAYA: Some Petroliam Nasional Bhd (Petronas)-linked stocks took a beating, as uncertainties over the eurozone crisis and declining oil prices prompted jittery investors to take profit and unwind some of their positions in markets across Asia.

Business 04 Jul 2013 | 12:00 AM

Malaysian stock market correction expected

KUALA LUMPUR: The benchmark FBM KLCI may be due for a correction this quarter as valuations were not sustainable although the downside should be well-supported by strong liquidity in the banking system.

Business 21 Jan 2014 | 6:59 AM

South-East Asia stocks - Thai shares fall, M'sia sees some foreign funds selling

BANGKOK: Thai stocks fell for a second straight session on Monday as foreign investors shed exposure to risky assets after violence over the weekend hit sentiment, while other South-East Asian markets closed mixed amid concerns about a slowdown in the Chinese economy. Shares in Singapore and Malaysia closed 0.6%and 0.3% lower respectively with Kuala Lumpur witnessing a foreign outflow of US$88.08mil as expectation of a sluggish growth in China dented investor appetite for risky assets.

Business 24 Jan 2014 | 7:10 AM

SEA Stocks: Mostly Up, Thai up to near 4-wk high, M'sia down with foreign outflow of US$100mil

BANGKOK: Thai shares recovered strongly on Thursday to a near four-week high on foreign buying as the capital Bangkok returned to calm after weeks of political unrest, while other Southeast Asian markets mostly ended firmer though Singapore underperformed. Malaysia fell 0.3 percent with a foreign outflow of $100.23 million

Business 25 Jan 2014 | 7:15 AM

Southeast Asia stocks mixed as China growth concerns weigh

BANGKOK: Stocks in Indonesia and Singapore fell on Friday as disappointing Chinese manufacturing data and the possibility of the U.S. Federal Reserve further trimming its bond buying next week hit sentiment.

Business 28 Jan 2014 | 7:22 AM

All Southeast Asia stocks tumble on Fed tapering worries, M'sia at 3-1/2-month low

BANGKOK: All Southeast Asian stocks plunged on Monday, with foreign investors shedding exposure to risky assets, as emerging markets remained under pressure on concerns over U.S. Federal Reserve further tapering its stimulus and fears of a slowdown in China.

Business 04 Feb 2014 | 9:16 AM

KLCI slides 23 points in early trade, Tenaga slumps

KUALA LUMPUR: Malaysia’s blue chips sharply in early Tuesday trade, kicking off the start of trade for the Lunar New Year in the red, dragged down by Tenaga Nasional and Petronas Dagangan.

Business 07 Feb 2014 | 9:15 AM

Tenaga, DiGi push KLCI above 1,800

KUALA LUMPUR: Fund buying of key stocks Tenaga Nasional and DiGi pushed the FBM KLCI firmly above the crucial 1,800 level early Friday as investor sentiment perked up after the strong overnight close on Wall Street.

Business 11 Feb 2014 | 12:00 AM

Cheap lower liners on Bursa being picked at fastest pace in 3 months

PETALING JAYA: Retail investors have been picking up cheap lower liners on Bursa Malaysia at the fastest pace in three months, even as foreign funds continued to dump blue chips stocks due to worries over the tapering of bond purchases by the Federal Reserve in the United States.