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KUALA LUMPUR: Petronas Chemicals underpinned the FBM KLCI’s rebound early Wednesday after its strong fourth quarter earnings and also firm crude oil prices.
PETALING JAYA: Optimism over the Covid-19 vaccine developments and improving corporate earnings will continue to drive global equity markets including Malaysia in 2021, say analysts.
KUALA LUMPUR: Foreign selling expanded to RM615.4mil on Bursa Malaysia from Monday to Friday last week compared with RM86.6mil sold in the whole of the preceding week, according to Bank Islam Malaysia Bhd economist Adam Mohamed Rahim.
KUALA LUMPUR: Bursa Malaysia demonstrated its resilience on Tuesday as local funds and retail investors jumped in to scoop up battered down stocks and sent FBM KLCI solidly above the key 1,600 level.
KUALA LUMPUR: Foreign selling battered the local stock market on Monday but the FBM KLCI managed to recoup half of the losses in early Tuesday trade as investors sought out hammered-down blue chips.
KUALA LUMPUR: Foreign funds were net sellers on Bursa Malaysia in the week ended Nov 27, raising their total net selling since January to RM23.48bil, according to MIDF Equities Research.
KUALA LUMPUR: Foreign selling on Bursa Malaysia rose marginally to RM268.8mil for the week ended November 20 compared with RM246.32mil a week before, according to MIDF Research.
MANILA, Nov 6 (Philippine Inquirer/ANN): The main stock barometer rallied to the 6,600 mark on Thursday as investors warmed up to prospects of Joe Biden becoming America’s new president.