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KUALA LUMPUR: Bursa Malaysia remained wobbly at the midday break with an overwhelming number of counters hovering in negative territory as investors took stock of the mounting headwinds against the equities market.
KUALA LUMPUR: Bursa Malaysia showed further signs of weakness on Thursday, defying hopes for a rebound after the US announced it had detected its first case of the Omicron virus within its borders.
LONDON: China, the world's largest aluminium producer, is still running short of primary metal.
KUALA LUMPUR: The FBM KLCI's rebound gained momentum headed into midday as fears over the economic impact of the new strain of Covid-19 virus subsided.
Group set to ride on soaring global aluminium prices
KUALA LUMPUR: The FBM KLC pared losses as it entered midday with glove stocks helping to shore up the index, which had been pressured lower on concerns over global lockdowns resulting from the spread of a new Covid-19 variant.
KUALA LUMPUR: Stocks that could see investor interest on Monday include Brem, IGB, Malakoff, AMMB, Alliance Bank, IOI Properties, Time dotcom, Press Metal, Sarawak Oil Palm, Padini, UOA Development, Hengyuan, Careplus, Pestech, KPJ Healthcare, SKP Resources, PetDag and Rubberex, according to JF Apex Research.
KUALA LUMPUR: Glove stocks continued to see returning investor interest after a new worrying strain of Covid-19 was indentified in multiple global locations in recent days.
BASED on the statistics provided by Bursa Malaysia, year-to-date, the biggest buyers on the local bourse in the form of market participants are the retail investors with a total net inflow of approximately RM11.7bil as at Nov 24, 2021.
KUALA LUMPUR: Bolstered by higher aluminium prices, Press Metal Aluminium Holdings Bhd recorded a net profit of RM283.33mil in the third quarter ended Sept 30, 2021, which was more than double the net profit of RM121.98mil in the same quarter a year ago.