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PETALING JAYA: With the moratorium on bank loans ending at the end of this month, some selling pressure is expected on the horizon for the local stock market.
KUALA LUMPUR: Bursa Malaysia closed lower on Tuesday but the 30-stock FBM KLCI managed to stay above the key 1,500 level, underpinned by gains in Tenaga Nasional and Public Bank.
KUALA LUMPUR: The FBM KLCI pared some of its earlier losses but remained in the red, closing below the 1,500-mark.
PETALING JAYA: The growth rate of average selling prices (ASPs) for gloves is expected to slow in the coming months but that is not going to dissuade Top Glove Holding Bhd from committing RM8bil in capital expenditure for expansion over the next six years.
KUALA LUMPUR: Shares of Top Glove Bhd came under selling pressure late Thursday, falling to a low of RM8 despite its strong set of earnings, firm outlook and dividend as investors took profit.
THE Americans do it. The Malaysians do it. Of course, we are talking about companies announcing share splits or bonus issues.
KUALA LUMPUR: The rout on Bursa Malaysia continued on Thursday as glove makers came under extended selling pressure ahead of the Sept 30 moratorium deadline and Bank Negara’s decision on the Overnight Policy Rate at 3pm.
KUALA LUMPUR: The recent selling pressure on glove makers saw Top Glove Corporation and Hartalega's market capitalisation shrink while their weighting in the 30-stock FBM KLCI slip.
HONG KONG (AFP): Technology and energy firms were among the big losers as Asian investors ran for the exit Wednesday (Sept 9) following another rout on Wall Street, with vaccine and post-Brexit trade deal fears adding to the perfect storm