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KUALA LUMPUR: Selling pressure in the afternoon pushed the FBM KLCI into the red on Tuesday, dragged down by losses in Petronas-linked stocks, while key Asian markets closed mixed.
SHARE margin financing, which refers to borrowing from a bank or broker to buy shares, can help investors make a profit in an upmarket.
KUALA LUMPUR: The FBM KLCI slipped on Thursday amid weaker sentiment for global equities and as glove counters came under selling pressure.
KUALA LUMPUR: Top Glove has once again overtaken Public Bank as the second most valuable company on Bursa Malaysia following the re-implementation of the Conditional Movement Control Order (CMCO) in Sabah, Selangor, Kuala Lumpur and Putrajaya.
PETALING JAYA: Opposition leader and PKR president Datuk Seri Anwar Ibrahim has expressed concern that several stocks listed on the local bourse that are linked to him have recently seen extraordinarily active trading and gains
THE dollar continued to decline for the second consecutive week, down 0.25% w/w to 93.61, underpinned by persistent upbeat sentiment in global markets, supporting investors’ risk appetite as investors continue to bet on some form of fiscal aid emerging ahead of the US elections.
KUALA LUMPUR: The ringgit opened unchanged against the US dollar today amidst mixed sentiment in the market as selling pressure re-emerged amidst a spike in political uncertainties.
KUALA LUMPUR: Selling pressure accelerated on Bursa Malaysia on Wednesday as rising Covid-19 cases and the fallout on the economy saw the FBM KLCI close down at its lowest since June 26 while the ringgit weakened.
TWO months ago, this column wrote about how retailers were hooked to the stock market and that many would get their fingers burnt when the party ended.
KUALA LUMPUR: Bursa Malaysia came under selling pressure on Thursday as the key FBM KLCI closed below the crucial 1,500-level on blue-chip selling.