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KUALA LUMPUR: The trading frenzy eased off in late afternoon on Thursday as heavy churning of penny stocks took a breather while the FBM KLCI failed to hold on to its gains.
KUALA LUMPUR: Shares of Bursa Malaysia rose to a high of RM8.59 in Thursday morning trade as it is seen as a big beneficiary from the surge in trading volume to fresh record high.
KUALA LUMPUR: Traders were very active in early Thursday trade, with penny stocks seeing heavy churning and pushing the total trading volume past two billion shares in less than half an hour.
KUALA LUMPUR: Bursa Malaysia posted a fresh record high in trading volume of 11.807 billion units on Wednesday, driven by penny stocks, with AirAsia also actively traded after announcing it had triggered the PN17 criteria.
KUALA LUMPUR: Shares of Focus Dynamics fell to a low of RM1.03 on Wednesday after the spike in its share price the previous day triggered a query from Bursa Securities.
KUALA LUMPUR: Bursa Malaysia was slightly higher in early Wednesday trade as the FBM KLCI edged up on gains in Hong Leong Bank and Petronas Dagangan.
NEW YORK: Oil prices settled little changed on Tuesday as demand concerns due to a new surge in coronavirus cases overshadowed U.S. government forecasts for lower production
KUALA LUMPUR: Bursa Malaysia's recent rally hit a speed bump on Tuesday on selling of Petronas-linked stocks and Tenaga Nasional, in line with the key Asian markets except China.
KUALA LUMPUR: Top Glove and Hartalega continued to underpin the FBM KLCI’s advance and keeping the stock market on track for the seventh straight days of gains.