Bursa Malaysia awash in red ahead of long weekend, over 900 counters fall
KUALA LUMPUR: Bursa Malaysia was awash in red ahead of the long weekend, with over 900 counters declining as selling pressure sent the FBM KLCI sharply lower, although last-minute buying helped pare losses.
Shares turn cautious ahead of Warsh speech; FX, bonds hold breath
SYDNEY: Shares in Asia turned cautious on Friday after a Nvidia-fuelled technology rally, while currency and bond markets held their breath for the world's most powerful central banker to speak on U.S. interest rates.
Cautious trading ahead of Merdeka holiday
KUALA LUMPUR: Traders on Bursa Malaysia are cautiously positive ahead of the Merdeka Day celebrations, with the FBM KLCI making a slight retracement after the previous day's fall.
Nvidia lifts Wall Street ahead of Warsh speech
The technology-heavy Nasdaq outperformed peers at the close of trade on Thursday after chip maker Nvidia's bumper revenue forecast reaffirmed the strength of the AI boom and fuelled gains in technology stocks.
Gold, bitcoin up as investors buy scarcity hedges
Investors are no longer choosing between gold and bitcoin as hedges against fiscal anxiety. They're buying both.
Profit-taking drags FBM KLCI lower amid corporate earnings season
KUALA LUMPUR: Profit-taking in selected heavyweights dragged the FBM KLCI lower on Thursday as investors digested a slew of corporate earnings, while the broader market remained mixed.
World stocks steady as Nvidia outlook lifts tech shares
SINGAPORE/MILAN: Stocks steadied on Thursday after Nvidia's strong sales growth forecast bolstered technology shares, while geopolitical uncertainty and data showing the Federal Reserve's preferred U.S. inflation measure is stubbornly high subdued trade elsewhere.
Bursa Malaysia turns mixed at midday
KUALA LUMPUR: Bursa Malaysia turned mixed at midday, with utilities, telecommunications and media, as well as industrial products and services counters continuing to provide support to the local bourse.
FBM KLCI holds steady as corporate results continue to flow in
KUALA LUMPUR: The FBM KLCI held firm at the start of Thursday trading amid the ongoing corporate results period, and as investor sentiment lifted after a better-than-forecast result from Nvidia helped to ease concerns over AI-related earnings.
Wall St dips on inflation ahead of Nvidia results
Wall Street's main indices closed slightly lower on Wednesday after a US inflation reading came in hotter than expected, while many investors stuck to the sidelines ahead of AI bellwether Nvidia's earnings later in the day.
