FBM KLCI dips after five-day rally, poised to end on a weekly gain
KUALA LUMPUR: Traders may be cashing in on recent gains as the earlier lead in the FBM KLCI evaporated on profit-taking activities.
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
SINGAPORE: Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat U.S. economic data left traders trimming bets on rate cuts there.
Bursa Malaysia buoyed by improved investor appetite
KUALA LUMPUR: Bursa Malaysia's rally is alive and well after better-than-expected earnings from Taiwan Semiconductor Manufacturing Co. and major US banks helped to boost investor appetite for equities.
Wall St ends higher as banks gain on upbeat results
US stocks rose on Thursday after two days of declines as Morgan Stanley and Goldman Sachs shares shot up following upbeat quarterly results, while Taiwan-based chipmaker TSMC's blockbuster results boosted shares of US chipmakers.
Equity market set for uptrend on receding tariff tensions, narrowing spread
The equity market is set for an upward momentum with the country's gross domestic product (GDP) growth expected to surpass 4% for this year, coupled with the receding of US tariff tensions, and the narrowing between the US federal funds rate (FFR) and overnight policy rate (OPR) spread.
FBM KLCI on a roll, notches fifth straight gain
KUALA LUMPUR: Bursa Malaysia extended its rally for a fifth straight session to end at an intraday high, with technology and semiconductor counters leading gains.
1 Doc International eyes Main Market listing
PETALING JAYA: 1 Doc International Bhd is eyeing a listing on the Main Market of Bursa Malaysia.
Bursa Malaysia slips as profit-taking hits heavyweight counters, KLCI down 0.33%
KUALA LUMPUR: Bursa Malaysia ended the morning session in negative territory, weighed down by continued profit-taking in most heavyweight counters.
FBM KLCI hovers above 1,700 support
KUALA LUMPUR The FBM KLCI made a cautious start on Thursday after a four-day rally that tacked on about 2.4% to the market benchmark.
Wall Street ends lower, led by drop in Nasdaq
US stocks finished lower on Wednesday, led by a drop in the Nasdaq, with technology shares declining as investors moved into more defensive areas, while bank stocks extended recent losses following some mixed quarterly results.
