#Travel #Singapore Singapore At the Southernmost tip of the Malaysian Peninsula lies the world’s 2nd most open economy and pro-business regime whose thriving manufacturing and logistics industries, coupled with booming new industries such as fintech and cybersecurity, have proved alluring to expat workers that have flocked to the country in droves. Singapore has become known […]
World stocks have risen 35% from a late March bottom. Australian shares closed higher Tuesday after the country’s central bank reiterated that the impact from the C-19 coronavirus chaos could be less damaging than initially feared, stoking hopes of a speedy economic recovery. The S&P/ASX 200 closed 0.3% firmer at 5,835.10, though lingering worries over […]
Australian shares eased 1.6% Friday, though gained for the 5th straight week as hopes of a faster-than-expected economic recovery Down Under from C-19 coronavirus chaos-induced disruptions outweighed worries of a deepened US-China rift. The S&P/ASX 200 closed at 5,755.7 and saw its worst day in 2 wks, as markets nervously awaited a response from the […]
Hong Kong shares ended lower Thursday. The Hang Seng index closed down 0.7% to 23,132.76, after falling more than 2% mid-session to its lowest mark since 25 May. The Hang Seng China Enterprises index fell 0.2%. The sub-index of the Hang Seng tracking energy shares was flat, the IT sector lost almost 2%, the financial […]
Australian shares settled lower Wednesday as rising tensions in Hong Kong over China’s proposed security law took the shine off surging bank stocks and tempered expectations of a global economic recovery. The S&P/ASX 200 opened lower but recouped losses to rise 1% in intra-day trade. However, selling in the final 15 mins of trade wiped […]
Australia and New Zealand stock indexes on Tuesday surged to their highest in more than two months, fuelled by mounting hopes of a global economic recovery as more countries emerge from the coronavirus-induced lockdown. The S&P/ASX 200 index advanced more than 2% for the 2nd straight session and ended 2.9% firmer at 5,780 pts. The […]
China and Hong Kong stocks were little changed Thursday ahead of the country’s annual parliament session, starting this week, that could yield more economic stimulus. At the midday break, the Shanghai Composite index was up 0.05% at 2,885.20. China’s blue-chip CSI300 index was up 0.06%, with its financial sector sub-index losing 0.07%, the Real Estate […]
China shares fell Wednesday as cautious investors held back ahead of the country’s annual political meetings where policymakers will discuss measures to boost the economy. At the midday break, the Shanghai Composite index was down 0.45% to 2,885.54. China’s blue-chip CSI300 index was down 0.49%, with its financial sector sub-index lower by 0.37%, the consumer […]
MSCI’s broadest index of Asia-Pacific shares sans Japan last traded up 1.6% in late Asian trade. Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities. The […]
China shares ended higher Monday as investors took hope from data showing home prices rose in April, but renewed trade tensions between Beijing and Washington At the close, the Shanghai Composite index was up 0.24% at 2,875.42. The blue-chip CSI300 index was up 0.26%, with its financial sector sub-index higher by 0.06%, the consumer staples […]
The Japanese benchmark Nikkei average dipped 0.3% to 19,854.03 by the midday break, with Real Estate and other defensive sectors leading the losses. On the week, the Nikkei was down 1.6%, poised for its 1st weekly decliner in 3. The broader Topix fell 0.3% to 1,441.96 by the recess, with 66% of the 33 sector […]
Chinese shares closed lower Thursday as investors worried about a prolonged recovery in the economy, while awaiting more active stimulus policies to cushion the blow from the C-19 coronavirus chaos. The Shanghai Composite index ended 0.96% lower to 2,870.34. The blue-chip CSI300 index shed 1.08%, with its financial sector sub-index sliding 1.33%, the consumer staples […]
Japan’s Nikkei share average slipped from a two-month high on Tuesday as concerns about further waves of coronavirus infections undermined recent optimism on economic re-openings. The Nikkei share average ended down 0.12% to 20,366.48 points, a day after it hit a 2-month high. It has risen 18.7% from a bottom hit on 19 March. The […]
China stocks shed early gains to end a tick lower Monday, amid renewed concerns over the coronavirus outbreak as Wuhan reported its 1st cluster of infections since the lockdown was lifted a month ago. At the close, the Shanghai Composite index was down 0.02% at 2,894.80. The blue-chip CSI300 index was down 0.09%, with its […]
China stocks closed higher Friday as investors cheered Beijing opening up its financial markets further to foreign investors. China finalised rules Thursday that scrap quotas under 2 major inbound investment programs, giving qualified foreign institutions unlimited access to Chinese stocks and bonds. At the close, the Shanghai Composite index was up 0.83% at 2,895.34 and […]
Asian shares pared early losses Thursday after Chinese exports proved far stronger than even Bulls imagined. Around the region, MSCI’s Asia sans Japan stock index was weaker by 0.1%, while Japan’s Nikkei index closed up 0.28%. China stocks ended lower Thursday, as investors are still cautious on a bleak trade outlook globally that could slow […]
Australian shares ended lower in lite trade Wednesday as investors took profits after 2 sessions of sharp gainers, with banking stocks dominating the losses. The S&P/ASX 200 index closed 0.42% lower to 5,384.6 pts, having gained more than 3% in the past 2 sessions as the country eased coronavirus restrictions. New Zealand’s benchmark S&P/NZX 50 […]
Hong Kong shares Tuesday recouped some of the prior session’s sharp losses, tracking gains in broader Asia, as countries laid out plans to ease coronavirus-induced restrictions. The Hang Seng index rose 0.5% to 23,742.13 pts, having lost more than 4% Monday as US-China tensions simmer. The Hang Seng China Enterprises index gained 0.4% Tuesday. The […]
Australian shares fell 5% Friday, their most in 5 wks, as risk sentiment was battered by threats of new tariffs from US President Trump Vs China. President Trump made clear his concerns about China’s role in the origin and spread of the coronavirus were taking priority over efforts to build on an initial trade agreement. […]
China stocks rallied Thursday to post their biggest monthly advance since December, after positive trial results for a drug to treat COVID-19 and downbeat data reinforced hopes of further stimulus to bolster the world’s 2nd-largest economy. The blue-chip CSI300 index ended up 1.2% at 3,912.58, while the Shanghai Composite Index closed 1.3% higher at 2,860.08. […]
Australian shares finished lower Tuesday after the Treasury said it was not working on any new stimulus packages at the moment, while the country readied to relax some restrictions amid a decline in coronavirus cases. The S&P/ASX 200 index ended 0.2% lower to 5313.1 at the close. The benchmark rose 1.5% Monday. New Zealand’s benchmark […]
MSCI’s broadest index of Asia-Pacific shares sans Japan rose 0.1% in early trade, while Japan’s Nikkei gained 1.1% ahead of an earnings heavy week. Philippine shares fell Monday following a warning that the coronavirus pandemic will likely send the economy into its first annual contraction in more than two decades this year, while financials helped […]
Australian shares ended higher on Friday, but reported its first weekly loss this month, with investors now eyeing corporate results that are set to reflect the economic damage from the coronavirus pandemic. The benchmark S&P/ASX 200 index closed 0.5% higher at 5,242.6. On the week, it shed 4.5%. New Zealand’s benchmark S&P/NZX 50 index fell […]
Chinese stocks ended off Thursday, as mounting economic uncertainty sparked by the coronavirus pandemic kept share prices capped, stopping investors from chasing the rebound from the prior session. The Shanghai Composite index closed 0.2% lower to 2,838.50. The blue-chip CSI300 index ended down 0.3%, with its financial sector sub-index down 0.3%, the consumer staples sector […]
Japanese shares fell Tuesday with energy-related companies taking the brunt of a collapse in Crude Oil prices, while the virus pandemic curbed any risk appetite ahead of corporate earnings. The Nikkei share average fell 1.97% to 19,280.78, slipping further from Friday’s near 6-wk high at 19,922. The broader Topix lost 1.15% to 1,415.89. China and […]
FTSE Bursa Malaysia KLCI (.KLSE) pares gains, tracks regional markets but CIMB shines Bursa Malaysia’s blue chips gave up most of its gains on Monday as investor sentiment turned cautious in line with key Asian markets but CIMB Group managed to prop up the FBM KLCI. Shayne Heffernan Trade Idea “We remain no change to […]
SKorean shares rose Monday as relaxation of some social distancing rules fuelled optimism about the reopening of the broader economy, with China’s interest rate cut adding to the sentiment. The Korean Won weakened, while the benchmark bond yield was up. The Seoul stock market’s main KOSPI rose 4.44 pts, or 0.23%, at 1,918.07 as of […]
FTSE Bursa Malaysia KLCI (.KLSE) Navigating the Turbulence Bursa Malaysia extended last week’s gain to open higher today, with the composite index rising 1.19 per cent on the back of positive market sentiment following a strong performance on the Wall Street last week. The Shayne Heffernan Idea Wall Street’s stronger closing last Friday on hopes […]
Japanese shares Thursday tracked overnight losses on the Wall Street, as economic damage from COVID-19 weighed on investor sentiment, with banks and automakers leading the declines. The benchmark Nikkei average ended 1.3% lower at 19,290.20. The Nikkei’s volatility index, a measure of investors’ volatility expectations based on option pricing and considered to be a fear […]
FTSE Bursa Malaysia KLCI (.KLSE) retreats on profit taking Bursa Malaysia retreated from its recent gains to open lower this morning due to profit-taking activities following Wall Street’s weak overnight performance. At 9.02 am, key index FTSE Bursa Malaysia KLCI (FBM KLCI) fell 9.49 points to 1,378.3 from 1,387.79 at Wednesday’s close. The key index opened 5.83 points easier at […]
Australia’s main stock index fell Wednesday as prospects of a deep global recession and its impact on the demand for crude oil hammered energy stocks and offset better-than-expected trade data from China, the country’s biggest trading partner. The benchmark S&P/ASX 200 index fell 0.3% by 0039 GMT, with a 3.4% drop in energy stocks weighing […]
FTSE Bursa Malaysia KLCI (.KLSE) down, Bursa healthcare index rises the most The FBM KLCI closed down 1.47 points or 0.1% at 1,356.03 today, while rubber glove manufacturers’ share price gained, following global updates on the rising number of Covid-19 pandemic cases and higher death toll from the outbreak. At 5pm, the KLCI closed down […]
China and Hong Kong stocks gained Tuesday, after the world’s 2nd-largest economy posted better-than-expected trade data despite the coronavirus outbreak. China’s exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better-than-expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over […]
FTSE Bursa Malaysia KLCI (.KLSE) rises 0.38% on select index-linked stocks as regional markets trade mixed, US corporate earnings eyed The FBM KLCI advanced 0.38% in early trade Tuesday as gains at select index-linked stocks lifted the local bellwether, against the backdrop of mixed regional markets, with US corporate earnings this week set to dictate […]
Japanese shares fell Monday as investors worried about the impact of the coronavirus outbreak on corporate earnings, though stocks of Key Crude Oil exploration firms rose after major producers finally agreed their biggest-ever output cut. The benchmark Nikkei average dropped 2.3% to 19,043.40 on subdued activity. China stocks dipped Monday, as the country’s new daily […]
FTSE Bursa Malaysia KLCI (.KLSE) dips as key banking stocks retreat as regional markets trade mixed The FBM KLCI dipped in early trade this morning as key-index linked banking stocks retreated, against the backdrop of mixed regional markets. At 9.10am, the FBM KLCI dipped 3.30 points to 1,354.20. The early deccliners included Nestle (M) Bhd, […]
Most Southeast Asian stock markets rose Thursday, tracking an upbeat session on Wall Street, as hopes for the coronavirus outbreak nearing its peak rose, while expectations of a cut in oil output pushed the energy-heavy Thai index higher Australian shares rose more than 2% on Thursday, tracking gains on Wall Street as hopes that the […]
FTSE Bursa Malaysia KLCI (.KLSE) strengthens at close amid COVID-19 slowdown Bursa Malaysia, along with its Asian peers, ended higher on Tuesday amid optimism that the COVID-19 death toll and new cases are slowing down in several major economies. At 5 pm, key index FTSE Bursa Malaysia KLCI (FBM KLCI) rose 28.23 points or 2.10 per cent to 1,369.92 […]
Gold 1 OZ (XAU=X) likely to be determined by trader reaction to the downtrending Gann angle at $1667.80 Gold futures are trading at their highest level since March 26 shortly after the regular session opening on Monday. The move is being fueled by concerns over a global recession caused by the coronavirus pandemic. A relatively […]
FTSE Bursa Malaysia KLCI (.KLSE) closes higher as govt unveils RM10 bln special stimulus package Bursa Malaysia closed higher on Monday as the government unveiled a special stimulus package worth RM10 billion aimed at small and medium enterprises (SMEs) to soften the impact of the Movement Control Order (MCO) due to the COVID-19 pandemic . At […]
The S&P/ASX 200 index was up 4.3% at 5,286.80 at the close of trade, after the benchmark closed 1.7% down Friday. Southeast Asian stock markets are higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections. Major European nations reported lower virus death rates, with Italy seeing the […]
Due to the developing situation in China and Asia concerning the Coronavirus, this article has been prepared as a running live update service to keep businesses involved in ASEAN updated with the latest relevant regional news. Travel Advisory: we are hearing accounts of travelers in some ASEAN countries being denied entry if they possess any China visa […]
FTSE Bursa Malaysia KLCI (.KLSE) falls 28.23 points; Asian markets slugged Bursa Malaysia finished the first trading of the second quarter lower on Wednesday, in line with broader Asia markets. At closing, the FBM KLCI retreated 28.23 points, or 2.09% to 1,322.66. The index opened 5.99 points lower at 1,344.90 this morning. Losers outnumbered gainers […]
Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread. The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at […]
Southeast Asian stock markets rose Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating. Indian shares edged up Tuesday, tracking broader Asian peers, after upbeat factory data from China gave investors hope of […]
Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]
Philippines plunged 24% Thursday on reopening after a 2-day hiatus, while other Southeast Asian stock markets also sustained heavy losses on fears over the economic damage from the coronavirus pandemic. Indonesian equities fell 5%, triggering a circuit breaker for the 4th time in 6 sessions. Financial and consumer stocks were the biggest losers, with Bank […]
‘Zero-sum game’ for FTSE Bursa Malaysia KLCI (.KLSE) amid COVID-19 fears Malaysia’s equity market experienced a ‘zero-sum game’ last week as the outflow and inflow of funds were equal despite mounting fears over the COVID-19 pandemic that had triggered panic in the overseas markets. The local market was well supported by buying activities from both […]
FTSE Bursa Malaysia KLCI (.KLSE) sinks as selling in global equities accelerates Bursa Malaysia tracked the performance of the major markets lower amid the escalating threat of the Covid-19 outbreak. At the end of the morning session, 887 counters on the local stock exchange were in the red versus 134 in positive territory and 173 […]
FTSE Bursa Malaysia KLCI (.KLSE) bucks regional trend to close higher Bursa Malaysia closed higher Wednesday, bucking the trend of its regional peers, boosted by positive investors sentiment following several announcements made by the government to address the economic slowdown in the country. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 13.36 points […]
FTSE Bursa Malaysia KLCI (.KLSE) rebounds but sentiment on oil & gas stocks remains fragile While the broader market and the energy index staged a technical rebound today after a steep fall on Monday, some heavily sold oil & gas (O&G) stocks remained in negative territory as investors remain wary about the sector’s outlook. Dayang […]
FTSE Bursa Malaysia KLCI (.KLSE) plunges to nine-year low as oil prices crash The oil price rout triggered panic selling on Bursa Malaysia today, with the FBM KLCI plunging as much as 60.45 points or 4.1% to 1,422.65 points at one stage, the biggest drop since the 2008 global financial crisis. However, the key index […]
FTSE Bursa Malaysia KLCI (.KLSE) ends slightly higher Bursa Malaysia ended slightly higher, mostly in range-bound trading with bargain-hunting interspersing profit takings in heavyweight stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.08 points better at 1,491.03 from Wednesday’s close of 1,489.95. After opening 2.41 points higher at 1,492.36 this morning, the […]
FTSE Bursa Malaysia KLCI (.KLSE) ends on firm note Bursa Malaysia ended on a firm note today, supported by buying in heavyweight stocks amid positive market sentiment following Bank Negara Malaysia’s (BNM) move to cut the Overnight Policy Rate (OPR). At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 11.31 points to 1,489.95 from […]
FTSE Bursa Malaysia KLCI (.KLSE), global equities jump on expectation of policy stimulus for economy The FBM KLCI opened on a sharp rebound as it sought to retrace the losses of the previous session amid postive vibes over anticipated policy stimulus among the world’s key central banks. At 9.05am, the index was up 13.75 points […]
FTSE Bursa Malaysia KLCI (.KLSE) partially recovers as investors take stock of policy measures The FBM KLCI retraced most of its losses after diving 26 points to a low of 1,456.08 in the morning session. At 12.30pm, the index bounced higher to just 7.65 points in the red at 1,474.99 as investors took in the […]
FTSE Bursa Malaysia KLCI (.KLSE) plunges to almost a nine-year low Malaysia saw its net outflow dominated the equity market last week, surpassing a net sell of over RM1.15 billion compared with the previous week’s RM447.9 million due to the unnerving political turmoil which culminated in the scramble among political parties seeking to form the next government. An analyst […]
FTSE Bursa Malaysia KLCI (.KLSE) ends higher driven by economic stimulus Bursa Malaysia main index, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended on a high driven by the economic stimulus package announced by the interim Prime Minister, Tun Dr Mahathir Mohamad today. At the close, the index strengthens 10.40 points to 1,505.59 compared with […]
FTSE Bursa Malaysia KLCI (.KLSE) stages mild rebound as KLCI closes at 1,500 Some mild buying of Tenaga, Maybank and IHH Healthcare on Tuesday after the selldown the previous day enabled the key FBM KLCI to close above the key 1,500 level. At 5pm, the KLCI was up 10.82 points or 0.73% to 1,500.88 but […]
FTSE Bursa Malaysia KLCI (.KLSE) extends losses below 1,500 as selling pressure continues The FBM KLCI fell below the 1,500 support level in Monday morning trade amid the political uncertainty shaking investor sentiment, and is looking towards its next support at 1,470. As investors reacted to the negative news, the index gapped down at Monday’s […]
FTSE Bursa Malaysia KLCI (.KLSE) slips 0.19% as glove counters fall amid slowdown in Covid-19 infections he FBM KLCI slid 0.19% on Wednesday, weighed down by glove counters following a declining trend in new cases of Covid-19 infections. The benchmark index erased early gains to close 2.92 points lower at 1,534.16, dragged by profit-taking in […]
FTSE Bursa Malaysia KLCI (.KLSE) closes flat, techs under pressure after Apple caution Tech and semiconductor-related stocks came under pressure, in line with key Asian markets, after Apple Inc’s warning that it was unable to meet its March quarter sales forecast due to the Covid-19 coronavirus. The FBM KLCI was more resilient unlike recent days […]
FTSE Bursa Malaysia KLCI (.KLSE) Stock Market Likely To Remain Rangebound The Malaysia stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had advanced more than 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just above the 1,540-point […]
FTSE Bursa Malaysia KLCI (.KLSE) Tipped To Rebound The Malaysia stock market on Monday halted the four-day winning streak in which it had advanced more than 30 points or 2 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,545-point plateau although it’s expected to open higher again on Tuesday. The global forecast […]
FTSE Bursa Malaysia KLCI (.KLSE) ends in the red in line with regional markets Bursa Malaysia ended in the red today, in line with regional markets, as concerns over the unrelenting 2019 novel coronavirus outbreak continue to cloud market sentiment. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 11.69 points to 1,542.80 from […]
FTSE Bursa Malaysia KLCI (.KLSE) falls for 10th straight session Bursa Malaysia closed lower for the 10th straight session today, dragged down by all index except for the FBMPalmOil index, despite bids by China’s central bank to steady its domestic markets, said an analyst. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.59 […]
FTSE Bursa Malaysia KLCI (.KLSE) closes lower in line with regional markets Bursa Malaysia ended lower today, dragged by losses in index-linked heavyweights like Maybank, Tenaga and Petronas Chemicals, in line with the bearish performance of regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.54 points to 1,574.44 from yesterday’s […]
FTSE Bursa Malaysia KLCI (.KLSE) ends lower dragged by losses in banking stocks Bursa Malaysia ended lower today, dragged by losses in selected heavyweights led by banking stocks, with the local benchmark index declining by 0.59 per cent. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 9.35 points to 1,577.98 from yesterday’s close […]
FTSE Bursa Malaysia KLCI (.KLSE) pulls back in line with regional retreat Bursa Malaysia ended the day in the red on Tuesday line with the weak performance of its regional peers as losses in selected heavyweights continued to weigh on the local index. At 5pm, the benchmark FBM KLCI shed 1.55 points to 1,587.33 amid […]
FTSE Bursa Malaysia KLCI (.KLSE) closes at day’s low as telcos weigh Telcos snapped their recent rally on Monday, dragging the FBM KLCI into the red while the recovery in crude palm oil (CPO) prices was unable to lift the plantation heavyweights. At 5pm, the KLCI was down 6.93 points or 0.43% to 1,588.88. Turnover […]
FTSE Bursa Malaysia KLCI (.KLSE) recovers on late buying Bursa Malaysia recovered from earlier losses to close higher today in tandem with regional peers, lifted by late buying in selected index-linked counters led by Axiata. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.74 points higher at 1,587.88 compared with 1,585.14 at […]
FTSE Bursa Malaysia KLCI (.KLSE) bucks regional trend, CI ends at intraday high Bursa Malaysia rebounded from earlier losses to close higher today, bucking the downtrend in regional stock markets, spurred by late bargain hunting in selected index-linked counters, dealers said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.54 points to finish […]
FTSE Bursa Malaysia KLCI (.KLSE) bucks regional trend, drifts lower Bursa Malaysia bucked the regional trend to finish in negative territory today amid an overall cautious market, in contrast to the regional markets. At 5pm, the benchmark FBM KLCI closed 4.13 points, or 0.26% to 1,580.60 points. The index opened 0.26 point higher at 1,584.99 […]
FTSE Bursa Malaysia KLCI (.KLSE) index set to recover this year Bursa Malaysia FBM KLCI index has high potential to recover this year backed by strong gross domestic product outlook and better corporate earnings. Kenanga Investors Bhd’s chief investment officer Lee Sook Yee said continuous reform and divestment of non-core investment in government-linked companies (GLCs) […]
Bargain hunting lifts FTSE Bursa Malaysia KLCI (.KLSE) higher at close Bursa Malaysia reversed yesterday’s losses to finish higher today driven by bargain hunting in value stocks, particularly blue chips banking counters, following easing tensions between the United States and Iran. At the closing bell, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) went up […]
FTSE Bursa Malaysia KLCI (.KLSE) ends lower in line with global markets on rising geopolitical tensions Bursa Malaysia ended lower today in line with global markets following rising tensions in the Middle East between Washington and Tehran. At the close, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 1.36 per cent or 21.94 points […]
$DIA $SPY $QQQ, $RUTX, $VXX, $SOY, $CORN, $XAU, $CU, $USO This is our 1st What to Watch in the commodities sector, it is an overview of what to expect. The picture mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more. The year’s 1st full week of trading could […]
FTSE Bursa Malaysia KLCI (.KLSE) below 1,600 while oil, gold rally The FBM KLCI pared some of its loss at the midday break today, but overall market sentiment stayed negative in line with the regional downtrend following the fresh Middle East tensions. At 12.30pm, the FBM KLCI fell 15.19 points to 1,596.19. The index had […]
FTSE Bursa Malaysia KLCI (.KLSE) off 2020 on a positive note Bursa Malaysia kick-started the New Year on a positive note, as bargain hunters emerged on beaten-down stocks, said a dealer. At 10.30 a.m. today, there were 407 gainers, 213 losers and 324 counters traded unchanged on the Bursa Malaysia. The FBM-KLCI was at 1,596.05, […]
$MSCI, $DAX, $FTSE, $SPY Asian shares kicked off Y 2020 on a strong note Thursday, driven by Chinese markets after Beijing eased monetary policy to support its slowing economy. Investors cheered news that the United States and China will sign a trade pact on 15 January after months of negotiations between the world’s 2 largest […]
Singapore: STI Index (.STI) recovery in doubt after shock manufacturing fall Singapore’s factories produced far less than expected in November, underlining the tentativeness of the recovery in the global electronics industry and the continuing fallout from the trade war that has hit export-dependent economies. The setback, after two months’ of fairly positive data, raises fresh […]
FTSE Bursa Malaysia KLCI (.KLSE) pares gains in muted post-Christmas trade The FBM KLCI pared some of its gains at mid-morning today, tracking the quieter regional markets in post-Christmas trade. At 10am, the FBM KLCI was up 0.34 points to 1,604.57. The index had earlier risen to a high of 1,607.12. Gainers led losers by […]
FTSE Bursa Malaysia KLCI (.KLSE) higher on Bandar Malaysia revival Bursa Malaysia closed at its intraday high today, riding a wave of optimism on the revival of the Bandar Malaysia project, analyst said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.48 per cent or 7.60 points to 1,576.95 compared with Monday’s close […]
FTSE Bursa Malaysia KLCI (.KLSE) pares gains, poised to erase loss on window dressing The FBM KLCI pared some of its loss at the midday break today on some minor window dressing activities, against the backdrop of firmer regional markets. At 12.30pm, the FBM KLCI was down 0.55 points to 1,570.61. The index had earlier […]
FTSE Bursa Malaysia KLCI (.KLSE) May Add To Its Winnings The Malaysia stock market on Wednesday snapped the two-day slide in which it had fallen almost 7 points or 0.4 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,565-point plateau and it’s looking at another green light again on Thursday. The global […]
FTSE Bursa Malaysia KLCI (.KLSE) Sentiment turns sour one week ahead of US tariffs deadline The local equities market turned to consolidation on Monday as a positive US jobs data report over the weekend failed to inspire optimism in the global economy as the deadline for fresh US tariffs on Chinese imports loomed. Washington and […]
FTSE Bursa Malaysia KLCI (.KLSE) to trade in cautious mode this week Bursa Malaysia is likely to continue trading in cautious mode next week as market sentiment will be influenced by the ongoing negotiations in the US-China trade deal. MIDF Research head of research Mohd Redza Abdul Rahman said the key FTSE Bursa Malaysia KLCI […]
FTSE Bursa Malaysia KLCI (.KLSE) ends on a slightly positive note amid mixed signals The FBM KLCI maintained its lead at Thursday’s close as investor ushered back into equities on reassurances that the US-China trade deal remained on track, although gains were capped by mixed signals. At 5pm, the local index had retraced 2.65 points […]
The worst may be over for the world economy’s slowdown. A wave of interest-rate cuts by central banks including the Fed and mounting expectations of a US-China trade deal are buoying confidence in financial markets just as Key economic indicators show signs of stabilization after recent declines. While a robust rebound may not be here […]
FLASH: Gold Lower, USD Up, Crude Oil Up, Stocks Off Headlines Crude Oil gains more than 1% on Saudi supply doubt China, Hong Kong stocks fall on US-China trade deal uncertainty Gold prices edge lower, as Palladium marks record high Gold: Gold prices lowed Monday, as equities gained after the US Trade Representative described last week’s US-China […]
Asia is diverse and complementary, and Asia-for-Asia industrial supply-chain networks are emerging. Asia is a highly diverse region, there is no single Asia but many. We identified 4 distinct groups of economies based on scale, economic development, interactions with one another, and connectedness to the world. Each of these “4 Asia’s” has characteristics that complement […]
Malaysia’s ex-prime minister Najib Razak played a pivotal role in plundering the state’s 1MDB fund and channelled hundreds of millions of dollars into his own bank account, a prosecutor said Wednesday at the opening of his most significant graft trial. Claims that Najib and his cronies pilfered massive sums from the fund and spent it […]
Malaysian ex-leader Najib Razak’s most significant 1MDB trial begins Wednesday, centring on allegations that hundreds of millions of dollars linked to the state fund ended up in his bank account. Claims that Najib and his cronies pilfered massive sums from the fund and spent it on everything from real estate to artwork contributed to the […]
FTSE Bursa Malaysia KLCI (.KLSE) Investors awaited further market direction amid global uncertainty Bursa Malaysia wrapped up the day mixed after a range-bound trading day, as investors awaited further market direction amid global uncertainty. The benchmark FTSE Bursa Malaysia (FBM KLCI) ended 2.77 points lower at 1,596.45, after trading between 1,594.84 and 1,602.03 throughout the […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Dips, USD Up, Crude Oil Up, Stocks Up Headlines Asia stocks advance as China’s rate adjustment improves investor mood Crude Oil prices climb after Saudi oilfield attack Gold prices dip on firmer USD and equities Gold: Gold prices dipped Monday on a stronger USD, and a recovery in […]
FTSE Bursa Malaysia KLCI (.KLSE) returns to red as global uncertainty intensifies Intensifying global uncertainties and slowdown in major economies dragged Bursa Malaysia into the red at the opening today. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 16.14 points to 1,584.17, below the psychological support level of 1,590 from yesterday’s close […]
FTSE Bursa Malaysia KLCI (.KLSE) falls below critical 1,600 level as global markets roil The FTSE Bursa Malaysia KLCI (FBM KLCI), Malaysia’s gauge of the 30 largest stocks, closed below the critical 1,600 level yesterday as global markets roiled amid ongoing protests in Hong Kong, fears of a protruded US-China trade war and a crash […]
FTSE Bursa Malaysia KLCI (.KLSE) remains in the red Bursa Malaysia remained in the red across board at mid-morning due to continuous sell-offs, mainly involving banking stocks. At 11.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 18.60 points to 1,596.45 from Friday’s close close of 1,615.05. The benchmark index opened 0.20 points easier at […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Steady, USD Flat, Crude Oil Up, Stocks Up Headlines Crude Oil edges up on expectations of more OPEC output cuts Gains for Asian shares capped by trade issues, China stocks fall .DXY flat to little changed Vs its 6 peers Gold sees best week in over 3 […]
FTSE Bursa Malaysia KLCI (.KLSE) ends broadly higher, CI up 0.71pc Bursa Malaysia ended broadly higher in line with regional peers and amid an announcement of better-than-expected Chinese trade data for July. At close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 0.71 per cent or 11.32 points to end at 1,616.02 from yesterday’s […]