FTSE Bursa Malaysia KLCI (.KLSE) Rebounding After months of scrimping on public spending, the Pakatan Harapan (PH) government is showing signs of easing its purse strings and reviving large state projects as investors return to Malaysia. Bloomberg reported today that foreign investors have been coming back, adding that the turnaround would be a boost to […]
FTSE Bursa Malaysia KLCI (.KLSE) gains ground on improved sentiment The FBM KLCI continues to gain ground Monday as market sentiments were boosted by the US-Mexico deal to avert a tariff war and optimism for a rate cut by the US Federal Reserve. At closing, the benchmark index rose 6.14 points, or 0.37% to 1,655.47. […]
FTSE Bursa Malaysia KLCI (.KLSE) opens lower on global trade concerns Bursa Malaysia was easier in early trade, reversing yesterday’s gains due to weak sentiment brought on by concerns over global trade growth and as tensions between economic powerhouses, the United States and China continues to escalate. At 9.40am, the key FBM KLCI eased 3.08 […]
FTSE Bursa Malaysia KLCI (.KLSE) turns marginally lower The benchmark index FBM KLCI turned marginally lower at mid-afternoon today, bucking the regional trend, with improving Asian stocks, a dealer said. At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.24 of-a-point to 1,598.08. The benchmark index opened 6.12 points better at 1,604.44. Market breadth was negative, […]
FTSE Bursa Malaysia KLCI (.KLSE) tech stocks down after US blacklists Huawei Technology counters on Bursa Malaysia are feeling the heat following the escalation of trade tensions between the United States and China with restrictions imposed by the Trump-led administration against China’s telecommunication giant Huawei. Experts on the industry say it is time for caution […]
Another very tough day for FTSE Bursa Malaysia KLCI (.KLSE) Bursa Malaysia got off to a weak start on Thursday with the FBM KLCI falling more than 0.8% as Petronas-linked stocks and Public Bank lost ground. At 9.16am, the KLCI was down 13.63 points or 0.85% to 1,590.11. Turnover was 270.72 million shares valued at […]
FTSE Bursa Malaysia KLCI (.KLSE) Expected to remain weak Bursa Malaysia is expected to remain weak this week as banking- related stocks are especially impacted, with the focus on the overnight policy rate (OPR) to be released by Bank Negara Malaysia (BNM). Shayne Heffernan, CEO and Founder of Heffx said the FBM KLCI would likely […]
FTSE Bursa Malaysia KLCI (.KLSE) negative news flow dampening investor appetite Share prices continued their downward momentum on Bursa Malaysia this morning with trading remaining lacklustre. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.48 points easier at 1,615.42, after opening 3.23 points weaker at 1,617.67. On the broader market, decliners outpaced gainers 200 to 112, […]