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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
FTSE Bursa Malaysia KLCI (.KLSE) in red at close after two days of gains Bursa Malaysia closed in the red, as investors pushed a pause button after recording gains for the past two days with sentiment turning negative on increased Covid-19 deaths and infected cases in emerging economies. At 5pm, key index FTSE Bursa Malaysia […]
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 […]
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 […]
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 […]
FTSE Bursa Malaysia KLCI (.KLSE) closes higher but down 15% in 1Q, battered by Covid-19 Bursa Malaysia’s FBM KLCI ended Tuesday, the first quarter of 2020, on a downbeat note as the Covid-19 ravaged global and Asian markets, which was worse than the 2008 Global Financial Crisis. At 5pm, the KLCI was up 22.01 points […]
FTSE Bursa Malaysia KLCI (.KLSE) Expected to Slide in Early Trade Key Asian markets including Bursa Malaysia kicked off the new week on a weak footing as uncertainties over the prolonged Covid-19 weighed on investor confidence. At 9.18am, the FBM KLCI was down 14.62 points or 1.09% to 1,328.47. Turnover was 372.54 million shares valued […]
‘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) 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) falls below 1,500 on political uncertainty The FBM KLCI broke below the psychologically 1,500-point mark on Wednesday as the country’s political uncertainty drags on, amid announcement by Interim Prime Minister Tun Dr Mahathir Mohamad to put aside all politics and concentrate on resolving country’s economic issues. In a televised address […]
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) remains in positive territory Bursa Malaysia remained in the positive territory Thursday, lifted by buying in selected heavyweights namely in utilities, finance and plantation-related counters. Tenaga, Public Bank, CIMB and Sime Darby Plantation contributed 4.074 points to the composite index. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched […]
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 […]
Banks lead FTSE Bursa Malaysia KLCI (.KLSE) lower as weaker-than-forecast GDP results weigh The FBM KLCI retreated 0.55% today to erase early gains, following weaker-than-expected GDP growth data for Malaysia in the fourth quarter of 2019. The benchmark index rose to a high of 1,555.66 points today, before retreating from noon onwards to close 8.54 […]
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) 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 […]
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, […]
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 […]
FTSE Bursa Malaysia KLCI (.KLSE) Investors are concerned about the health of the global economy BANKING stocks fell the most in nearly three months yesterday, dragging the FTSE Bursa Malaysia KLCI (FBM KLCI) lower for the third consecutive day as a weaker lending outlook and external economic figures hit investor sentiment. The Kuala Lumpur Financial […]
FTSE Bursa Malaysia KLCI (.KLSE) ends lower on cautious sentiment Shares on Bursa Malaysia extended the earlier downtrend to close lower today as investors’ risk appetite was weighed down by cautious market sentiment, dealers said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 5.27 points to 1,642.69 from Friday’s close of 1,647.96. The […]
FTSE Bursa Malaysia KLCI (.KLSE) ends in the red on PChem, PetGas losses but GentingM shines Foreign funds stepped up selling pressure on Petronas Chemical and Petronas Gas again on Wednesday sending the key FBM KLCI into the red but Genting and Genting Malaysia closed higher. At 5pm, the KLCI was down 3.26 points or […]
FTSE Bursa Malaysia KLCI (.KLSE) ends morning session on positive note Bursa Malaysia ended the morning session on a positive note and on expectations of an interest rates cut by the European Central Bank (ECB) and the US Federal Reserve. The US Federal Open Market Committee has scheduled a two-day meeting on July 30-31, while […]
FTSE Bursa Malaysia KLCI (.KLSE) slips on Fed rate cut anxieties The FBM KLCI started the week on a negative note as global equities stumbled on expectations of a lower policy rate cut by the US Federal Reserve. Equities had received a boost last Friday as New York Fed president John Williams made comments taken […]
Broad selling across FTSE Bursa Malaysia (.KLSE), KLCI down 11 points Bursa Malaysia joined its regional peers in negative territory on Wednesday with selling pressure seen across the board. Dealers said market sentiment was curbed by U.S. President Donald Trump’s comments on trade. Investors continued to fret over slowing growth and the impact of the […]
FTSE Bursa Malaysia KLCI (.KLSE) recoups earlier losses to end marginally higher Bursa Malaysia recouped earlier losses to close marginally higher today, backed by improved buying sentiment in both Shariah and conventional mid-sized capitalisation stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 0.29 of-a-point higher at 1,679.26 compared with yesterday’s close of […]
FTSE Bursa Malaysia KLCI (.KLSE) ends lower on selling momentum Bursa Malaysia closed in the red today, influenced by selling in the industrial products and services, as well as consumer products and services sectors. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 3.9 points easier at 1,678.97 compared with Tuesday’s close of 1,682.87. […]
FTSE Bursa Malaysia KLCI (.KLSE) opens in the negative, tracking Wall Street’s Friday showing Bursa Malaysia opened lower today, tracking Wall Street’s subdued closing last Friday. Market breadth was negative with 124 decliners outpacing 108 gainers, while 193 counters unchanged, 1,422 untraded and 20 others suspended. Turnover stood at 127.58 million units worth RM46.71 million. […]
Persistent buying pushed FTSE Bursa Malaysia KLCI (.KLSE) to close higher Persistent buying pushed Bursa Malaysia to close higher, led by Malaysia Airports which jumped 58 sen to RM8.51 and Tenaga which increased 28 sen to RM13.28 today. The momentum came after upbeat comments on the US-China trade talks, which will resume before the upcoming […]
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, […]