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Monday, June 1, 2020

FBM KLCI - likely to continue its uptrend amid cautious mode



Stocks on Bursa Malaysia bucked the regional trend to close higher on Friday with the benchmark FBMKLCI closing 1.08% higher on buying support in index-linked counters and positive news on the government’s new economic recovery plan. Read more >>

Friday, May 29, 2020

FBM KLCI - higher on hopes for global recovery

Stocks on Bursa Malaysia ended lower yesterday but the benchmark FBMKLCI closed higher tracking overnight gains on Wall Street on the back of optimism about the reopening of the US economy. Read more >>

Thursday, May 28, 2020

FBM KLCI - higher as index-linked rubber glove stocks rose

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI gaining more than 1.0% as persistent buying momentum in the index-linked counters, led by glove makers Hartalega and Top Glove, Read more >>

Wednesday, May 27, 2020

FBM KLCI - likely to stay range-bound with an upward bias


Stocks on Bursa Malaysia closed lower across the board last Friday with the benchmark FBMKLCI lower by more than 1.0% as investors raked in profits ahead of the long weekend in conjunction with the Hari Raya Aidilfitri celebration, Read more >>

Friday, May 22, 2020

FBM KLCI - closed higher above the 1,450-point level

Stocks on Bursa Malaysia closed higher for the seventh consecutive day yesterday, as investor’s risk appetites continued to flourish particularly in the rubber glove, energy and plantation-linked stocks, Read more >>

Thursday, May 21, 2020

FBM KLCI - closed at intraday high as glove stocks back in spotlight

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI surpassed the 1,435 level to close at the intraday high as healthcare stocks, particularly the glove counters, returned to the spotlight after health experts expressed skepticism over Covid-19 vaccine developments. Read more >>

Wednesday, May 20, 2020

FBM KLCI - higher supported by higher CPO prices and COVID-19 vaccine optimism

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closing 0.98 per cent firmer as world equities cheered positive developments of a Covid-19 vaccine trial and as Malaysian shares reacted to speculation that India buyers had resumed buying Malaysian crude palm oil (CPO) Read more >>