FBM KLCI - rebounded to close marginally higher

Stocks on Bursa Malaysia ended higher yesterday in sync with regional markets after Wall Street soared overnight to new highs. The FBMKLCI finished 1.73 points or 0.10% better at 1,817.38, after moving between 1,812.66 and 1,818.89 throughout the day. Gainers led losers by 428 to 363, while 312 counters traded unchanged. Total volume slipped to 1.705 billion shares worth RM1.801 billion from 1.809 billion shares valued at RM1.892 billion transacted on Tuesday. ...Read more>>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed mixed yesterday on lack of buying support as the market was slowly digesting the implications of the 2014 Budget amid losses in finance counters. The FBMKLCI closed 2.74 points or 0.15% lower at 1,815.65, after moving between 1,813.87 and 1,821.79. Gainers outpaced losers 418 to 379, with 303 counters unchanged. Total volume rose to 1.809 billion shares valued at RM1.892 billion from 1.757 billion shares valued at RM1.363 billion on Monday. ...Read more>>

FBM KLCI - in consolidation mode

Stocks on Bursa Malaysia closed mixed yesterday on cautious trading with the benchmark index ending in the positive territory supported by buying interest in selected blue-chips. The FBMKLCI closed 0.82 point or 0.05% higher at 1,818.39 after hovering between 1,814.86 and 1,821.14 throughout the day. Losers led gainers by 449 to 320, with 298 counters unchanged. Total volume fell to 1.757 billion shares valued at RM1.363 billion from 1.759 billion shares valued at RM1.418 billion recorded last Friday. ...Read more>>

FBM KLCI - likely to consolidate

Stocks on Bursa Malaysia snapped a seven-day winning streak to end lower last Friday on cautious trading amid the 2014 Budget announcement. The FBMKLCI closed 1.36 points or 0.07% lower at 1,817.57, after moving between 1,812.47 and 1,820.81 throughout the day. On a weekly basis, the FBMKLCI rose 17.98 points from previous Friday's 1,799.59. Losers led gainers by 385 losers to 380 while 317 counters were unchanged. Total volume rose to 1.759 billion shares valued at RM1.418 billion from 1.52 billion shares valued at RM1.657 billion on Thursday. Weekly total turnover rose to 8.599 billion shares worth RM8.409 billion from previous week's 6.172 billion shares valued at RM6.707 billion. ...Read more>>

FBM KLCI - closing at new record high for the second day

Stocks on Bursa Malaysia ended on a firm note yesterday with the FBMKLCI continued its ascend for a second day to hit fresh record high ahead of the Budget 2014 announcement today as the market expects to see the Government taking steps to tackle the country's fiscal deficits. The FBM KLCI finished 4.82 points or 0.27% higher at 1,181.93 after opening 4.64 points higher at 1,818.75 and hovered between 1,817.41 and 1,822.17. Losers led gainers by 420 to 345, with 322 counters unchanged. Total volume slipped to 1.52 billion shares valued at RM1.657 billion from 1.711 billion shares valued at RM2.123 billion on Wednesday. ...Read more>>

FBM KLCI - at fresh record high

Stocks on Bursa Malaysia finished higher yesterday with the FBMKLCI closing at a new record high of 1,814.11 points, surpassing the previous all-time high of 1,810 registered on July 4, 2013. The better performance was lifted by persistent buying interest in selected blue-chips and key heavyweights, led by SapuraKencana which rose by 5.39% to RM4.30, provided the biggest boost to the benchmark barometer on news that it planned to acquire all interest in Newfield Malaysia Holdings, ahead of Friday's 2014 Budget announcement. The FBMKLCI gained 10.53 points or 0.58% to 1,814.11, after fluctuating between 1,805.64 and 1,817.93 throughout the day. Gainers thumped losers by 474 to 330, with 341 counters unchanged. Total volume slipped to 1.711 billion shares, valued at RM2.123 billion, from Tuesday's 1.852 billion shares valued at RM1.825 billion. ...Read more>>

FBM KLCI - marginally higher

Stocks on Bursa Malaysia ended firmer yesterday supported by last minute buying interest mostly seen in plantation counters and selected heavyweights. The local bourse traded mostly lower throughout the trading session, before buying interest in the last 15 minutes helped push the composite index into the positive territory. The FBMKLCI closed 0.97 of a point or 0.05% better at 1,803.58, after moving between 1,800.46 and 1,808.35 throughout the day. Advancers led decliners by 390 to 387 while 322 counters were unchanged. Total volume improved to 1.852 billion shares, valued at RM1.825 billion, from Monday's 1.756 billion shares valued at RM1.385 billion. ...Read more>>

FBM KLCI - closing above 1,800

Stocks on Bursa Malaysia ended firmer yesterday, supported by strong buying interests in mid-capitalized (mid-cap) stocks, in line with regional performance. Elsewhere, most regional bourses were up with Hong Kong's Hang Seng surged 98.05 points to 23,438.5, Singapore Straits Times added 4.31 points to 3,197.21 and Japan's Nikkei 225 rose 132.03 points to 14,693.57. The FBMKLCI closed 3.02 points or 0.17% higher at 1,802.61, after moving between 1,797.14 and 1,803.46. Advancers led decliners by 434 to 287 while 340 counters were unchanged. Total volume improved to 1.756 billion shares valued at RM1.385 billion from last Friday's 1.491 billion shares valued at RM2.037 billion. ...Read more>>

FBM KLCI - turning bullish

Stocks on Bursa Malaysia closed firmer last Friday supported by buying interest in heavyweights in line with regional performances. The FBM KLCI closed 2.17 points or 0.12% higher at 1,799.59, after hovering between 1,795.95 and 1,805 during the entire trading session. On a weekly basis, the FBM KLCI rose 13.84 points from previous Friday's 1,785.75. Advancers led decliners by 377 to 330 while 335 counters were unchanged. Total volume declined to 1.491 billion shares, valued at RM2.037 billion, from Thursday's 1.74 billion shares worth RM1.75 billion. Weekly total turnover dropped to 6.172 billion shares worth RM6.707 billion from previous week's 8.34 billion shares valued at RM7.25 billion. ...Read more>>

FBM KLCI - higher amid mild profit-taking

Stocks on Bursa Malaysia closed on a positive note yesterday, boosted by continued gains on selected heavyweights. However, most blue-chips were off their day’s best on mild profit taking after the initial exuberance from the last-ditch US budget deal fizzled out. The FBM KLCI gained 6.05 points or 0.34% to close at 1,797.42 after hovering between 1,796.1 and 1,802.57 points throughout the day. Gainers led losers by 478 to 298 while 317 counters were unchanged. Volume rose to 1.74 billion shares worth RM1.75 billion from 1.62 billion shares worth RM1.884 billion on Wednesday. ...Read more>>

FBM KLCI - turning bullish

Stocks on Bursa Malaysia closed higher yesterday on continuous gains in selected heavyweights which drove the benchmark FBM KLCI to close 6.61 points or 0.37% higher at 1,791.37 points after the Aidiladha holiday on Tuesday, as investors took cue from the positive performance on other regional bourses on Tuesday. The key index hovered between 1,786.1 and 1,795.48 throughout the day. Gainers led losers by 395 to 374 while 300 counters were unchanged. Trading was moderate with volume rising to 1.62 billion shares, worth RM1.884 billion, against Monday's 1.324 billion shares valued at RM1.041 billion. ...Read more>>

FBM KLCI - rebounded to close marginally lower

Stocks on Bursa Malaysia closed marginally lower on Monday, prompted by weak participation from investors ahead of the Hari Raya AidilAdha holiday yesterday. The FBM KLCI ended 0.99 of a point or 0.06% lower at 1,784.76 after opening 10.64 points lower at 1,775.11. The barometer index fluctuated between 1,788.53 and 1,775.11 throughout the day. Losers led gainers by 419 to 309, with 303 counters unchanged. Turnover decreased to 1.323 billion shares worth RM1.041 billion from 1.825 billion shares worth RM1.608 billion on last Friday. ...Read more>>

FBM KLCI - likely to stay range-bound

Stocks on Bursa Malaysia closed firmer last Friday, with gains mostly seen in banking and oil and gas counters. The local market was traded in a "relief rally" as sentiment was up on positive reaction to signs that the US lawmakers were moving toward an agreement to increase the debt ceiling and avoid a default. The FBM KLCI rose 9.83 points or 0.55% to 1,785.75, after fluctuating between 1,788.99 and 1,783.53 throughout the day. On a weekly basis, the FBM KLCI rose 9.19 points from previous Friday's 1,776.56. Market breadth was positive with gainers trouncing losers by 480 to 282, and 319 counters were unchanged. Turnover slipped to 1.825 billion shares worth RM1.608 billion from 1.86 billion shares worth RM1.566 billion on Thursday. Weekly volume slipped to 8.34 billion shares valued at RM7.25 billion from previous week's 8.94 billion shares valued at RM8.33 billion. ...Read more>>

FBM KLCI - bullish reversal sign

Stocks on Bursa Malaysia extended earlier gains to close broadly higher yesterday, lifted by buying interest in blue-chips and key heavyweights, as market sentiment improved amid signs that US lawmakers could raise the debt ceiling and on optimism Janet Yellen would not rush to withdraw the stimulus package if she becomes the Federal Reserve chairman. The FBM KLCI ended 6.8 points or 0.38% higher at 1,775.92, after fluctuating between 1,775.04 and 1,769.12 throughout the day. Market breadth was positive with gainers thumping losers by 501 to 264, with 282 counters unchanged. Turnover expanded to 1.86 billion shares worth RM1.566 billion from 1.516 billion shares worth RM1.351 billion on Wednesday. ...Read more>>

FBM KLCI - lower on mild selling pressure

Stocks on Bursa Malaysia retreated from Tuesday's gains to close lower yesterday, with losses mostly seen in finance counters and key heavyweights as external uncertainties continued to influence sentiments of the market. The FBM KLCI, which traded in negative territory throughout yesterday, finished 8.38 points or 0.47% lower at 1,769.12. Losers led gainers by 381 to 321 with 326 counters unchanged. Turnover increased to 1.52 billion shares worth RM1.35 billion from 1.51 billion shares worth RM1.487 billion on Tuesday. ...Read more>>

FBM KLCI - marginally higher amid consolidation mode

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark index rebounded from its earlier losses to close marginally higher, lifted by late bargain hunting ending in positive territory supported by late buying interest. The local market was stable despite volatility on the external front, especially the continued uncertainty over the United States government shutdown. The FBM KLCI gained 0.68 of a point or 0.04% to close at 1,776.82 after fluctuating between 1,778.13 and 1,771.32 throughout the day. Gainers led losers by 365 to 332, with 337counters unchanged. Turnover fell to 1.513 billion shares worth RM1.487 billion from 1.622 billion shares worth RM1.232 billion on Monday. ...Read more>>

FBM KLCI - marginally higher on last minute buying support

Stocks on Bursa Malaysia closed mixed on cautious trading yesterday, with the barometer index ending in positive territory supported by last-minute buying interest. Sentiments were pressured by mounting concerns over external developments especially by Washington's lack of progress in resolving the US budget stalemate. The FBM KLCI gained a boost 10 minutes before the trading closed, finishing 0.26 of a point higher at 1,776.82 from Friday's close, after fluctuating between 1,780.27 and 1,773.56 throughout the day. Decliners led advancers by 428 to 296, with 316 counters unchanged. Turnover improved to 1.622 billion shares worth RM1.232 billion from Friday's 1.58 billion shares worth RM1.44 billion. ...Read more>>

FBM KLCI - likely to stay range-bound

Stocks on Bursa Malaysia closed higher last Friday, bolstered by gains in heavyweight blue-chips and improved sentiments amid positive local corporate news. The FBM KLCI gained 5.19 points or 0.29% to 1,776.56 after hovering between 1,769.77 and 1,779.02 throughout the day. On a weekly basis, the benchmark index gained 0.4 of a point from previous Friday's 1,776.16. Advancers led decliners by 345 to 344, with 352 counters unchanged. Turnover fell to 1.58 billion shares worth RM1.44 billion from 1.84 billion shares worth RM1.29 billion recorded on Thursday. Weekly turnover stood at 8.944 billion shares valued at RM8.325 billion, against previous week's 10.636 billion units worth RM9.179 billion. ...Read more>>

FBM KLCI - marginally higher amid cautious trading

Stocks on Bursa Malaysia closed mixed yesterday in cautious trading on continued buying support in heavyweights despite uncertainties surrounding the US economic situation, and concerns over the length of the US government shutdown and the prospects of a debt-ceiling battle also weighed on investor sentiment. The benchmark FBM KLCI rose 1.02 points or 0.06% to 1,771.37 after hovering between 1,770.02 and 1,773.29 throughout the day. Decliners led advancers by 401 to 351, with 316 counters unchanged. Turnover fell to 1.84 billion shares worth RM1.29 billion from 1.9 billion shares worth RM1.59 billion on Wednesday. ...Read more>>

FBM KLCI - in consolidation

Stocks on Bursa Malaysia closed higher in cautious trading yesterday supported by continued buying interest in selected heavyweights. The benchmark FBM KLCI rose 1.32 points or 0.07% to settle at 1,770.35 after hovering between 1,769.97 and 1,774.68 throughout the day. Advancers led decliners by 380 to 368, with 323 counters unchanged. Turnover rose to 1.9 billion shares, worth RM1.59 billion, from 1.77 billion shares, worth RM1.62 billion, recorded on Tuesday. ...Read more>>

FBM KLCI - sign of bottom reversal

Stocks on Bursa Malaysia closed slightly higher yesterday on mild buying interest despite a weaker external environment, as a weaker US dollar – dampened by the partial US government shutdown – helped push up regional markets. The benchmark FBM KLCI rose 0.41 point or 0.02% to settle at 1,769.03 after hovering between 1,759.66 and 1,770.34 throughout the day. Advancers led decliners by 372 to 361, with 327 counters unchanged. Turnover fell to 1.77 billion shares worth RM1.62 billion from 1.85 billion shares worth RM2.38 billion recorded on Monday. ...Read more>>

FBM KLCI - lower in line with regional weakness

Stocks on Bursa Malaysia closed lower yesterday on lack of buying interest and amid the absence of fresh market leads. This came on concerns about the US government's finances, and anticipation of the Malaysia's 2014 Budget and UMNO election this month has also dictated market sentiment. The FBM KLCI reduced losses to finish 7.54 points or 0.4% lower at 1,768.62 after hovering between 1,762.3 and 1,781.84 throughout the day. Losers led gainers by 558 to 227, with 261 counters flat. Turnover decreased to 1.85 billion shares worth RM2.38 billion from the 2.21 billion shares worth RM1.6 billion last Friday. ...Read more>>