FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia ended mixed yesterday, recouping from Wednesday’s losses with strong interest noted in plantation and selected heavyweights stocks. The benchmark FBM KLCI ended at 1,831.66, up 9.11 points or 0.50%, after moving between 1,823.51 and 1,831.66 throughout the day. Losers led gainers by 452 to 366, with 324 counters unchanged. Volume fell to 2.38 billion shares worth RM2.09 billion from 2.45 billion shares worth RM2.38 billion on Wednesday.  ...Read more>>

FBM KLCI - lower on heavy profit-taking

Stocks on Bursa Malaysia ended in the red yesterday on lack of buying support amid absence of positive market leads, and sentiment remained weak as investors were cautious over the Chinese economy coupled with weak leads from the overnight Wall Street. The benchmark FBMKLCI ended 11.2 points or 0.61% lower at 1,822.55 after moving between 1,822.55 and 1,831.27 throughout the day. Losers led gainers by 558 to 291, with 288 counters unchanged. Volume fell to 2.45 billion shares worth RM2.38 billion, from 2.86 billion shares worth RM2.06 billion on Tuesday. ...Read more>>

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia closed mixed yesterday with gains in selected plantation stocks helping the benchmark FBMKLCI to stay in positive territory. The FBMKLCI rose 5.07 points or 0.28% to close at 1,833.75 after moving between 1,827.26 and 1,833.79 throughout the day. Losers led gainers by 547 to 293, with 307 counters unchanged. Volume fell to 286.35 billion shares worth RM2.06 billion from 3.06 billion shares worth RM2.08 billion on Monday. ...Read more>>

FBM KLCI - in consolidation mode

Stocks on Bursa Malaysia closed lower yesterday with interest subdued due to lack of buying support in the absence of clear signals from overseas equity markets, as buyers are not participating aggressively in the market with foreign investors reducing their holdings gradually. The FBMKLCI ended 2.06 points or 0.11% lower at 1,828.68, after moving between 1,826.53 and 1,833.80 throughout the day. Losers led gainers by 446 to 432, with 283 counters unchanged. Volume rose to 3.06 billion shares worth RM2.08 billion, from 2.98 billion shares worth RM2.39 billion, recorded on Friday. ...Read more>>

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

Stocks on Bursa Malaysia closed higher last Friday as blue-chips consolidated and small-capitalised stocks' rotational interest continued on positive global economic data and rising commodity prices. The FBMKLCI rose 2.93 points or 0.16% to close at 1,830.74, after moving between 1,826.44 and 1,831.32 throughout the day. Week-on-week, the key index gained 11.37 points or 0.62% from 1,819.37 on previous Friday. Gainers outnumbered losers by 457 to 366, while 340 counters were unchanged. Volume fell to 2.98 billion shares worth RM2.39 billion from 2.99 billion shares worth RM2.5 billion on Thursday. Weekly turnover amounted to 15.750 billion shares worth RM12.181 billion, compared with previous week’s 2.18 billion shares valued at RM3.73 billion. ...Read more>>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday weighed down by losses in blue chips despite robust trading in small cap and penny stocks. Small-cap and penny stocks dominated the day's trading with strong rotational interest boosting retail participation, but were offset by a series of losses in blue chips amid concerns over US stimulus cuts. The FBMKLCI fell 1.64 points or 0.09% to 1,827.81, after moving between 1,822.79 and 1,830.18 throughout the day. Losers outnumbered gainers by 450 to 379, while 332 counters were unchanged. Volume fell to 2.99 billion shares worth RM2.5 billion from Wednesday’s 3.28 billion shares worth RM2.39 billion. ...Read more>>

FBM KLCI - higher on last minute buying

Stocks on Bursa Malaysia closed higher yesterday, supported by gains in plantation counters. The benchmark FBMKLCI which was hovering in the negative territory for most part of the day was lifted by last minute buying in plantation counters in response to palm oil prices which have been rising over the last two weeks. At close, the FBMKLCI rose 4.21 points or 0.23% to 1,829.45, after moving between 1,820.59 and 1,828.29.45 throughout the day. Gainers outnumbered losers by 509 to 344, while 304 counters were unchanged. Volume rose to 3.28 billion shares worth RM2.39 billion from the 2.86 billion shares worth RM2.3 billion on Tuesday. ...Read more>>

FBM KLCI - moving into consolidation

Stocks on Bursa Malaysia closed lower yesterday following the weaker performance on regional markets as the foreign fund exodus continued. Asian stocks were less impressive as funds continued to flow into European markets, anticipating a sustained recovery in the Eurozone going forward. The FBMKLCI slipped 2.24 points or 0.12% to close at 1,825.24, after moving between 1,822.68 and 1,828.23 throughout the day. Market breadth was negative as losers outnumbered gainers by 454 to 393, while 307 counters were unchanged. Volume fell to 2.86 billion shares worth RM2.3 billion from 3.63 billion shares worth RM2.57 billon on Monday. ...Read more>>

FBM KLCI - turning bullish

Stocks on Bursa Malaysia closed higher yesterday boosted by interest in small caps and lower liners for short-term gains. The FBMKLCI rose 8.11 points or 0.45% to close at 1,827.48 points, after moving between 1,819.69 and 1,833.39 throughout the day. Market breadth was positive as gainers outnumbered losers by 573 to 319, while 284 counters were unchanged. Volume rose sharply to 3.63 billion shares worth RM2.57 billon from 2.37 billion shares worth RM2 billion traded on Friday. ...Read more>>

FBM KLCI - likely to move higher

Stocks on Bursa Malaysia closed broadly higher last Friday with the benchmark FBMKLCI ended the week on a positive note, driven by gains in selected heavyweight counters. The benchmark index rose 2.22 points or 0.12% to close at 1,819.37 points, after moving between 1,813.9 and 1,820.38 throughout the day. On a weekly basis, the FBMKLCI rose 10.78 points or 0.6% from 1,808.59 on previous Friday. Gainers thumped losers by 525 to 273, while 313 counters were unchanged. Volume dipped to 2.37 billion shares worth RM2 billion from 2.52 billion shares worth RM2.08 billion traded on Thursday. Weekly turnover improved to 12 billion shares worth RM10.36 billion from previous week’s 6.498 billion shares worth RM8.034 billion. ...Read more>>

FBMKLCI - bearish reversal signal

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI ended weak after recording six days of gains, with losses mostly seen in plantation, consumer and finance counters. The FBMKLCI shed 8.49 points or 0.47% to close at 1,817.15 points after moving between 1,816.22 and 1,828.72 throughout the day. Market breadth was easier as losers thumped gainers by 484 to 318, while 301 counters were unchanged. Volume rose to 2.52 billion shares worth RM2.08 billion from 2.47 billion shares worth RM2 billion on Wednesday. ...Read more>>

FBM KLCI - sign of weakening momentum

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI closed slightly higher on late buying interest in plantation stocks. The FBMKLCI rose by 1.47 points or 0.08% to close at 1,825.64 points after moving between 1,821.75 and 1,826.73 throughout the day. Market breadth was positive as gainers thumped losers by 421 to 398, while 320 counters were unchanged. Volume declined to 2.47 billion shares worth RM2 billion from 2.71 billion shares worth RM2.34 billion on Tuesday. ...Read more>>

FBM KLCI - higher on continued buying momentum

Stocks on Bursa Malaysia closed broadly higher yesterday in sync with regional peers as selected heavyweights helped the local benchmark index to maintain above the 1,800-point level. The FBMKLCI rose by 8.03 points or 0.44% to close at 1,824.17 points after moving between 1,815.88 and 1,824.2 throughout the day. Market breadth was positive as gainers thumped losers by 494 to 314, while 302 counters were unchanged. Volume rose to 2.71 billion shares worth RM2.34 billion from 1.94 billion shares worth RM1.87 billion on Monday. ...Read more>>

FBM KLCI - higher on short term uptrend continuation

Stocks on Bursa Malaysia closed broadly higher yesterday bucking the trend among the mixed regional peers, prompted by positive US jobs data which has put some global growth concerns to rest, and the FBMKLCI closed firmly above the 1,800-points psychological level on continued gains on most heavyweights. The benchmark index rose by 7.55 points or 0.42% to close at 1,816.14 points, after moving between 1,812.29 and 1,819.99 throughout the day. Gainers thumped losers by 530 to 267, while 319 were unchanged. Volume rose to 1.94 billion shares worth RM1.87 billion from 1.86 billion shares worth RM2.2 billion on last Friday. ...Read more>>

FBM KLCI - signs of turning bullish

Stocks on Bursa Malaysia closed higher last Friday lifted by gains in selected heavyweights. The stronger performance staged by the local bourse was in line with its regional peers, prompted by signs that the US nonfarm payrolls report could put some global growth concerns to rest. The FBMKLCI finished the day 10.69 points or 0.59% better at 1,808.59 points, after hovering between 1,797.84 and 1,812.18 throughout the day. On a weekly basis, the FBMKLCI gained 4.56 points from previous Thursday’s 1,804.03. Market breadth was positive as gainers thumped losers by 542 to 256, while 324 counters were unchanged. Volume rose to 1.86 billion shares worth RM2.2 billion from 1.83 billion shares worth RM2.2 billion recorded on Thursday. Weekly turnover rose to 6.498 billion shares, worth RM8.034 billion from previous week’s 5.253 billion shares worth RM7.658 billion....Read more>>

FBM KLCI - signs of bullish reversal

Stocks on Bursa Malaysia closed broadly higher yesterday with buying interest in blue-chips and index-linked counters helped lift the market. The FBMKLCI ended 12.02 points or 0.67% higher at 1,797.90, after fluctuating between 1,783.68 and 1,799.45 throughout the day. Market breadth was positive as gainers thumped losers by 498 to 251, while 310 counters were unchanged. Volume rose to 1.83 billion shares worth RM2.2 billion from 1.55 billion shares valued at RM1.63 billion recorded on Wednesday. ...Read more>>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia finished on a firm note yesterday, with the FBMKLCI bouncing back from Tuesday’s losses to close 7.05 points or 0.4% higher at 1,785.88. The benchmark index, spurred by bargain hunting, fluctuated between 1,782.82 and 1,786.58 throughout the day, with gains mostly recorded in finance and index-linked counters. Market breadth was positive as gainers trounced losers by 443 to 301, while 276 counters were unchanged. Volume rose to 1.55 billion shares valued at RM1.63 billion, from 1.26 billion shares worth RM2.00 billion traded on Tuesday. ...Read more>>

FBM KLCI - lower on weak sentiment

Stocks on Bursa Malaysia closed broadly lower yesterday, due to low risk appetite as investors took the cue from the weaker performance in regional and US markets. The FBMKLCI finished 25.2 points or 1.4% lower at 1,778.83 from last Thursday's close of 1,804.03, after fluctuated between 1,769.8 and 1,795.89 throughout the session, bogged down by index-linked counters. Losers outpaced gainers by 494 to 214, while 291 counters were unchanged. Volume amounted to 1.26 billion shares worth RM2.00 billion, as compared to Thursday's half-day trading of 769.16 million shares valued at RM1.3 billion. ...Read more>>

FBM KLCI - likely to move range-bound

Stocks on Bursa Malaysia ended the half-day trading last Thursday mixed, while the benchmark FBMKLCI closed at the day 14.80 points or 0.83% higher at 1,804.03, the highest point of the day, after dipping to 1,780.10 in early trading, underpinned by strong buying interest in most heavyweights. On a weekly basis, the benchmark index rose 1.46 points from previous Friday’s 1,802.57. Market breadth was however negative as losers led gainers by 318 to 291, while 267 counters were unchanged. Turnover for the half-day session was lower at 769.16 million shares worth RM1.309 billion compared with the 1.4 billion shares worth RM1.74 billion on Wednesday. ...Read more>>