FBM KLCI - likely to move higher

Stocks on Bursa Malaysia ended higher last Friday, recouping early losses following late buying in consumer and selected blue-chip stocks. The benchmark FBMKLCI index stood at 1,850.73, up 3.86 points or 0.21%, after opening 9.3 points lower at 1,837.57. Week-on-week, the key index gained 30.25 points or 1.66% from previous Friday’s closing of 1,820.48. Gainers outpaced losers by 382 to 380, while 325 counters were unchanged. Turnover declined to 1.8 billion shares worth RM2.03 billion, from 2.05 billion shares valued at RM2.05 billion on Thursday. Weekly turnover rose to 9.92 billion shares valued at RM10.07 billion from previous week’s 7.29 billion shares worth RM10.08 billion. ...Read more>>

FBM KLCI - higher on last minute push

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI continued gains into the fourth consecutive day, lifted by buying interest in selected blue chips. The benchmark index which opened lower, finished at an intra-day high of 1,846.87, rising 7.73 points or 0.42%, after hitting an intra-day low of 1,836.11. Losers led gainers by 416 to 387, while 306 counters were unchanged. Turnover slipped to 2.05 billion shares worth RM2.05 billion from 2.08 billion shares worth RM1.97 billion on Wednesday. ...Read more>>

FBM KLCI - higher on last minute buying support

Stocks on Bursa Malaysia closed higher yesterday lifted by last minute buying support for selected blue-chips. The local market's gains were in tandem with the uptrend seen in most regional bourses on positive overnight performance on Wall Street. The FBMKLCI ended 1.97 points or 0.11% higher at 1,839.14, after moving within a tight range of between 1,834.8 and 1,839.96 throughout the day. Gainers outpaced losers by 445 to 336, while 312 counters were unchanged. Turnover rose to 2.08 billion shares worth RM1.97 billion from 2.04 billion shares worth RM2.01 billion on Tuesday. ...Read more>>

FBM KLCI - higher on last minute support

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI rebounded from its earlier losses spurred by late buying interest to close 3.32 points or 0.18% higher at its intra-day high of 1,837.17 after trading as low as 1,824.93 during the session. Losers outpaced gainers by 439 to 332, while 309 counters were unchanged. Turnover rose to 2.04 billion shares worth RM2.01 billion, from 1.94 billion shares worth RM2.01 billion on Monday. ...Read more>>

FBM KLCI - reversed up

Stocks on Bursa Malaysia closed broadly higher yesterday in line with its regional peers as interest returned to Asian markets amid the crisis in Crimea and slowing growth in China. The FBMKLCI extended its earlier gains to close firmer yesterday, lifted by positive sentiment and persistent buying interests. The benchmark index rose 13.37 points or 0.73% to close at 1,833.85, after fluctuating between 1,821.03 and 1,834.23 throughout the day. Gainers outpaced losers by 428 to 370, while 322 counters were unchanged. Turnover rose to 1.94 billion shares worth RM2.01 billion from 1.75 billion shares worth RM3.12 billion on Friday. ...Read more>>

FBM KLCI - likely to remain in sideways range-bound

Stocks on Bursa Malaysia closed higher last Friday on bargain hunting across the board in line with the stronger regional stock markets as Southeast Asian stock markets staged a mild rebound, tracking the firmer US equities board as Wall Street shook off concerns over recent Federal Reserve policy. The FBMKLCI ended 2.31 points or 0.13% higher at 1,820.48 after hovering between 1,816.85 and 1,821.69. Week-on-week, the key index gained 15.36 points from 1,805.12 on previous Friday. Gainers outpaced losers by 439 to 328, with 322 unchanged. Turnover stood at 1.75 billion shares worth RM3.12 billion from Thursday’s 1.51 billion shares worth RM1.85 billion. Weekly turnover fell to 7.29 billion shares worth RM10.08 billion from previous week’s 8.45 billion shares worth RM10.34 billion. ...Read more>>

FBM KLCI - rebounded to close marginally higher

Stocks on Bursa Malaysia closed lower yesterday on follow-through selling in small cap stocks amid weaker regional stock market performance. However, the FBMKLCI ended flat after reacting negatively to news that the US Federal Reserve could start to raise interest rates six months later. At close, the benchmark FBMKLCI finished at 1,818.17, up 0.73 point or 0.04%, after hovering between 1,811.16 and 1,818.17. Losers outpaced gainers by 440 to 321, with 350 counters unchanged. Turnover stood at 1.51 billion shares worth RM1.85 billion from Wednesday’s 1.55 billion shares worth RM1.76 billion. ...Read more>>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday weighed down by losses in blue chips ahead of the outcome of the US Federal Reserve’s policy meeting. The FBMKLCI finished at 1,817.44, down 3.26 points or 0.18%, after hovering between 1,815.99 and 1,821.33. Market breadth was positive, with gainers outnumbering losers by 411 to 358, while 322 counters were unchanged. Turnover stood at 1.55 billion shares worth RM1.76 billion from Tuesday’s 1.21 billion shares worth RM1.82 billion. ...Read more>>

FBM KLCI - higher on follow through buying

Stocks on Bursa Malaysia closed higher yesterday propped up by buying interest in finance counters as fears of the Crimea crisis recede for now, turning market focus back to the US Federal Reserve’s two-day meeting started yesterday. The FBMKLCI finished 5.54 points or 0.31% higher at 1,820.7 after hovering between 1,820.7 and 1,813.54. Market breadth was positive, with gainers outnumbering losers by 397 to 346, while 322 counters were unchanged. Turnover stood at 1.21 billion shares worth RM1.82 billion from Tuesday’s 1.27 billion shares worth RM1.52 billion. ...Read more>>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed mixed yesterday as most investors remained on the sidelines following Wall Street's negative performance last week, and investors are also closely monitoring the deepening geopolitical tension between Russia and the West following developments in Ukraine. Nonetheless, the FBMKLCI rebounded with a gain of 10.04 points or 0.56% to 1,815.16 after hovering between 1,802.88 and 1,815.16 on buying interest in the plantation and consumer stocks. Losers outnumbered gainers by 436 to 300, while 336 counters were unchanged. Turnover stood at 1.27 billion shares worth RM1.52 billion from the 1.37 billion shares valued at RM2.08 billion on last Friday. ...Read more>>

FBM KLCI - likely to further correct downward

Stocks on Bursa Malaysia closed lower last Friday on persistent selling pressure ahead of the weekend amid lack of positive market leads, and weaker-than-expected economic data from China and the Ukraine tension continue to cloud local sentiment. The FBMKLCI declined 13.74 points or 0.76% to close at 1,805.12 after moving between 1,817.08 and 1,805.12. On a weekly basis, the benchmark index slumped 27.14 points, or 1.48% from previous Friday’s 1,832.26. Market breadth was bearish with losers outpacing gainers by 543 to 210, with 331 counters unchanged. Volume fell to 1.37 billion shares worth RM2.08 billion from Thursday’s 1.70 billion shares worth RM2.15 billion. Weekly turnover fell to 8.45 billion shares worth RM10.34 billion from previous week’s 10.55 billion shares worth RM10.57 billion. ...Read more>>

FBM KLCI - marginally higher

Stocks on Bursa Malaysia closed mixed yesterday with gains in finance counters helped lift the FBMKLCI index slightly higher. Market sentiment was fragile following China's release of weak economic data. The benchmark index rose 0.26 of a point or 0.01% to close at 1,818.86 after moving between 1,816.76 and 1,821.57 points throughout the day. Market breadth was negative with losers outpacing gainers by 415 to 325, while 341 counters were unchanged. Volume fell to 1.69 billion shares worth RM2.14 billion from Wednesday’s 1.71 billion shares worth RM2.21 billion. ...Read more>>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday on profit-taking activities especially in blue-chip counters. The benchmark FBMKLCI fell 9.95 points or 0.54% to close at 1,818.6 after moving between 1,813.49 and 1,827.33 points throughout the day. Market breadth was negative with losers outpacing gainers by 438 to 334, while 332 counters were unchanged. Volume rose to 1.71 billion shares worth RM2.21 billion from 1.689 billion shares valued at RM2.05 billion on Tuesday. ...Read more>>

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia ended firmer yesterday supported by continued buying interest for heavyweights. The benchmark FBMKLCI gained 6.49 points or 0.36% to end at 1,828.55 after moving between 1,823.54 and 1,828.73 points throughout the day. Market breadth was positive with gainers outpacing losers by 416 to 354, while 330 counters were unchanged. Volume rose to 1.689 billion shares worth RM2.05 billion from 1.685 billion shares valued at RM1.86 billion on Monday. ...Read more>>

FBM KLCI - lower on cautious sentiment

Stocks on Bursa Malaysia ended lower yesterday on lack of buying support for local equities amid cautious global sentiment. The benchmark FBMKLCI shed 10.2 points or 0.56% to close at 1,822.06, after moving between 1,817.2 and 1,827.29 points throughout the day. Market breadth was negative with losers outpacing gainers by 519 to 278, with 284 counters unchanged. Volume rose to 1.69 billion shares worth RM1.86 billion from last Friday’s 1.57 billion shares worth RM1.81 billion. ...Read more>>

FBM KLCI - likely to stay in consolidation

Stocks on Bursa Malaysia ended lower last Friday on profit-taking activities while international investors shifted their focus to regional stocks. The FBMKLCI shed 6.43 points or 0.35% to end at 1,832.26, after moving between 1,831.37 and 1,836.46 points throughout the day. Week-on-week, the benchmark index fell by 3.4 points from 1,835.66 on previous Friday. Market breadth was positive with gainers outpacing losers by 450 to 357, and 325 counters were unchanged. Volume slipped to 1.57 billion shares, worth RM1.81 billion from 2.28 billion shares, worth RM2.38 billion, transacted on Thursday. Weekly turnover fell to 10.55 billion shares worth RM10.57 billion from previous week’s 13.2 billion shares worth RM11.29 billion. ...Read more>>

FBM KLCI - breakout from sidways range

Stocks on Bursa Malaysia ended higher for the third consecutive day yesterday, lifted up by improved market sentiment. The benchmark FBMKLCI ended at its intraday high of 1,838.69, rising 9.58 points or 0.52%, with gains mostly noted in plantation counters like Genting Plantations, PPB, KLK, FGV and IOI Corp. Market breadth was positive with gainers thumping losers 561 to 244, with 317 counters unchanged. Volume slipped to 2.28 billion shares worth RM2.38 billion from 2.4 billion shares worth RM2.15 billion on Wednesday. ...Read more>>

FBM KLCI - higher in tandem with regional markets

Stocks on Bursa Malaysia extended their earlier gains to close higher yesterday lifted by buying interests in banking and plantation stocks, moving in tandem with regional markets on easing Ukraine-Russia tension. The benchmark FBMKLCI gained 2.65 points or 0.15% to close at 1,829.11, after moving between 1,828.01 and 1,831.62 throughout the day. Gainers thumped losers by 466 to 323, with 332 counters unchanged. Volume rose to 2.4 billion shares worth RM2.15 billion from 2.19 billion shares worth RM2.17 billion on Tuesday. ...Read more>>

FBM KLCI - rebounded on last minute buying interest

Stocks on Bursa Malaysia rebounded to close mixed yesterday while a last-minute buying interest in selected blue-chip stocks helped propel the benchmark FBMKLCI to finish at an intra-day high of 1,826.46 amid external pressures. The FBMKLCI rose 1.77 points or 0.10% to end the day at 1,826.46 after hitting an intra-day low of 1,818.86. Market breadth was positive with gainers trouncing losers by 518 to 293, with 301 counters unchanged. Volume rose to 2.19 billion shares worth RM2.17 billion from 2.1 billion shares worth RM2.05 billion on Monday. ...Read more>>

FBM KLCI - down on external factors

Stocks on Bursa Malaysia closed broadly lower yesterday as investors had reacted negatively to the rising tensions in Ukraine, sending most global equity markets including Bursa Malaysia on a downtrend yesterday. The FBMKLCI fell 10.97 points or 0.6% to close at 1,824.69 after hovering between 1,813.6 and 1,835.27 throughout the day. Losers outnumbered gainers by 672 to 222 with 242 counters unchanged. Volume fell to 2.1 billion shares worth RM2.05 billion from 2.45 billion shares worth RM2.68 billion on Friday. ...Read more>>

FBM KLCI - likely to stay in consolidation with an upward bias

Stocks on Bursa Malaysia ended mixed last Friday on lack of buying support ahead of the weekend. However, the benchmark FBMKLCI rose 4 points or 0.22% to close at 1,835.66, after moving between 1,825.82 and 1,836.14 throughout the day. On a weekly basis, the FBMKLCI gained 4.92 points from previous Friday’s 1,830.74. Market breadth was negative with losers leading gainers by 582 to 268, with 305 counters unchanged. Volume rose to 2.45 billion shares worth RM2.68 billion, from 2.38 billion shares worth RM2.09 billion on Thursday. Weekly turnover fell to 13.2 billion shares worth RM11.29 billion, from previous week’s 15.74 billion shares worth RM12.18 billion. ...Read more>>