FBM KLCI - continued climbing higher

Stocks on Bursa Malaysia edged higher yesterday with most indices recording positive movement and in line with the rise on regional bourses. The FBMKLCI ended 3.23 points or 0.18% better at 1,842.78 points after hovering between 1,838.04 points and 1,843.89 points throughout the day. Market breadth was positive with gainers outpacing losers by 509 to 339, while 295 counters were unchanged. Total volume fell to 1.87 billion shares valued at RM2.15 billion from Wednesday’s 2.01 billion shares valued at RM2.11 billion. Read more >>

FBM KLCI - higher on bullish sentiment

Stocks on Bursa Malaysia closed broadly higher yesterday as upbeat sentiment from overnight gains on Wall Street spurred buying interest across the board. The FBMKLCI closed at an intraday high of 1,839.55 points, up 13.87 points, or 0.76%, after touching an intraday low of 1,825.73 points. Market breadth was positive with gainers outpacing losers by 586 to 232, while 280 counters were unchanged. Total volume soared to 2.01 billion shares valued at RM2.11 billion from Tuesday’s 1.58 billion shares valued at RM1.78 billion. Read more >>

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia closed mixed yesterday as investors are awaiting the outcome of the US Federal Reserve’s two-day meeting, which began later yesterday. The benchmark FBMKLCI however, rebounded from losses earlier in the day to close higher, lifted by consumer-related stocks. At close, the benchmark index stood at 1,825.68 points, rising 2.53 points or 0.14%, after hovering between 1,819.37 points and 1,825.85 points throughout the day. Market breadth was negative with losers outpaced gainers by 529 to 284, while 274 counters were unchanged. Total volume fell to 1.58 billion shares valued at RM1.78 billion from Monday’s 2.29 billion shares valued at RM1.85 billion. Read more >>

FBM KLCI - higher on follow through buying

Stocks on Bursa Malaysia closed higher yesterday on upbeat sentiment, driven by gains in regional bourses. The FBMKLCI gained 4.29 points or 0.24% to close at 1,823.15 after moving between 1,815.35 and 1,824.37 throughout the day. Gainers outpaced losers by 633 to 230, while 255 counters were unchanged. Total volume rose to 2.29 billion shares valued at RM1.85 billion from 1.88 billion shares valued at RM1.77 billion recorded last Friday. Read more >>

FBM KLCI - likely to move higher

Stocks on Bursa Malaysia closed broadly higher last Friday following Wall Street's overnight rally on the back of strong US corporate earnings and encouraging economic reports. The FBMKLCI rose 8.18 points or 0.45% to close at 1,818.86, after opening 3.64 points higher at 1,814.32 and moved between 1,810.02 and 1,819.23 throughout the day. On a weekly basis, the FBMKLCI rose 30.55 points from previous Friday's 1,788.31. Gainers outpaced losers by 625 to 254, while 251 counters were unchanged. Total volume rose to 1.88 billion shares valued at RM1.77 billion from 1.59 billion shares worth RM2.01 billion on Thursday. Weekly turnover for the holiday shortened week declined to 6.76 billion shares worth RM7.37 billion from previous week’s 9.90 billion shares valued at RM10.53 billion. Read more >>

FBM KLCI - higher on strong rebound

Stocks on Bursa Malaysia closed sharply higher yesterday, boosted by industrial, as well as trade and services-related companies. The market saw strong buying interest following the overnight fall in oil prices. The FBMKLCI rose 14.46 points or 0.81% to close at 1,810.68, after opening 4.94 points higher at 1,801.16 and hovered between 1,800.44 and 1,813.13 throughout the day. Gainers outpaced losers by 670 to 185, while 249 counters were unchanged. Total volume rose to 1.59 billion shares worth RM2.01 billion from 1.24 billion shares valued at RM1.38 billion on Tuesday. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia ended lower Tuesday on selling pressure ahead of the Deepavali holiday on Wednesday. The market also turned weak compared with that of Monday, in sync with regional peers after China reported its weakest economic growth in five years, where the world’s second largest economy grew 7.3% between July and September from a year earlier, slowing from the 7.5% in the second quarter. The benchmark FBMKLCI finished 6.92 points or 0.38% lower at 1,796.22, after opening slightly better at 1,803.82 and moved between 1,794.66 and 1,804.83 throughout the day. Losers outpaced gainers by 463 to 306, while 294 counters were unchanged. Total volume declined to 1.24 billion shares valued at RM1.38 billion from Monday’s 2.05 billion shares worth RM2.21 billion. Read more >>

FBM KLCI - higher on continued rebound

Stocks on Bursa Malaysia continued its rebound from last Friday to close higher yesterday in tandem with most regional peers, as upbeat US data late last week calmed the global financial markets and reassured investors worried about the performance of the world's biggest economy. The benchmark FBMKLCI rose 14.83 points or 0.83% to 1,803.14. Gainers outpaced losers by 569 to 305 with 261 counters unchanged. Total volume shrank to 2.05 billion shares worth RM2.21 billion from 2.30 billion shares worth RM2.48 billion last Friday. Read more >>

FBM KLCI - likely to stage further technical rebound

Stocks on Bursa Malaysia closed broadly higher last Friday on massive buying in heavyweights led by Sapura Kencana Petroleum and CIMB drove the benchmark index up to end the week on a high note, after falling consecutively for five trading days. The benchmark FBMKLCI finished 20.54 points or 1.16% higher at 1,788.31, after hovering between 1,766.22 and 1,795.29 throughout the day. However, on a weekly basis, the key index fell 20.57 points from 1,808.88 on previous Friday. Gainers thumped losers 884 to 128, while 161 counters were unchanged. Total volume slipped to 2.3 billion shares worth RM2.48 billion from 2.56 billion shares worth RM2.68 billion on Thursday. Weekly turnover increased to 9.90 billion shares valued at RM10.53 billion, from 8.80 billion shares valued at RM8.77 billion last week. Read more >>

FBM KLCI - lower on panic selling

Stocks on Bursa Malaysia closed lower across the board yesterday for the fifth consecutive days as the market suffered heavy losses on continued technical correction on the local benchmark index. The FBMKLCI finished 19.07 points or 1.07% lower at the intra-day low of 1,767.77. Losers thumped gainers by 1,001 to 64, while 144 counters were unchanged. Total volume increased to 2.56 billion shares worth RM2.68 billion from 2.04 billion shares worth RM2.17 billion on Wednesday. Read more >>

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia closed broadly lower yesterday on the back of subdued demand due to lack of catalysts to drive trading. The recent International Monetary Fund's (IMF) move to revise downward its forecast on global growth to grow by 3.8% next year compared to its earlier forecast of 4% in July has put pressure on demand for the stock markets. The benchmark FBMKLCI ended 9.54 points or 0.53% lower to close at 1,786.84 after moving between 1,786.78 to 1,801.12 points throughout the day. Losers led gainers by 659 to 209 while 262 counters were unchanged. Total volume reduced to 2.04 billion shares worth RM2.16 billion compared with 2.22 billion shares worth RM2.45 billion on Tuesday. Read more >>

FBM KLCI - marginally lower

Stocks on Bursa Malaysia closed broadly lower yesterday with the benchmark FBMKLCI closing marginally lower, amid mixed sentiment on Asian equity markets with gains in selected consumer and finance stocks limiting losses. Investors had remained on the sidelines on concerns over the possibility of the US Federal Reserve ending its bond-buying program this month. The FBMKLCI ended 0.82 of a point or 0.05% lower at 1,796.38 points, after hovering between 1,790.99 and 1,801.81 during the day. Decliners trounced advancers by 652 to 226 while 285 counters were unchanged. Total volume increased to 2.22 billion shares worth RM2.45 billion compared with 1.74 billion shares worth RM1.8 billion on Monday. Read more >>

FBM KLCI - lower on continued bearish sentiment

Stocks on Bursa Malaysia closed broadly lower yesterday on continued selling pressure tracking the weaker Asian equity markets, as investors remained cautious over the uncertainties of the global economy despite the higher-than expected China import and export data released earlier yesterday. The benchmark FBMKLCI ended sharply lower to close at its intra-day low of 1,797.2 points, down 11.68 points or 0.65%, after rising to a high of 1,808.95 during the day. Market breadth was negative as decliners trounced advancers by 757 to 155 while 237 counters were unchanged. A total of 1.74 billion shares worth RM1.8 billion were transacted compared with 2.22 billion shares worth RM2.34 billion on Friday. Read more >>

FBM KLCI - likely to further correct downward

Stocks on Bursa Malaysia closed broadly lower last Friday with the benchmark FBMKLCI sharply lower in tandem with Asian equity markets as overall sentiment remained weak due to global growth concerns. The FBMKLCI fell 20.85 points or 1.14% to close at 1,808.88 after moving between 1,808.09 and 1,822.92 throughout the day. On a weekly basis, the key index lost 31.94 points from 1,840.82 on previous Friday. Decliners trounced advancers by 747 to 152 while 254 counters were unchanged. Total volume rose to 2.22 billion shares worth RM2.34 billion compared with 1.81 billion shares worth RM1.85 billion on Thursday. Weekly turnover decreased to 8.80 billion shares valued at RM8.77 billion, from 11.39 billion shares valued at RM9.43 billion the previous week. Read more >>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia rebounded to close broadly higher yesterday after two consecutive days of losses, moving in tandem with most Asian equity markets after the US Federal Reserve said it would not rush into raising interest rates. However, the local market players were cautious ahead of the Budget 2015 to be tabled today. The benchmark FBMKLCI rose 5.41 points or 0.30% to close at 1,829.73 after moving between 1,824.95 and 1,830.80 throughout the day. Market breadth was positive with advancers trouncing decliners by 609 to 229 while 266 counters were unchanged. Total volume reduced to 1.81 billion shares worth RM1.85 billion compared with 2.57 billion shares worth RM2.49 billion on Wednesday. Read more >>

FBM KLCI - lower on continued bearish sentiment

Stocks on Bursa Malaysia closed lower across the board yesterday in tandem with most Asian equity markets. Market sentiment was dampened by worries over easier global growth moving forward as the International Monetary Fund has trimmed its global growth outlook for 2015 to 3.8% from 4% in an early estimate. The benchmark FBMKLCI fell 9.22 points or 0.5% to close at 1,824.32, the lowest point of the day after hitting an intra-day high of 1,831.79. Market breadth was negative with decliners thumping advancers by 935 to 93 while 175 counters were unchanged. A total of 2.57 billion shares worth RM2.49 billion were transacted compared with Tuesday's 2.18 billion shares worth RM2.07 billion. Read more >>

FBM KLCI - down on heavy selling pressure

Stocks on Bursa Malaysia ended lower yesterday, weighed down by losses in PETRONAS related counters, with the benchmark FBMKLCI closing 7.28 points or 0.4% easier at its intra-day low of 1,833.54 points after hitting intra-day high of 1,849.47 points earlier in the morning. Market breadth was negative with decliners outpacing gainers by 804 to 159 while 210 counters were unchanged. Total volume increased to 2.18 billion shares worth RM2.07 billion compared with Friday's 1.71 billion shares worth RM1.5 billion. Read more >>

FBM KLCI - likely to stay sideways range-bound

Stocks on Bursa Malaysia closed mixed last Friday with the benchmark FBMKLCI making a gain on strong buying support in selected blue-chips, tracking the positive sentiments on regional markets as investors expected positive US employment and factory orders reports released later of the day. The FBMKLCI rose by 3.14 points or 0.17% to close at 1,840.82, after moving between 1,838.03 and 1,844.06 throughout the day. On a weekly basis, the key index rose 0.32 of a point from 1,840.50 on previous Friday. Decliners outpaced gainers by 408 to 367, while 349 counters were unchanged. Total volume fell to 1.71 billion shares worth RM1.5 billion from 2.13 billion shares worth RM1.9 billion on Thursday. Weekly turnover decreased to 11.39 billion shares valued at RM9.43 billion from 12.53 billion shares worth RM10.11 billion on previous week. Bursa Malaysia was closed yesterday for the Aidil Adha holiday. Read more >>

FBM KLCI - lower on persistent selling

Stocks on Bursa Malaysia extended their losses to close lower yesterday on weaker buying support due to the hefty fall on Wall Street overnight and a lack of fresh leads ahead of the Budget 2015 announcement next week also sent some traders away as the market awaited a new direction. The benchmark FBMKLCI finished 7.64 points or 0.41% lower at 1,837.68, after opening 0.15 of a point lower at 1,845.17 and moved between 1,837.55 and 1,845.86 throughout the day. Decliners outpaced gainers by 732 to 179, while 232 counters were unchanged. A total of 2.13 billion shares were transacted worth RM1.9 billion, down from 2.22 billion shares valued at RM1.64 billion on Wednesday. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia ended lower yesterday on profit-taking following the weak regional sentiment after losses on Wall Street overnight. At close, the benchmark FBMKLCI declined 0.99 point or 0.05% to 1,845.32, after opening 0.69 of a point higher at 1,847.00 and moved between 1,842.60 and 1,847.70 throughout the day. Decliners outpaced gainers by 562 to 277, while 287 counters were unchanged. Total volume fell to 2.23 billion shares valued at RM1.64 billion from 2.73 billion shares worth RM2.54 billion on Tuesday. Read more >>

FBM KLCI - marginally lower

Stocks on Bursa Malaysia gave up its earlier gains to close easier yesterday, with losses seen in selected key heavyweights and small capitalised stocks. The market moved in line with regional peers as Wall Street staged an overnight decline amid unrest in Hong Kong. At close, the benchmark FBMKLCI was 0.03 of a point lower at 1,846.31 after opening 1.78 points lower at 1,844.56. The key index hovered between 1,842.35 and 1,854.21 throughout the day. Market breadth was negative as losers led gainers by 455 to 355 with 333 counters unchanged. Total volume rose to 2.73 billion shares worth RM2.54 billion from 2.6 billion shares valued at RM1.88 billion yesterday. Read more >>