FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday on profit-taking after three straight days of gains and taking the cue from regional markets amid the fall in oil prices. The FBMKLCI shed 12.26 points or 0.67% to close at 1,829.91, after hovering between 1,845.76 and 1,828.04 throughout the day. Market breadth was negative with losers outpacing gainers by 567 to 252 with 304 counters unchanged. Total volume fell to 1.55 billion units worth RM1.36 billion from 1.73 billion units worth RM1.47 billion on Wednesday. Read more >>

FBM KLCI - higher for third consecutive day

Stocks on Bursa Malaysia closed higher for the third consecutive day yesterday on follow-through buying in blue-chips and selected heavyweights. The market received a boost from the upward revision to the United States' economic growth rate in the July-September period to 3.9% from 3.5%. The FBMKLCI added 3.61 points or 0.20% to close at 1,842.17, after moving between 1,836.79 and 1,845.08 throughout the day. Losers outpaced gainers by 454 to 320 with 313 counters unchanged. Total volume fell to 1.73 billion units worth RM1.47 billion from 2.09 billion units worth RM2.46 billion on Tuesday. Read more >>

FBM KLCI - higher on follow through buying

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI ended on slightly firmer note, supported by buying interest in blue-chips, mostly oil- and gas-related. Oil and gas counters were in the limelight after the government planned to abolish the fuel subsidies beginning Dec 1. The FBMKLCI gained 4.79 points or 0.26% to close at 1,838.56, after moving between 1,830.48 and 1,843.55 throughout the day. Losers outpaced gainers by 476 to 308 with 305 counters unchanged. Total volume fell to 2.09 billion units worth RM2.46 billion from 2.24 billion units worth RM1.91 billion on Monday. Read more >>

FBM KLCI - rebounded strongly to close higher

Stocks on Bursa Malaysia closed higher yesterday on buying interest in blue-chips and heavyweights, in line with regional bourses as China’s decision to cut the lending rate had boosted the country’s economy and strengthened optimism in the global economy. The FBMKLCI rose by 24.64 points or 1.36% to close at 1,833.77, after hovering between 1,809.63 and 1,833.77 throughout the day. Market breadth was positive with gainers outpacing losers by 510 to 297 with 290 counters unchanged. Total volume increased to 2.24 billion units worth RM1.91 billion from 1.77 billion units worth RM1.66 billion on last Friday. Read more >>

FBM KLCI - likely to consolidate downward

Stocks on Bursa Malaysia closed lower last Friday dampened by selling in blue-chips and heavyweights, led by CIMB. The benchmark FBMKLCI managed to stay above 1,800 points despite the market being traded lower for the whole day on profit-taking ahead of the weekend. At close, the FBMKLCI declined 13.16 points or 0.72% to end at 1,809.13, after hovering between 1,817.56 and 1,808.13 throughout the day. Week-on-week, the key index fell 4.66 points or 0.26% from previous Friday’s 1,813.79. Losers outpaced gainers by 464 to 295 with 309 counters unchanged. Total volume decreased to 1.77 billion units worth RM1.66 billion from Thursday’s 1.64 billion units worth RM1.62 billion. Weekly turnover narrowed to 868.22 million shares worth RM8.30 billion from previous week’s 9.95 billion shares worth RM8.98 billion. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday in line with regional markets following a weak economic data released in China. Most Asian stocks fell after the manufacturing purchasing managers’ index showed factory output in the world’s second-biggest economy contracted for the first time in 6 months. The FBMKLCI declined 2.1 points or 0.12% to close at 1,822.29, after hovering between 1,816.97 and 1,825.12 throughout the day. Market breadth was negative with losers outpacing gainers by 500 to 260 with 318 counters unchanged. Total volume decreased to 1.64 billion units worth RM1.62 billion from Wednesday’s 2.1 billion units worth RM1.92 billion. Read more >>

FBM KLCI - higher on follow through rebound

Stocks on Bursa Malaysia closed higher yesterday, helped by gains in selected heavyweights. The performance of the local bourse was in line with most of its South-East Asian peers. At close, the benchmark FBMKLCI rose 6.01 points or 0.33% to close at 1,824.39 points, after hovering between 1,818 points and 1,827.4 points throughout the day. Market breadth was positive with gainers outpacing losers by 438 to 357 while 309 counters were unchanged. Total volume increased to 2.1 billion units worth RM1.92 billion from the 1.76 billion units worth RM1.71 billion on Tuesday. Read more >>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia rebounded to close in positive territory yesterday, spurred by bargain hunting mostly in selected blue-chips and heavyweights. The FBMKLCI rose 11.9 points or 0.66% to close at 1,818.38, after fluctuating between 1,805.35 and 1,818.38 throughout the day. Advancers thumped decliners by 437 to 345, with 306 counters unchanged. Total volume increased to 1.76 billion units worth RM1.71 billion from 1.41 billion shares worth RM1.39 billion transacted on Monday. Read more >>

FBM KLCI - lower on continued weak sentiment

Stocks on Bursa Malaysia closed broadly lower yesterday, dragged down by losses in blue-chips and small-capitalised stocks, in line with weak market sentiment in other Asian markets, although there was strong demand for Chinese stocks as the Shanghai-Hong Kong Stock Connect makes its debut. The benchmark FBMKLCI settled at its intra-day low of 1,806.48, down 7.31 points or 0.04%, after trading as high as 1,814.58. Losers led gainers by 532 to 245, with 286 counters unchanged. Total volume decreased to 1.41 billion shares worth RM1.39 billion from 1.64 billion units worth RM1.6 billion on last Friday. Read more >>

FBM KLCI - likely to further consolidate

Stocks on Bursa Malaysia closed lower last Friday on selling by institutional funds, amid weakness on oil and gas-related counters. The benchmark FBMKLCI fell 2.02 points or 0.11% to close at 1,813.79 after hovering between 1,808.7 and 1,814.57 throughout the day. Week-on-week, the key index lost 10.4 points or 0.6% from previous Friday’s 1,824.19. Losers led gainers by 548 to 235, with 315 counters unchanged. Total volume decreased to 1.65 billion units worth RM1.6 billion from 1.69 billion shares worth RM1.72 billion on Thursday. Weekly turnover fell to 9.95 billion units worth RM8.98 billion compared with previous week’s 11.201 billion shares valued at RM10.532 billion. Read more >>

FBM KLCI - almost unchanged

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI ended almost flat after range-bound trade in line with regional stock markets. Southeast Asian stocks were range-bound but remained resilient after China posted softer than expected economic data. The FBMKLCI stood at 1,815.18, down 0.43 of a point or 0.02%, after hovering between 1,810.73 and 1,820.5 throughout the day. Losers led gainers by 553 to 245, with 309 counters unchanged. Total volume was flat at 1.69 billion shares worth RM1.72 billion from the 1.69 billion shares worth RM1.81 billion on Wednesday. Read more >>

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia closed lower yesterday led by losses in Petronas Gas amid the lacklustre trading of index-linked counters as the local stock market failed to take cue from the firmer Asian markets after the overnight Wall Street closed at a record high. The FBMKLCI fell 8.87 points or 0.49% to close at 1,816.24 after hovering between 1,816.24 and 1,824.83 throughout the day. Losers outpaced gainers by 510 to 265, with 322 counters unchanged. Total volume decreased to 1.69 billion shares worth RM1.81 billion from 2.25 billion shares worth RM1.86 billion on Tuesday. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday weighed by profit-taking in small caps and ACE Market amid losses in selected blue-chips. Bursa Malaysia's weak performance was also contributed by selling in British American Tobacco, the top loser for the day, which fell RM1.10 to RM67. At close, the benchmark FBMKLCI fell 2.82 points or 0.15% to 1,825.11, after hovering between 1,823.27 and 1,832.7 throughout the day. Losers thumped gainers by 625 to 241, with 267 counters unchanged. Total volume decreased to 2.25 billion shares worth RM1.86 billion from 2.66 billion shares worth RM1.97 billion on Monday. Read more >>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed higher yesterday as stronger regional stock markets on the back of favorable US jobs data which points to solid growth in the world’s largest economy helped drive the higher performance of Bursa Malaysia. Buying in small caps and Ace market also helped lift the local bourse to close higher and recoup some losses from last week. At close, the benchmark FBMKLCI gained 3.74 points or 0.3% to close at 1,827.93, after hovering between 1,824.05 and 1,831.82 throughout the day. Market breadth was negative with losers outpaced gainers by 482 to 348, while 299 counters were unchanged. Total volume increased to 2.66 billion shares worth RM1.97 billion from 2.52 billion shares worth RM1.95 billion on Friday. Read more >>

FBM KLCI - likely to consolidate

Stocks on Bursa Malaysia closed mixed last Friday with the benchmark FBMKLCI closing 7.79 points or 0.43% lower at 1,824.19, as profit-taking emerged in the second session. The key benchmark index traded within a 17.21-point range on Friday, hitting a high of 1,841.40 earlier in the first session and fell to its lowest at close. On a weekly basis, the FBMKLCI tumbled 30.96 points from previous Friday’s 1,855.15. Gainers outpaced losers by 409 to 392, with 320 counters unchanged. Total volume dwindled to 2.52 billion shares worth RM1.95 billion from 2.87 billion shares worth RM2.52 billion on Thursday. Weekly turnover soared to 11.20 billion shares, worth RM10.53 billion, from 10.51 billion shares, worth RM10.31 billion, recorded the previous week. Read more >>

FBM KLCI - lower for the fourth consecutive sessions

Stocks on Bursa Malaysia ended lower yesterday despite an upbeat overnight Wall Street, overall sentiment in Asia was cautious amid concerns over falling oil prices and uncertainty on the monetary easing plan in Europe. The benchmark FBMKLCI closed 7.31 points or 0.40% easier at 1,831.98, on continuous profit-taking activity in heavyweight stocks. Losers outpaced gainers by 436 to 364, with 328 counters unchanged. Total volume expanded to 2.87 billion shares worth RM2.52 billion from 2.26 billion shares worth RM2.02 billion yesterday. Read more >>

FBM KLCI - lower on continued correction

Stocks on Bursa Malaysia ended on an easier note yesterday, with the benchmark FBMKLCI closing 8.07 points or 0.44% lower at 1,839.29, dampened by profit-taking in index-linked heavyweights, after moving between 1,837.72 and 1,845.08 throughout the day. Decliners outpaced gainers by 576 to 251, with 288 counters unchanged. Total volume rose to 2.26 billion shares worth RM2.02 billion from 1.68 billion shares worth RM2.14 billion on Tuesday. Read more >>

FBM KLCI - lower on continued profit-taking

Stocks on Bursa Malaysia closed lower yesterday amid falling oil prices which weighed on trading sentiment in Asia. Oil prices continue to tumble to the lowest levels in more than two years, after top exporter Saudi Arabia reduced the cost of its oil to the United States market, in the face of soaring North American output. The benchmark FBMKLCI slid 5.98 points or 0.32% to close at 1,847.36 after moving between 1,845.52 and 1,852.06 throughout the day. Losers outpaced gainers by 438 to 378, with 308 counters unchanged. Total volume reduced to 1.68 billion shares worth RM2.14 billion from the 1.86 billion shares worth RM1.89 billion on Monday. Read more >>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing 1.81 points or 0.10% easier at 1,853.34, as profit-taking activity emerged among heavyweight stocks, as investors took profit after the local bourse’s bullish momentum during the whole of last week. Losers outpaced gainers by 449 to 422, with 288 counters remained unchanged. Total volume dwindled to 1.86 billion shares worth RM1.89 billion from 2.75 billion shares worth RM2.40 billion on last Friday. Read more >>

FBM KLCI - turned bullish

Stocks on Bursa Malaysia closed broadly higher last Friday, the last trading day for the choppy month of October, as upbeat sentiment from Wall Street’s overnight gains drove Bursa Malaysia to close higher, with all indices recording positive movement. The FBMKLCI ended 12.37 points or 0.67% higher at an intraday high of 1,855.15, after touching an intraday low of 1,842.17. On a weekly basis, the key index gained 36.29 points from previous Friday’s 1,818.86. Market breadth was very positive with gainers outpacing losers by 663 to 248, while 275 counters were unchanged. Total volume rose to 2.75 billion shares valued at RM2.4 billion from 1.87 billion shares valued at RM2.15 billion on Thursday. Weekly turnover soared to 10.51 billion shares worth RM10.31 billion from previous week’s 6.76 billion shares worth RM7.37 billion. Read more >>