FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia ended yesterday mixed due to persistent selling pressure on small-cap stocks. However, gains in heavyweights helped pushed the benchmark FBMKLCI 3.6 points or 0.19% higher to 1,859.34 points, after opening 3.47 points lower and hovered between 1,852.27 points and 1,859.34 points. Market breadth was extremely negative as losers led gainers by 728 to 192 while 256 counters were unchanged. Turnover was higher at 2.5 billion shares worth RM2.2 billion from Monday’s 2.16 billion shares worth RM1.74 billion. Read more>>

FBM KLCI - lower on continued profit-taking

Stocks on Bursa Malaysia ended yesterday lower on weak buying support due to ongoing geopolitical risk in Ukraine, with the FBMKLCI closing 5.24 points or 0.28% easier at 1,855.74 points, after hovering between 1,855.74 points and 1,862.97 points throughout today. Market breadth was negative as losers led gainers by 647 to 235 while 259 counters were unchanged. Turnover was higher at 2.16 billion shares worth RM1.74 billion from 1.93 billion shares worth RM1.89 billion, recorded on Friday. Read more>>

FBM KLCI - likely to further consolidate

Stocks on Bursa Malaysia closed lower last Friday amid heightened tensions in Ukraine which pushed world shares lower. The FBMKLCI continued its downtrend to end 4.3 points or 0.23% lower at 1,860.98 points after hovering between 1,859.95 and 1,868.29 points throughout the trading day. On a weekly basis, the benchmark index gained 8.29 points or 0.57% from previous Friday’s 1,852.69. Market breadth was negative as losers led gainers by 463 to 382 while 301 counters were unchanged. Turnover was lower at 1.93 billion shares worth RM1.89 billion from 2.02 billion shares worth RM1.96 billion recorded on Thursday. Average daily traded volume and value decreased mildly to 2.28 billion shares and RM2.16 billion, compared with the 2.35 billion shares and RM2.12 billion average, respectively, the previous week. Read more>>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday with losses in banking counters dragged the FBMKLCI to close 2.07 points or 0.11% lower to 1,865.28 points. The benchmark index which stayed in the red yesterday hovered between 1,863.51 points and 1,866.32 points throughout the trading day. Market breadth was negative as losers led gainers by 485 to 325, while 344 counters were unchanged. Turnover was lower at 2.02 billion shares worth RM1.96 billion from Wednesday’s 2.23 billion shares worth RM2.09 billion. Read more>>

FBM KLCI - likely to stay range-bound

Stocks on Bursa Malaysia closed marginally higher last Friday with mild buying momentum in heavyweights and lower liners, and most regional stock markets were closed for the Good Friday holiday. The benchmark FBMKLCI closed 2.15 points or 0.12% higher at 1,852.69 after trading between 1,847.38 and 1,854.07 throughout the day. On a weekly basis, the key index was almost flat with a marginal gain of 0.03 of a point against 1,852.66 recorded the previous Friday. Gainers led losers by 455 to 362, while 331 counters were unchanged. Turnover reduced to 2.216 billion shares valued at RM1.693 billion from Thursday’s 2.52 billion shares valued at RM2.113 billion. Weekly turnover stood at 11.753 billion shares worth RM10.617 billion, compared with previous week’s 10.534 billion shares valued at RM11.026 billion. Read more>>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed higher yesterday as the benchmark FBMKLCI extended gains on continuous buying interest seen in key heavyweights as well as lower liners. The FBMKLCI ended 5.17 points or 0.28% better at 1,850.54 after trading between 1,847.40 and 1,852.13 throughout the day. Losers edged gainers by 409 to 405, while 333 counters were unchanged. Turnover was higher at 2.52 billion shares valued at RM2.113 billion from Wednesday’s 2.40 billion shares valued at RM2.25 billion. Read more>>

FBM KLCI - lower on heavy profit-taking

Stocks on Bursa Malaysia closed lower yesterday, weighed by losses in selected heavyweights amid the lack of strong leads. The benchmark FBMKLCI fell 8.51 points or 0.46% to 1,845.37 after moving between 1,845.37 and 1,854.62 throughout the day. Market breadth was positive with gainers outpacing losers by 441 to 374 while 343 counters were unchanged. Turnover was lower at 2.40 billion shares valued at RM2.25 billion from Tuesday’s 2.58 billion shares valued at RM2.5 billion. Read more>>

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia closed on firm note yesterday helped by rotational interests in lower-liners and small-capitalized stocks as the market staged a late rebound to erase its earlier losses. The FBMKLCI rose 2.35 points or 0.13% to end at 1,853.88 after moving between 1,847.36 and 1,853.88 throughout the day. Losers slightly edged gainers by 413 to 406 while 344 counters were unchanged. Turnover rose to 2.58 billion shares worth RM2.5 billion from 2.02 billion shares valued at RM2.04 billion on Monday. Read more>>

FBM KLCI - lower on weak external sentiment

Stocks on Bursa Malaysia closed lower yesterday in tandem with regional bourses on weak external sentiment as Asian stock markets fell following two consecutive days of heavy decline in the United States following forecast of lower American corporate profits. The FBMKLCI ended 1.13 points or 0.06% lower at 1,851.53 after moving between 1,847.92 and 1,854.52. Losers led gainers by 454 to 396, while 305 counters were unchanged. Turnover fell to 2.02 billion shares valued at RM2.04 billion from 2.22 billion shares worth RM1.97 billion on Friday. Read more>>

FBM KLCI - likely to further consolidate

Stocks on Bursa Malaysia closed lower last Friday, pressured by pre-weekend selling and in line with regional markets, amid a major overnight sell-off on Wall Street. The FBMKLCI was 6.86 points or 0.37% lower at 1,852.66 after fluctuating between 1,848.19 and 1,854.89. On a weekly basis, the key index fell 3.95 points from previous Friday’s 1,856.61. Losers led gainers by 522 to 312, while 301 counters were unchanged. Volume rose to 2.22 billion shares worth RM1.97 billion from 2.08 billion shares worth RM2.32 billion on Thursday. Weekly turnover rose to 10.53 billion shares worth RM11.03 billion from previous week’s 10.44 billion shares valued at RM12.7 billion. Read more>>

FBM KLCI - higher on last minute buying

Stocks on Bursa Malaysia closed higher yesterday on late buying support prompted by overnight gains on Wall Street. The benchmark FBMKLCI moved in line with the regional markets, which rose after the US Federal Reserve's (Fed) March meeting revealed a more dovish stance than what investors expected. The FBMKLCI ended 3.77 points or 0.20% higher to close at 1,859.52 after moving between 1,855.56 and 1,860.28 throughout the day. Gainers led losers by 546 to 307, while 306 counters were unchanged. Turnover declined to 2.08 billion shares worth RM2.32 billion from 2.22 billion shares worth RM2.38 billion on Wednesday. Read more>>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia rebounded from recent losses to end higher yesterday on renewed buying interests, led by consumer stocks. The benchmark FBMKLCI was 3.44 points or 0.19% higher at 1,855.75 after moving between 1,851.41 and 1,856.03 throughout the day. Market breadth was positive with gainers outnumbering losers by 462 to 336, while 351 counters were unchanged. Turnover rose to 2.22 billion shares valued at RM2.38 billion from Tuesday’s 1.89 billion shares valued at RM2.09 billion. Read more>>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia ended lower yesterday on profit-taking following its recent gains. The benchmark FBMKLCI closed 10.59 points or 0.57% lower at 1,852.31 on lack of strong leads after moving between 1,851.37 and 1,861.19 throughout the day. Market breadth was negative with losers outnumbered gainers by 424 to 389, while 320 counters were unchanged. Turnover declined to 1.89 billion shares worth RM2.09 billion, from Monday’s 2.12 billion shares worth RM2.27 billion. Read more>>

FBM KLCI - higher on last minute buying support

Stocks on Bursa Malaysia closed mixed yesterday with lower-liners down on profit-taking while blue-chips were higher on follow-through buying support. The FBMKLCI rose 6.29 points or 0.34% to close at 1,862.9, its highest level so far this year, after hitting an intra-day low of 1,853.44. However, market breadth was negative, with losers outnumbering gainers by 452 to 372, while 298 counters were unchanged. Turnover rose to 2.12 billion shares valued at RM2.27 billion, from last Friday’s 2.06 billion shares valued at RM2.83 billion. Read more>>

FBM KLCI - profit-taking correction may continue

Stocks on Bursa Malaysia closed mixed last Friday with the benchmark FBMKLCI closed marginally higher thanks to buying support on select finance stocks. Asian stocks were traded mixed as investors remained cautious ahead of jobs report in the United States to be released later at night. The benchmark FBMKLCI ended 0.98 of a point or 0.05% higher at 1,856.61 after hovering between 1,856.27 and 1,869.09 throughout the day. Week-on-week, the key index rose 5.88 points or 0.32% from previous Friday’s 1,850.73. Gainers outpaced losers by 431 to 418 with 318 counters unchanged. Turnover fell to 2.06 billion shares, worth RM2.83 billion, from 2.12 billion shares, valued at RM2.81 billion on Thursday. Weekly turnover rose to 10.44 billion shares, valued at RM12.7 billion, from previous week’s 9.92 billion shares worth RM10.07 billion. ...Read more>>

FBM KLCI - higher on last minute buying

Stocks on Bursa Malaysia closed mixed yesterday, but last minute buying, mostly seen in the Finance counters, has pushed up the benchmark FBMKLCI to a new high for this year. At close, the FBMKLCI stood at 1,855, up 3.63 points or 0.2%, after hovering between 1,847.81 and 1,855.83 throughout the trading session, beating the previous new high of 1,852.95 on Jan 2. Gainers outpaced losers by 420 to 415, while 336 counters were unchanged. Turnover fell to 2.12 billion shares worth RM2.81 billion from 2.35 billion shares valued at RM2.64 billion on Wednesday. ...Read more>>

FBM KLCI - higher on rebound

Stocks on Bursa Malaysia closed higher yesterday, driven by gains in index-linked Oil-and-Gas and finance counters. The benchmark FBMKLCI rose 4.24 points or 0.23% to close at 1,852, after hovering between 1,846.82 and 1,854.01 throughout the trading day. Gainers outpaced losers 543 to 270, while 349 counters were unchanged. Turnover rose to 2.35 billion shares worth RM2.64 billion from 1.98 billion shares valued at RM2.05 billion on Tuesday. ...Read more>>

FBM KLCI - lower on continued profit-taking

Stocks on Bursa Malaysia turned mixed at close yesterday as gains in selected heavyweights limited losses. The FBMKLCI fell 1.45 points or 0.08% to close at 1,847.76 after moving between 1,842.06 and 1,847.76. Gainers outpaced losers by 446 to 348, while 331 counters were unchanged. Turnover rose to 1.98 billion shares worth RM2.05 billion, from 1.94 billion shares valued at RM2.38 billion on Monday. ...Read more>>

FBM KLCI - lower on profit-taking

Stocks on Bursa Malaysia closed lower yesterday amid continued profit-taking pressure on selected plantation and palm oil stocks. However, most Asian stocks were higher in a cautious start to the week, with investors holding out hope that China would take steps to stimulate its economy. The FBMKLCI was down 1.52 points or 0.08% to close at 1,849.21 after hovering between 1,839.03 and 1,852.29 throughout the day. Gainers outpaced losers by 408 to 384, while 315 counters were unchanged. Turnover rose to 1.94 billion shares worth RM2.38 billion from 1.8 billion shares valued at RM2.03 billion on Friday. ...Read more>>