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Monday, December 31, 2018

FBM KLCI - likely to climb higher on extended year-end window-dressing activity




Stocks on Bursa Malaysia rebounded from earlier losses to finish higher last Friday, lifted by the eleventh-hour window dressing activities amid thin holiday season trading Read more >>

Friday, December 21, 2018

FBM KLCI - lower after US rate hike

Stocks on Bursa Malaysia ended in negative territory as losses in selected heavyweights dragged the local index lower, in line with the bearish performance of regional bourses, after the US Federal Reserve raised interest rates Read more >>

Thursday, December 20, 2018

FBM KLCI - higher on oversold rebound amid signs of year-end window dressing

Stocks on Bursa Malaysia closed steadier yesterday with the benchmark FBM KLCI finishing at the day’s high, amid signs of fund managers' year-end window dressing, and Read more >>

Wednesday, December 19, 2018

FBM KLCI - lower with sign of bottom reversal

Stocks on Bursa Malaysia ended in the red yesterday on weaker demand as traders track the bearish sentiment in regional stock markets, amid the sharp losses on Wall Street overnight. Read more >>

Tuesday, December 18, 2018

FBM KLCI - turning very bearish

Stocks on Bursa Malaysia ended the day lower yesterday on weak market sentiment, after US equities closed lower on Friday, amid global economic growth concerns. Read more >>

Monday, December 17, 2018

FBM KLCI - likely to remain bearish




Stocks on Bursa Malaysia closed broadly lower on Friday, in tandem with the downtrend in regional bourses prompted by continued weak market sentiment and re-emerged risk aversion which curbed interest for equities. Read more >>

Friday, December 14, 2018

FBM KLCI - higher for a second day on improved market sentiment

Stocks on Bursa Malaysia closed firmer yesterday for the second consecutive day, in tandem with the uptrend in regional bourses, underpinned by the easing trade tension between the United States and China Read more >>

Thursday, December 13, 2018

FBM KLCI - higher on oversold technical rebound

Stocks on Bursa Malaysia snapped a six-day losing streak by closing firmer yesterday, with the benchmark index moving into positive territory spurred by buying support in index-linked counters Read more >>

Wednesday, December 12, 2018

FBM KLCI - outlook bearish after closing below critical support

Stocks on Bursa Malaysia closed lower for the sixth consecutive session yesterday, in tandem with most markets in Southeast Asia, on the back of mild sell-off. Read more >>

Tuesday, December 11, 2018

FBM KLCI - bearish breakout of Descending Triangle


Stocks on Bursa Malaysia closed at a nearly two-year low yesterday with the benchmark FBMKLCI slumping 1.025%, as heightened US-China trade worries battered sentiment globally. Read more >>

Monday, December 10, 2018

FBM KLCI - likely to move range-bound with a bearish bias



Stocks on Bursa Malaysia and most of its Asian peers closed in the red on Friday amid the US stock market uncertainty, signalling the health of its economy. Read more >>

Friday, December 7, 2018

FBM KLCI - down in tandem with regional markets, support seen

Stocks on Bursa Malaysia continued their downtrend to close lower yesterday, tracking Asian exchanges amid concerns the arrest of Huawei's global chief financial officer in relation to alleged violations of US sanctions, Read more >>

Thursday, December 6, 2018

FBM KLCI - lower across the region on trade truce concerns

Stocks on Bursa Malaysia closed in the red on Wednesday together with its Asian peers, tracking losses on Wall Street overnight amid plunging US Treasury yields Read more >>

Wednesday, December 5, 2018

FBM KLCI - lower on profit-taking as market stayed cautious after US-China trade truce

Stocks on Bursa Malaysia  closed lower yesterday as profit taking emerged after Monday’s gains, as investors were cautious after the conclusion of the Group of 20 meeting, with Read more >>

Tuesday, December 4, 2018

FBM KLCI - rose on news of US-China trade truce

Stocks on Bursa Malaysia ended yesterday on a bullish note, as market sentiment turned positive after the US and China agreed to a temporary trade truce. Read more >>

Monday, December 3, 2018

FBM KLCI - likely to move range-bound



Stocks on Bursa Malaysia ended its last trading day for the November lower on persistent profit-taking in most index-linked counters on foreign institutional investors' portfolio adjustments and as Read more >>