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Friday, August 30, 2019

FBM KLCI - snapping three-day losing streak to close higher

Stocks on Bursa Malaysia closed firmer yesterday on bargain hunting in selected heavyweights and as foreign selling of Malaysian stocks appeared to have tapered off amid more optimistic corporate financial announcements Read more >>

Thursday, August 29, 2019

FBM KLCI - slightly lower in line with subdued regional tone

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing slightly lower in line with the subdued regional market as concerns over global economy dampened sentiment Read more >>

Wednesday, August 28, 2019

FBM KLCI - lower as cautious sentiment prevails amid weaker corporate earnings

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing at the intraday low after a last minute sell-down of selected blue-chips amid weaker Malaysian corporate financial reports Read more >>

Tuesday, August 27, 2019

FBM KLCI - rebounded to close at 1,600 support level after plunging in tandem with regional markets

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI closing at the crucial 1,600-point support level after a last minute spike, Read more >>

Monday, August 26, 2019

FBM KLCI - likely to stay sideways range-bound amid external uncertainties




Stocks on Bursa Malaysia ended Friday on a mixed note with the benchmark FBMKLCI closing at an intra-day high after an 11th-hour spike, backed by institutional support in selected heavyweights, Read more >>

Friday, August 23, 2019

FBM KLCI - higher on cautious mood

Stocks on Bursa Malaysia ended yesterday on a cautious note with the benchmark FBMKLCI closing higher led by AMMB Holdings Bhd share price rise and as investors took cue from overnight US equity gains, Read more >>

Thursday, August 22, 2019

FBM KLCI - lower on last minute selling amid global economic concerns

Stocks on Bursa Malaysia closed lower yesterday with the benchmark FBMKLCI closing at its intraday low after an 11th-hour plunge following a sharp drop in prices of several component stocks Read more >>

Wednesday, August 21, 2019

FBM KLCI - closing higher above 1,600 as stimulus hopes spur markets

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI closing on a slightly higher note and moderately above the immediate resistance level of 1,600 backed by institutional support, after Read more >>

Tuesday, August 20, 2019

FBM KLCI - closed lower below 1,600 on late selling

Stocks on Bursa Malaysia closed mixed yesterday after a range-bound trading day with the benchmark FBMKLCI closing 2.77 points lower below the crucial psychological support level of 1,600 Read more >>

Monday, August 19, 2019

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




Stocks on Bursa Malaysia closed mixed on Friday with the benchmark FBMKLCI closing below the crucial psychological support level of 1,600 at 1,599.22 on the back of the better than expected second quarter gross domestic product (GDP) announcement by Bank Negara Malaysia. Read more >>

Friday, August 16, 2019

FBM KLCI - closed marginally lower but stayed above 1,600

Stocks on Bursa Malaysia closed broadly lower yesterday with the benchmark FBMKLCI recouping most of its earlier losses to end marginally lower by 0.02 point at its intra-day high of 1,600.29 Read more >>

Thursday, August 15, 2019

FBM KLCI - rebounded to 1,600 in line with regional recovery over US tariffs delay

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI closing higher at the crucial 1,600 level, rebounding after a sharp decline on Tuesday Read more >>

Wednesday, August 14, 2019

FBM KLCI - closed below 1,600 as external headwinds dampen sentiment

Stocks on Bursa Malaysia closed lower across the board yesterday with the benchmark FBMKLCI falling 22.17 points or 1.37% to below the crucial 1,600 level, Read more >>

Tuesday, August 13, 2019

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




Stocks on Bursa Malaysia ended mixed on Friday, with the FBMKLCI ending 0.06% easier after an 11th-hour plunge in selected KLCI-linked banking stocks while Read more >>

Friday, August 9, 2019

FBM KLCI - higher in tandem with regional peers as China export data surprises

Stocks on Bursa Malaysia ended broadly higher yesterday in line with regional peers and amid an announcement of better-than-expected Chinese trade data for July and Read more >>

Thursday, August 8, 2019

FBM KLCI - pullback led by Genting stocks as Sino-U.S. trade war concerns linger

Stocks on Bursa Malaysia ended lower on brisk-selling activities in the broader market, especially in heavyweights, led by Genting, Genting Malaysia Bhd and Public Bank. Read more >>

Wednesday, August 7, 2019

FBM KLCI - marginally higher on oversold technical rebound

Stocks on Bursa Malaysia rebounded to close marginally higher yesterday with the market bellwether FBM KLCI ended slightly higher but the overall market remained weak on the heels of the trade tussle between the US and China. Read more >>

Tuesday, August 6, 2019

FBM KLCI - plunge in tandem with Asian markets after Trump tariff threat


Stocks on Bursa Malaysia ended on a weak note yesterday, weighed down by broad-based sell-off in line with its regional peers as the market braced for a fresh round of trade war between the US and China, Read more >>

Monday, August 5, 2019

FBM KLCI - likely to remain bearish




Stocks on Bursa Malaysia ended on a weak note Friday amid broad-based selling, except the real estate investment trusts (REIT) index, and in line with regional peers Read more >>

Friday, August 2, 2019

FBM KLCI - closed higher bucking regional trend


Stocks on Bursa Malaysia bucked the regional trend to end higher yesterday, thanks to buying support in the selected heavyweights, led by Read more >>

Thursday, August 1, 2019

FBM KLCI - down for the third consecutive sessions after failure of U.S.-China trade talk

Stocks on Bursa Malaysia continued its downtrend to close lower yesterday with selling mostly in banking and financial stocks as weak global market sentiment weighed down by the bleak external developments. Read more >>