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Wednesday, September 30, 2020

FBM KLCI - pulling back on profit-taking


Stocks on Bursa Malaysia closed in the red yesterday, dragged by profit taking in heavyweights led by Top Glove, Hartalega, Tenaga and PPB, as investors continue to weigh the impact of the resurgence in global Covid-19 infections on global markets. Read more >>

Tuesday, September 29, 2020

FBM KLCI - higher for the third consecutive day


Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI higher for the third consecutive days on fund managers' quarter-end window dressing Read more >>

Monday, September 28, 2020

FBM KLCI - likely to move sideways range-bound amid lack of catalyst



Stocks on Bursa Malaysia closed higher last Friday, as market sentiment was boosted by the brisk buying momentum after Malaysia was retained on the FTSE Russell’s World Government Bond Index (WGBI) watch list, and on continued buying interest in rubber glove stocks. Read more >>

Friday, September 25, 2020

FBM KLCI - rebounded to close above 1,500


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI rebounding to close above the 1,500-point level on the back of the extended recovery in glove stocks, Read more >>

Thursday, September 24, 2020

FBM KLCI - dragged down by political uncertainty


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI giving back much of its prior day’s gain amid news of a potential change in the Malaysian government, Read more >>

Wednesday, September 23, 2020

FBM KLCI - rebounded to close above 1,500 on bargain-hunting


Stocks on Bursa Malaysia ended yesterday mixed with the benchmark FBMKLCI closing above the 1,500-point level after closing below the all-important support level on Monday, Read more >>

Tuesday, September 22, 2020

FBM KLCI - closing lower for third consecutive day and below 1,500


Stocks on Bursa Malaysia ended yesterday in the red with the benchmark FBMKLCI falling below the 1,500-level on lack of catalysts and in line with most regional markets Read more >>

Monday, September 21, 2020

FBM KLCI - likely to stay in consolidation amid lack of catalyst



Stocks on Bursa Malaysia ended last Friday’s volatile trading session mixed with the FBMKLCI bucking regional trend to close in the red, after an 11th-hour fall following a sharp drop in the share prices of bank counters widened, Read more >>

Friday, September 18, 2020

FBM KLCI - pulled back on heavy profit-taking, snapping three days rise


Stocks on Bursa Malaysia ended lower yesterday, snapping a three-day winning streaks, with the benchmark FBMKLCI giving back much of its gains on Tuesday as selling pressure weighed on the overall market, Read more >>

Thursday, September 17, 2020

FBM KLCI - higher for the third consecutive day


Stocks on Bursa Malaysia ended higher Tuesday with the benchmark FBMKLCI closing higher above 1,500 for the third consecutive trading day, as the rally in Hartalega and banks, mainly Maybank, Public Bank and CIMB, pushed the key index to end near its intraday high. Read more >>

Tuesday, September 15, 2020

FBM KLCI - higher for the second consecutive days above 1,500


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closing higher above 1,500 for a second day, in sync with Asian and US stock markets performance, Read more >>

Monday, September 14, 2020

FBM KLCI - likely to stay range-bound with an upward bias



Stocks on Bursa Malaysia ended last Friday higher with the benchmark FBMKLCI closing up the week higher by rebounding nearly one per cent at the close, entirely supported by Top Glove and Hartalega, Read more >>

Thursday, September 10, 2020

FBM KLCI - closing below 1,500 and below the 200-day SMA


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closing below 1,500 since June 29 this year. Read more >>

Wednesday, September 9, 2020

FBM KLCI - higher to close at intraday high on last-minute spike


Stocks on Bursa Malaysia ended broadly lower yesterday amid a confluence of factors including lower crude oil prices and anticipation of Bank Negara Malaysia's (BNM) interest rate decision this week, Read more >>

Tuesday, September 8, 2020

FBM KLCI - marginally higher amid range-bound consolidation


Stocks on Bursa Malaysia ended broadly lower yesterday, while the benchmark FBMKLCI reversed earlier losses to finish slightly higher on last-minute buying in selected index-linked counters Read more >>

Monday, September 7, 2020

FBM KLCI - likely to stay sideways range-bound ahead of BNM's monetary policy meeting



Stocks on Bursa Malaysia ended last week lower dragged by significant sell-offs in finance- and plantation-linked counters, while the benchmark FBMKLCI closed marginally higher Friday on mild bargain hunting Read more >>

Friday, September 4, 2020

FBM KLCI - plunged lower on heavy profit-taking


Stocks on Bursa Malaysia ended lower across the board yesterday as profit-taking in the healthcare, Ace Market and energy indices dragged the market lower and as investors took cue from China share losses. Read more >>

Thursday, September 3, 2020

FBM KLCI - lifted by finance heavyweights rebound


Stocks on Bursa Malaysia ended mixed yesterday, while the benchmark FBMKLCI closed higher at the intraday high on persistent buying in finance-related heavyweights, Read more >>

Wednesday, September 2, 2020

FBM KLCI - slid lower as market goes into consolidation


Stocks on Bursa Malaysia ended lower yesterday, dragged by selling in most heavyweights led by finance stocks, even though losses were capped by buying in smaller caps as investors opted for selective rebalancing among their portfolios following the end of the results season last week. Read more >>

Tuesday, September 1, 2020

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




Stocks on Bursa Malaysia ended Friday, the last trading day for August, on a lower note, pressured by last-minute acceleration in selling activities led by finance-linked stocks and lower liners, Read more >>