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Friday, April 30, 2021

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


Stocks on Bursa Malaysia ended mixed on Wednesday with the benchmark FBMKLCI closed higher in line with the gains seen among other regional markets as late buying in selected plantation as well as consumer products and services counters managed to lift the key index from earlier losses to close above the 1,600 level. Read more >>

Wednesday, April 28, 2021

FBM KLCI - lower on profit-taking in consumer and healthcare counters


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI giving back all of its prior day’s gains as persistent selling in selected consumer products and services as well as healthcare counters dragged Bursa Malaysia to end lower yesterday after three consecutive days of gains, Read more >>

Tuesday, April 27, 2021

FBM KLCI - breaking out from short term sidways range


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closing 0.94% higher to end at the day’s high, driven by persistent buying support in selected consumer products and healthcare counters as renewed interest in rubber glove counters lent support to the FBMKLCI, Read more >>

Monday, April 26, 2021

FBM KLCI - likely to move sideways range-bound with an upward bias



Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI closing modestly higher, driven by steady gains in heavyweights led by rubber glove and industrial products counters as the broader market breadth also turned positive as market interest is mainly in the low liners and ACE Market-listed counters, Read more >>

Friday, April 23, 2021

FBM KLCI - higher on rally in index-linked glove stocks


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI recovering its prior day’s losses to close above the 1,600 level on a rally led by the healthcare sector, mainly glove counters, tracking recovery in the U.S and regional markets. Read more >>

Thursday, April 22, 2021

FBM KLCI - closed lower below 1,600 amid Covid-19 concerns


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed below the 1,600 level due to persistent worries over the resurgence of Covid-19 and weaker oil prices amid mounting concerns that any fresh wave of infections will derail the economic recovery. Read more >>

Wednesday, April 21, 2021

FBM KLCI - ended at intraday high bucking regional trend


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closed up at the day's high despite market sentiments remaining jittery against the backdrop of mixed regional markets after Wall Street retreated overnight. Read more >>

Tuesday, April 20, 2021

FBM KLCI - lower on profit-taking on concerns over high Covid-19 cases


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI bucked the regional uptrend to close lower amid profit-taking after the key index recorded three days of gains last week, as the daily number of new Covid-19 cases stayed above 2,000 for the fifth consecutive day since last Thursday. Read more >>

Monday, April 19, 2021

FBM KLCI - likely to move sideways range-bound amid cautious sentiment



Stocks on Bursa Malaysia ended marginally higher on Friday with the benchmark FBMKLCI rebounding on last-minute buying in tandem with the recovery in the broader market, mirroring the uptrend in regional bourses, lifted mainly by persistent buying support for glove makers and other selected heavyweights. Read more >>

Friday, April 16, 2021

FBM KLCI - higher lifted by glove stocks and Press Metal


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed higher on persistent buying momentum in index-linked counters, led by Press Metal and rubber glove stocks, despite a weaker broader market. Read more >>

Thursday, April 15, 2021

FBM KLCI - higher on last minute rebound


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI snapping its two-day losing streak to close higher, rebounding on last-minute buying in rubber glove counters and selected index-linked heavyweights. Read more >>

Wednesday, April 14, 2021

FBM KLCI - closed below 1,600 bucking regional trend amid high daily new Covid-19 cases


Stocks on Bursa Malaysia bucked the trend in major regional markets to close lower yesterday with the benchmark FBMKLCI settling below the 1,600 psychological level, dampened by continued selling by foreign investors amid weak market sentiment in light of the high daily new Covid-19 cases in the country, Read more >>

Tuesday, April 13, 2021

FBM KLCI - snapped three-day winning streaks on profit-taking in telcos


Stocks on Bursa Malaysia ended lower day with the benchmark FBMKLCI snapped its three-day winning streak to close lower, dampened by selling in heavyweight stocks, led by the telecommunications sector. Read more >>

Monday, April 12, 2021

FBM KLCI - likely to move higher amid stronger equities performance



Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI closed higher, extending gains for the third consecutive day, bucking the regional trend, on continued buying support in the telecommunications and media sectors following the Celcom-Digi merger news on Thursday. Read more >>

Friday, April 9, 2021

FBM KLCI - higher on gains in glove stocks


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed slightly higher for the second day running on persistent buying support in heavyweights, led by gains in rubber glove counters and amid expectations of improved corporate earnings. Read more >>

Thursday, April 8, 2021

FBM KLCI - closed above 1,600 on strong technical rebound amid last minute push


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed at the day’s high above the 1,600 level on the back of a massive push in the final hour of trade, after two days of losses on bargain hunting in heavyweights, Read more >>

Wednesday, April 7, 2021

FBM KLCI - lower dragged by plantation stocks


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed in the red, continuing Monday’s losses on selling pressure in heavyweight stocks, in line with the lower close in some Asian markets despite the overnight rally on Wall Street. Read more >>

Tuesday, April 6, 2021

FBM KLCI - bucked regional trend to end lower amid selling pressure in glove stocks


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closed marginally lower, bucking the regional market trend, weighed down by profit-taking in selected heavyweights led by financial services and healthcare sectors, due mainly to selling pressure in rubber glove heavyweights. Read more >>

Monday, April 5, 2021

FBM KLCI - likely to move sideways range-bound




Stocks on Bursa Malaysia ended last Friday higher with the benchmark FBMKLCI closed marginally higher on bargain hunting in heavyweights, technology and small-cap stocks, in line with better performance in regional markets following the overnight rally on Wall Street. Read more >>

Friday, April 2, 2021

FBM KLCI - higher on bargain-hunting amid oversold technical rebound


Stocks on Bursa Malaysia ended its first day trading in the second quarter broadly higher yesterday after recording a steep sell-off on the last trading day of the first quarter on Wednesday, and the benchmark FBMKLCI registered a gain of 0.58% supported by bargain hunting activities Read more >>

Thursday, April 1, 2021

FBM KLCI - plunged sharply lower as US bond yield surge dents sentiment


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI declined sharply lower, weighed mainly by glove stocks as well as weak sentiment in the local market, as world shares took cue from the US government bond yield surge and a strengthening US dollar, Read more >>