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

Stocks on Bursa Malaysia ended mixed on last Friday with the benchmark FBMKLCI rebounded to close marginally higher for the fourth consecutive day last week, lifted by last-minute buying in index-linked banking counters as investors weighed corporate financial results during the ongoing reporting season Read more >>

FBM KLCI - closed higher at intraday high for the third consecutive session

Stocks on Bursa Malaysia ended higher on Thursday with the benchmark FBMKLCI closed higher for the third consecutive sessions above the resistance of 1,590 at its intra-day high, Read more >>

FBM KLCI - closed at intraday high on follow through rebound

Stocks on Bursa Malaysia ended higher on Tuesday with the benchmark FBMKLCI closing higher for a second consecutive session after an oversold rebound on Monday to close at its intraday high as investor bargain-hunt for oversold index-linked stocks Read more >>

FBM KLCI - higher on relief rebound after news government won’t impose total lockdown for MCO 3.0

Stocks on Bursa Malaysia staged a relief rally to end broadly higher yesterday with the benchmark FBMKLCI staging an oversold rebound, breaking a three-day losing streak, as traders heaved a sigh of relief after learning that no total lockdown would be implemented under the Movement Control Order 3.0 (MCO 3.0), Read more >>

FBM KLCI - likely to move sideways range-bound with high volatility

Stocks on Bursa Malaysia ended broadly lower last Friday with the benchmark FBMKLCI extended its losses for the third consecutive day as investor sentiment continued to be affected by the high number of Covid-19 infections and deaths reported by the country. Read more >>

FBM KLCI - closed below 200-day MA on full lockdown fears

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI extended its losses for a second consecutive day as sentiments remained fragile amid news that the Government was mulling over a full lockdown to tackle the rising cases of Covid-19. Read more >>

FBM KLCI - snapped three-day winning streaks as sentiment hit by rising Covid-19 cases

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI closed lower, snapping three consecutive days of gains, as most component stocks succumbed to selling pressure amid rising Covid-19 cases in the country with 6,075 new cases yesterday, and talks of a stricter lockdown in Selangor as a measure to contain further infections had dampened market sentiment further. Read more >>

FBM KLCI - ended at intraday high on bargain-hunting

Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI rose to close at the day’s high following late bargain hunting in selected heavyweight counters and in line with the regional uptrend.  Read more >>

FBM KLCI - marginally higher but broader market slump

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI gave up early gains to close marginally higher after the extended Hari Raya Aidilfitri weekend as market sentiment turned cautious. Read more >>

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

Stocks on Bursa Malaysia ended broadly higher on last Wednesday with the benchmark FBMKLCI closed the half-day trading day modestly higher despite minor volatility, lifted by buying interest in glove and banking stocks, Read more >>

FBM KLCI - lower for the second consecutive day as sentiment weighed by MCO 3.0

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed lower for the second consecutive day as the nationwide expansion of the movement control order (MCO) to stem climbing Covid-19 infections weighed on market sentiment, Read more >>

FBM KLCI - lower on weak sentiment as Covid-19 cases surge

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI snapped a two-day winning streak as market sentiment turned weak on heightened concern over the Covid-19 situation in the country, Read more >>

FBM KLCI - likely to continue moving sideways range-bound on lack of catalyst

Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished higher for the second consecutive day, rising 0.58 per cent, lifted by bargain-hunting as continuous buying support in selected healthcare, industrial products and services counters pushed the index higher on a positive note. Read more >>

FBM KLCI - snapped four-day losing streaks to close at intraday high on oversold rebound

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished at its intra-day high, rising 0.17 per cent, lifted by bargain-hunting as investors’ optimism was uplifted by Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR). Read more >>

FBM KLCI - lower on selling pressure as KL and JB also hit by MCO 3.0

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing lower for the fourth consecutive session as most of the index-linked component stocks succumbed to selling pressure amid news of the reimplementation of the Movement Control Order or MCO 3.0 Read more >>

FBM KLCI - lower for for the third consecutive sessions as investors weigh MCO re-enforcement

Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI reversed its earlier gains and settled lower partly on profit taking in rubber glove manufacturers' shares and as investors weighed the rising number of Malaysia’s new Covid-19 cases, which compelled the government to re-enforce the movement control order (MCO) across six districts in Selangor to curb the outbreak. Read more >>

FBM KLCI - closed below 1,600 on potential lockdown fears

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed below the 1,600 level as persistent profit-taking seen in almost all heavyweight counters, led by Top Glove, IHH and Hartalega, amid worries of another possible lockdown due to rising cases of Covid-19. Read more >>

FBM KLCI - likely to continue moving sideways range-bound

Stocks on Bursa Malaysia ended lower on last Friday, the last trading day of April 21, with the benchmark FBMKLCI closed lower to stay just above the 1,600 level as persistence selling in selected industrial products and services as well as plantation counters pushed the key index to end the week lower, Read more >>