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Friday, December 29, 2023

FBM KLCI - higher for second consecutive day on bargain hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed higher for the second consecutive day as bargain-hunting activities emerged following the recent sell-off. Read more >>

Thursday, December 28, 2023

FBM KLCI - snapped 4-day losing streak to end higher on bargain hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped a four-day losing streak to end higher, spurred by bargain hunting with signs of mild window dressing activities while tracking the upbeat mood across regional markets. Read more >>

Wednesday, December 27, 2023

FBM KLCI - down for the fourth day amid quiet post-holiday market


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the fourth consecutive day amid muted trading as investors continued to stay on the sidelines due to the holiday-shortened week, Read more >>

Tuesday, December 26, 2023

FBM KLCI - likely to stage a rebound on year-end window dressing



Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished lower for the third consecutive day in a relatively quiet market ahead of the long Christmas holiday weekend, with selling primarily observed in banking, gaming, and plantation stocks. Read more >>

Friday, December 22, 2023

FBM KLCI - lower on profit-taking amid mixed regional indices


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower on persistent selling pressure mainly in the financial services sector amid a mixed regional market performance. Read more >>

Thursday, December 21, 2023

FBM KLCI - snaps 7-day winning streak to end slightly lower


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI ceded earlier gains to finish in the negative territory due to profit-taking activities in the late afternoon, ending its seven-day winning streak. Read more >>

Wednesday, December 20, 2023

FBM KLCI - higher for the seventh consecutive session amid mixed market sentiment


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished marginally higher, extending its winning streak for the seventh day. Read more >>

Tuesday, December 19, 2023

FBM KLCI - higher for the sixth consecutive day amid profit-taking in regional indices


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher for the sixth consecutive day, with buying focused mainly on energy, banks, and commodity-related stocks. Read more >>

Monday, December 18, 2023

FBM KLCI - likely to rise higher on improved sentiment and global optimism



Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished higher for the fifth consecutive day, boosted by buying across the board amid improving global confidence Read more >>

Friday, December 15, 2023

FBM KLCI - ended higher for the fourth day at intra-day high, tracking regional peers


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished on a positive note at the intraday high after taking signals from key regional indices, which were generally in the green following a positive cue from Wall Street overnight as the Federal Open Market Committee (FOMC) kept its interest rate steady. Read more >>

Thursday, December 14, 2023

FBM KLCI - higher for the third day on follow through rebound


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI reversed its earlier losses to finish in the positive territory due to late buying after experiencing choppy trading throughout the day. Read more >>

Wednesday, December 13, 2023

FBM KLCI - ends slightly higher amid Cabinet reshuffle


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished choppy trading with modest gains, driven by late buying in selected plantation and banking heavyweights although cautious trading was seen throughout the day amid the reshuffling of the Cabinet ministers earlier in the morning. Read more >>

Tuesday, December 12, 2023

FBM KLCI - snapped five days losing streak to end higher


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped the five days losing streaks to finish higher on late buying amid the mixed regional market performance. Read more >>

Monday, December 11, 2023

FBM KLCI - likely to remain in consolidation mode until clarity emerges



Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished lower for the fifth consecutive day as soft market sentiment saw the barometer index barely move throughout the day, and as global uncertainties continued to keep investors on the sidelines pending crucial US jobs data slated for release Friday. Read more >>

Friday, December 8, 2023

FBM KLCI - down for the fourth straight day amid a slump in regional indices


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the fourth consecutive day amid choppy trading throughout the day, Read more >>

Thursday, December 7, 2023

FBM KLCI - down for the third straight day amid rebound in regional peers


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third straight day amid a rebound in regional markets. Read more >>

Wednesday, December 6, 2023

FBM KLCI - pared earlier losses to end slightly lower


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI pared earlier losses to finish slightly lower in line with the weak performance in most regional markets as investors assessed a slew of economic data from across the region. Read more >>

Tuesday, December 5, 2023

FBM KLCI - ended lower in line with regional peers


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower in tandem with the weaker performance in most regional markets as investors were cautiously awaiting a slew of key economic data from several countries. Read more >>

Monday, December 4, 2023

FBM KLCI - likely to be higher on window-dressing activities




Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished higher due to late buying, particularly in telecommunications and banking stocks. Read more >>

Friday, December 1, 2023

FBM KLCI - rebounded to end higher on late buying of selected heavyweights


Stocks on Bursa Malaysia ended lower yesterday while the benchmark FBMKLCI recouped earlier losses to finish higher after a weak opening, thanks to late buying on CelcomDigi, Dialog, Nestle and Public Bank stocks. Read more >>

Thursday, November 30, 2023

FBM KLCI - lower for third straight session amid bearish regional performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third straight session after reversing all its intraday gains, dragged down by selling in telecommunication and banking heavyweights, Read more >>

Wednesday, November 29, 2023

FBM KLCI - pared earlier losses to end marginally lower


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI pared earlier losses to finish marginally lower as investors were reluctant to make significant moves due to lack of buying interests and weak market sentiment. Read more >>

Tuesday, November 28, 2023

FBM KLCI - down on profit-taking in heavyweights amid weak regional performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower dampened by selling in selected heavyweights as well as mid- and small-cap stocks. Read more >>

Monday, November 27, 2023

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



Stocks on Bursa Malaysia ended lower on Friday while the benchmark FBMKLCI was marginally higher, despite subdued trading, due largely to strong buying on Genting Bhd and Genting Malaysia Bhd following their splendid quarterly earnings, Read more >>

Friday, November 24, 2023

FBM KLCI - lower amid mixed regional cues


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended its retreat from Wednesday to close lower, amid mixed global cues and the fall in crude oil prices. Read more >>

Thursday, November 23, 2023

FBM KLCI - lower in line with regional peers after FED's minutes tempered rate cut expectations


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI retreated from Tuesday’s gains to finish marginally lower, dragged by profit-taking activities as the risk-off mode intensified following the release of US Federal Reserve’s minutes, which tempered rate cut expectations. Read more >>

Wednesday, November 22, 2023

FBM KLCI - rebounded to snap three-day losing streak on bargain-hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped the three-day losing streak to end at its intraday high, as bargain hunting activities emerged following the recent sell-off. Read more >>

Tuesday, November 21, 2023

FBM KLCI - down for the third straight day on lack of buying interest


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third consecutive day in the absence of buying interest amid a mixed performance in the regional markets. Read more >>

Monday, November 20, 2023

FBM KLCI - likely to rise higher on improved risk appetite



Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished lower for the second day as worries over economic and financial developments in the United States and China weighed on global sentiment. Read more >>

Friday, November 17, 2023

FBM KLCI - down on profit-taking in line with regional weakness


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI retreated slightly lower on profit-taking after Wednesday’s gains and as China’s property woes weighed on regional sentiment, with investors also cautious ahead of Malaysia’s third quarter results on Friday. Read more >>

Thursday, November 16, 2023

FBM KLCI - closed higher to more than 8-month high


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher for the second consecutive day to more than an eight-month high as investors anticipated the US Federal Reserve (Fed) to be already done with its rate hike cycle after the October data showed inflation has declined, Read more >>

Wednesday, November 15, 2023

FBM KLCI - higher on oversold technical rebound


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher, snapping its four-day losing streak, as domestic sentiment was lifted by earnings optimism while bargain hunters nibbled on heavyweight shares after a recent sell-off. Read more >>

Tuesday, November 14, 2023

FBM KLCI - likely to move sideways range-bound



Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished lower for the fourth consecutive day, in line with regional bourses, mirroring the global market downturn, as the US Federal Reserve (Fed) chairman Jerome Powell expressed doubts about US interest rates’ effectiveness in curbing inflation. Read more >>

Friday, November 10, 2023

FBM KLCI - down for the third straight day on continued profit-taking


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third consecutive day, tracking regional peers’ downbeat performance as market sentiments turned cautious ahead of the United States (US) Federal Reserve’s (Fed) monetary policy decision later of the day. Read more >>

Thursday, November 9, 2023

FBM KLCI - down for the second day on profit-taking in line with regional peers


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished lower as losses in heavyweight counters, led by banking stocks, weighed on the key index amid caution ahead of US Federal Reserve (Fed) chairman Jerome Powell’s speech on the US interest rate outlook later of the day Read more >>

Wednesday, November 8, 2023

FBM KLCI - down marginally on profit-taking in line with regional peers


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI recouped most of its earlier losses to close marginally lower on profit-taking. Read more >>

Tuesday, November 7, 2023

FBM KLCI - closed higher at 8-month high on broad-based buying momentum


Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI finished higher for the third straight day to more than an eight-month high, on broad-based buying momentum riding on the improving market sentiment regionally. Read more >>

Monday, November 6, 2023

FBM KLCI - likely to rise higher on improved sentiment




Stocks on Bursa Malaysia ended broadly higher on Friday with the benchmark FBMKLCI finished higher, reflecting the growing investor confidence after the temporary halt in United States (US) interest rate hike. Read more >>

Friday, November 3, 2023

FBM KLCI - higher on bargain hunting amid positive regional performance


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher as bargain-hunting emerged following Wednesday’s sell-down. Read more >>

Thursday, November 2, 2023

FBM KLCI - down on negative note on flat PMI data


Stocks on Bursa Malaysia ended the first trading day of November on a negative note yesterday with the benchmark FBMKLCI finished lower on the back of sluggish purchasing managing index (PMI) data in October, recording the 14th consecutive month of contraction. Read more >>