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Friday, March 31, 2023
FBM KLCI - higher for the third day on improved sentiment
Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher for the third straight day boosted mainly by Petronas Chemicals. Read more >>
Thursday, March 30, 2023
FBM KLCI - higher on bargain hunting amid a boost from an upbeat regional performance
Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher for the second straight day on bargain hunting of oversold blue chips amid a boost from an upbeat regional performance. Read more >>
Wednesday, March 29, 2023
FBM KLCI - higher on oversold rebound to close above 1,400
Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher above 1,400 on improved risk sentiment and bargain hunting in heavyweights led by Press Metal (PMETAL) and Petronas Chemicals (PCHEM). Read more >>
Tuesday, March 28, 2023
FBM KLCI - closed below 1,400 for the second straight day
Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower below the 1,400 level as negative sentiment and risk off mode persist amid the banking sector woes. Read more >>
Monday, March 27, 2023
FBM KLCI - likely to tread cautiously with a downward bias
Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished at the intraday low in line with the regional markets as investors remain wary that the global banking crisis could worsen despite the assurance from US Treasury Secretary Janet Yellen to keep deposits safe at banks. Read more >>
Friday, March 24, 2023
FBM KLCI - pared earlier losses to end marginally lower
Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI pared most of its earlier losses to close marginally lower, weighed by financial services stocks amid the weak market sentiment. Read more >>
Thursday, March 23, 2023
FBM KLCI - higher on improved market sentiment
Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher, in line with regional markets amid improving market sentiment globally and ahead of the US Federal Reserve’s (Fed) decision on its interest rate later of the day. Read more >>
Wednesday, March 22, 2023
FBM KLCI - higher on bargain-hunting in line with regional peers
Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished marginally higher on bargain hunting in selective heavyweights and in line with most regional markets. Read more >>
Tuesday, March 21, 2023
FBM KLCI - lower in line with regional peers on banking crisis fear
Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower in tandem with the heavy sell-down in regional bourses as investors were wary following the sudden burst of turmoil in the global banking sector. Read more >>
Monday, March 20, 2023
FBM KLCI - likely to see cautious trading ahead of U.S. FOMC meeting
Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI rebounded and finished sharply higher, in tandem with the recovery across regional markets and on Wall Street overnight as worries over a global banking crisis receded. Read more >>
Friday, March 17, 2023
FBM KLCI - lower in line with regional peers
Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI retreated from Wednesday’s gains to end lower, in tandem with the weaker regional market performance following a large scale sell-down of global equities overnight. Read more >>
Thursday, March 16, 2023
FBM KLCI - higher on oversold technical rebound
Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI rebounded to close higher, snapping a five-day losing streak, as bargain-hunting activities emerged following the recent sell-down. Read more >>
Wednesday, March 15, 2023
FBM KLCI - closed below 1,400 weighed by US bank crisis
Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI finished lower for the fifth consecutive day following mixed cues on Wall Street overnight as investors dealt with the fallout from failed banks in the United States, including Silicon Valley Bank (SVB). Read more >>
Tuesday, March 14, 2023
FBM KLCI - lower amid global selldown
Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI finished lower amid mixed sentiment in regional bourses following a heavy global sell-down. Read more >>
Monday, March 13, 2023
FBM KLCI - likely to slide lower on weak external factors
Stocks on Bursa Malaysia ended lower Friday with the benchmark FBMKLCI finished at its intraday low in tandem with the heavy sell-down in most regional and global bourses. Read more >>
Friday, March 10, 2023
FBM KLCI - lower on softer note despite OPR status quo
Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished on a softer note despite Bank Negara Malaysia’s decision to retain the overnight policy rate (OPR) as investors remained wary of interest rate hike in the United States and risk of recession on a global scale. Read more >>
Thursday, March 9, 2023
FBM KLCI - lower amid downbeat market tone
Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower amid the downbeat performance in the regional markets in tandem with negative cues from Wall Street overnight following the hawkish pivot by the United States (US) Federal Reserve (Fed). Read more >>
Wednesday, March 8, 2023
FBM KLCI - rebounded to end higher on bargain hunting
Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI rebounded to end higher after the key index recorded two straight days of meagre losses as bargain-hunting activities emerged, amid the upbeat performance in most regional peers. Read more >>
Tuesday, March 7, 2023
FBM KLCI - marginally lower on persistent profit-taking
Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI bucked the regional trend to end slightly lower, dragged down by last minute selling of selected heavyweight stocks. Read more >>
Monday, March 6, 2023
FBM KLCI - likely to move sideways range-bound ahead of BNM OPR decision on Thursday
Stocks on Bursa Malaysia ended mixed on Friday and the benchmark FBMKLCI was stuck in a consolidation mode with investor sentiment staying cautious on lack of buying catalysts domestically, amid concerns over a rate hike by the US Federal Reserve. Read more >>
Friday, March 3, 2023
FBM KLCI - snaps six-day losing streak to end higher on bargain hunting
Stocks on Bursa Malaysia ended mixed yesterday and the benchmark FBMKLCI snapping its six days losing streak to end in positive territory on a boost from bargain-hunting activities. Read more >>
Thursday, March 2, 2023
FBM KLCI - closed at the psychological level of 1,450 after piercing through it
Stocks on Bursa Malaysia ended lower yesterday and the benchmark FBMKLCI finished lower for the six consecutive sessions as buying interest remained tepid with the cautious mood persisting despite improved sentiment across the region. Read more >>
Wednesday, March 1, 2023
FBM KLCI - marginally lower amid tight range movement on lack of catalyst
Stocks on Bursa Malaysia ended the last trading day of February lower yesterday and the benchmark FBMKLCI finished with a paltry loss after the key index swung between gains and losses as investors seemed to trade cautiously ahead of the release of the US and China’s Purchasing Managers' Indices (PMI). Read more >>
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