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Friday, May 31, 2024

FBM KLCI - marginally lower for the fifth consecutive session with sign of bottoming


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI rose earlier in the day on buying support from local institutions after Google announced plans to invest RM9.4 billion in Malaysia, but finished lower for the fifth consecutive session after recouping some of its earlier losses, Read more >>

Thursday, May 30, 2024

FBM KLCI - down for the fourth straight session amid weak regional sentiment


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the fourth straight session at an intraday low, tracking the mostly downbeat performance of regional peers that were impacted by the hawkish remarks from the US Federal Reserve (Fed) officials that signals a potential higher-for-longer interest rate environment. Read more >>

Wednesday, May 29, 2024

FBM KLCI - lower for the third straight session on lack of fresh catalysts


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI gave up its earlier gains to close lower for the third consecutive session on a lack of catalysts amid the downbeat performance in regional markets. Read more >>

Tuesday, May 28, 2024

FBM KLCI - marginally lower on profit-taking amid range-bound consolidation


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI gave up earlier gains to close marginally lower despite the improvement in regional markets as local investors continued to take profit. Read more >>

Monday, May 27, 2024

FBM KLCI - likely to move sideways belween 1,610 to 1,635



Stocks on Bursa Malaysia ended lower Friday with the benchmark FBMKLCI finished lower as investors engaged in mild profit-taking amid regional market weakness. Read more >>

Friday, May 24, 2024

FBM KLCI - rebounded to end higher on bargain hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI rebounded to close higher as buying activities returned following Tuesday’s profit-taking activities. Read more >>

Thursday, May 23, 2024

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


Stocks on Bursa Malaysia ended lower on Tuesday with the benchmark FBMKLCI snapped its three-day win streak to finish lower after notching a small gain in early trade as profit-taking activities set in ahead of the Wesak Day public holiday on Wednesday. Read more >>

Tuesday, May 21, 2024

FBM KLCI - closed at three-year high as bullish momentum continues


Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI finished higher for the third straight day to break through the 1,620-point resistance level as funds poured in, lifting the key index to its highest since March 2021. Read more >>

Monday, May 20, 2024

FBM KLCI - likely to continue bullish momentum to challenge 1620



Stocks on Bursa Malaysia ended higher across the board on Friday with the benchmark FBMKLCI finished higher for the second day in an upbeat mode as investors cheered the nation’s first-quarter (1Q) gross domestic product (GDP) growth, which beats consensus estimates. Read more >>

Friday, May 17, 2024

FBM KLCI - closed at 2-year high as rate cut hopes boost global sentiment


Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI finished slightly off its intraday high on renewed hopes of a possible two interest rate cuts in the United States (US) this year. Read more >>

Thursday, May 16, 2024

FBM KLCI - down on profit-taking amid mixed regional performance


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished at an intraday low, snapping a two-day winning streak as investors hesitated to make significant moves ahead of the upcoming US economic report. Read more >>

Wednesday, May 15, 2024

FBM KLCI - higher for the second day on active foreign buying


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher for the second day, driven by increased daily trading volume indicating rising interest in Malaysian equities, particularly from foreign buyers, particularly in energy, telecommunications, and plantation stocks. Read more >>

Tuesday, May 14, 2024

FBM KLCI - rebounded to close slightly higher amid range-bound consolidation


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished slightly higher on continuous support on the local front despite a not-so-rosy regional performance following profit-taking observed in certain markets. Read more >>

Monday, May 13, 2024

FBM KLCI - likely to stay move sideways range bound amid consolidation



Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished marginally lower but remained above the key 1,600 level for the fourth consecutive day in consolidation mode following recent gains. Read more >>

Friday, May 10, 2024

FBM KLCI - ended lower on profit-taking but remained above 1600


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally lower but remained above the key 1,600 level, amid mixed cues from the regional markets performance. Read more >>

Thursday, May 9, 2024

FBM KLCI - snapped four-day gains to end marginally lower


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI reversed earlier gains to end marginally lower on profit-taking, weighed by downbeat regional markets performance. Read more >>

Wednesday, May 8, 2024

FBM KLCI - higher for the fourth consecutive day to close above 1,600 key level


Stocks on Bursa Malaysia ended higher buying across the board yesterday with the benchmark FBMKLCI continued its uptrend for the fourth consecutive day to close above the 1,600 psychological level, driven by positive investor sentiment and persistent optimism on the likelihood of a global interest rate cut. Read more >>

Tuesday, May 7, 2024

FBM KLCI - higher for the third straight day amid bullish sentiment


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI extended last week’s gains to close higher for the third consecutive session, with the key index hitting a 52-week high amid an upbeat regional performance. Read more >>

Monday, May 6, 2024

FBM KLCI - likely to continue uptrend to challenge 1,600



Stocks on Bursa Malaysia ended higher Friday with the benchmark FBMKLCI finished on a firmer note, bucking the mixed regional market performance, on persistent buying in utilities and selected technology stocks. Read more >>

Friday, May 3, 2024

FBM KLCI - rebounded to end higher on bargain hunting


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished firmer as bargain-hunting activities emerged following Tuesday’s profit-taking. Read more >>

Thursday, May 2, 2024

FBM KLCI - likely to stay in consolidation with a downward bias



Stocks on Bursa Malaysia ended mixed on Tuesday with the benchmark FBMKLCI bucked the regional trend to close at its intraday low, amid profit-taking after a strong closing yesterday. Read more >>