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Friday, June 28, 2024

FBM KLCI - lower in tandem with most regional markets


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed lower after notching modest gains Wednesday, dragged by the weakness in selected oil and gas heavyweights, Read more >>

Thursday, June 27, 2024

FBM KLCI - snapped 7-day losing streak on bargain-hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped seven consecutive days of losses to end higher as bargain-hunting emerged following the recent sell-off as utilities and healthcare stocks led the rebound, Read more >>

Wednesday, June 26, 2024

FBM KLCI - down for the seventh consecutive session amid lack of catalysts


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed lower for the seventh consecutive trading sessions due to a lack of catalysts, diverging from the regional trend where markets ended mostly higher, as investor sentiment remained cautious. Read more >>

Tuesday, June 25, 2024

FBM KLCI - down for the sixth consecutive session on continued profit-taking


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed lower for the sixth consecutive day in a tight trading range as investors continued to take profit and were reluctant to make significant moves following the technology sell-off on Wall Street last Friday. Read more >>

Monday, June 24, 2024

FBM KLCI - likely to stay in consolidation with a downward bias amid lack of fresh catalysts



Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI closed lower for the fifth consecutive day, reversing its earlier gains due to late selling. Read more >>

Friday, June 21, 2024

FBM KLCI - closed lower for fourth consecutive day on profit-taking


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed lower for the fourth consecutive day, primarily due to profit-taking activities in the construction, telecommunications, utilities and energy sectors. Read more >>

Thursday, June 20, 2024

FBM KLCI - ended below 1,600 on profit-taking across the board


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closing below the psychological support level of 1,600 as investors took profits while adopting a wait-and-see approach amid a consolidation phase. Read more >>

Wednesday, June 19, 2024

FBM KLCI - reversed earlier gains to end at intraday low


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI reversed earlier gains to close at the intraday low, weighed down by late selling in selected blue chips, mainly the utilities and banking stocks. Read more >>

Tuesday, June 18, 2024

FBM KLCI - likely to move sideways range-bound



Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished the day on a softer note, reflecting the mixed sentiment in regional bourses as the rally sparked by signs of cooling US inflation waned and as investors took profits ahead of the long weekend. Read more >>

Friday, June 14, 2024

FBM KLCI - pared earlier gains to end marginally higher


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI pared its earlier gains to finish marginally higher at the close, snapping its three days losing streak, but market breadth remained strong with a mix of profit-taking and bargain-hunting activities. Read more >>

Thursday, June 13, 2024

FBM KLCI - slipped on cautious sentiment ahead of Fed meeting


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished marginally lower for the third straight day on cautious sentiment ahead of the US Federal Reserve’s (Fed) decision on interest rates and inflation data due later of the day. Read more >>

Wednesday, June 12, 2024

FBM KLCI - down for the second day amid profit taking on heavyweights


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI pared its earlier losses to finished slightly lower on substantial gains in Press Metal and Telekom Malaysia amid the selling pressure in heavyweight stocks, Read more >>

Tuesday, June 11, 2024

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


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished in negative territory as investors shifted focus on small-cap stocks. Read more >>

Friday, June 7, 2024

FBM KLCI - rebounded to close higher on bargain hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI rebounded to close higher on bargain hunting for stocks currently priced lower than usual after Wednesday’s profit-taking. Read more >>

Thursday, June 6, 2024

FBM KLCI - closed lower on profit-taking amid mixed regional performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI giving up its earlier gains to finish lower but the key index remained above the 1,600 psychological level. Read more >>

Wednesday, June 5, 2024

FBM KLCI - rebounded to snap six days losing streak on bargain hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI bouncing over one per cent to finish higher as bargain hunting activities emerged following last week’s selloff. Read more >>

Tuesday, June 4, 2024

FBM KLCI - likely to move sideways range-bound with a downward bias





Stocks on Bursa Malaysia ended broadly lower Friday with the benchmark FBMKLCI finished lower after notching a small gain in early trade as investors took profit ahead of the long weekend. Read more >>