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Friday, August 30, 2024

FBM KLCI - snapped 3-day winning streak on profit-taking


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI snapped a three-day winning streak to end in the red, as investors took profit amid the negative performance of most regional peers. Read more >>

Thursday, August 29, 2024

FBM KLCI - closed near 45-month high on strong buying in financial stocks


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI extended its rally to close at a fresh 45-month high, fuelled by a surge in sentiment within the financial sector, underpinned by the robust quarterly earnings reports from key players.  Read more >>

Wednesday, August 28, 2024

FBM KLCI - ended at fresh 44-month high on positive sentiment


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished higher at a fresh 44-month high, buoyed by robust sentiment amid strong earnings by the financial services sector. Read more >>

Tuesday, August 27, 2024

FBM KLCI - higher in sync with regional peers and Fed remarks


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished on a firm note in tandem with most regional peers, buoyed by the US Federal Reserve’s (Fed) remarks on Friday which indicated a lean towards a more accommodative monetary policy. Read more >>

Monday, August 26, 2024

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



Stocks on Bursa Malaysia ended lower across the board on Friday with the benchmark FBMKLCI finished the week on a lower note in cautious trading amid a lack of buying catalysts. Read more >>

Friday, August 23, 2024

FBM KLCI - rebounded on optimistic sentiment over corporate earnings


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI bounced back to finish higher after two consecutive days of losses on bargain hunting as investors are upbeat over the ongoing corporate earnings season and positive performance on Wall Street overnight. Read more >>

Thursday, August 22, 2024

FBM KLCI - slipped on profit-taking, tracking regional peers


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the second day as profit-taking persisted following the recent strong rally, with key regional indices also trending downwards, influenced by negative cues from Wall Street overnight. Read more >>

Wednesday, August 21, 2024

FBM KLCI - snapped 7-day winning streak on profit-taking


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI snapped a seven-day winning streak to end lower due to profit-taking in utilities, energy, and technology stocks. Read more >>

Tuesday, August 20, 2024

FBM KLCI - soars 1.53% to highest level in 44 months


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished 1.53% higher at a 44-month high, driven by positive sentiment bolstered by robust local economic data. Read more >>

Monday, August 19, 2024

FBM KLCI - likely to move sideways with an upward bias



Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI closed the week on a positive note on encouraging economic data in Malaysia and from the U.S. as the local market was driven by strong buying in energy, healthcare, and industrial products sectors. Read more >>

Friday, August 16, 2024

FBM KLCI - ended slightly higher amid heavy profit-taking in property stocks


Stocks on Bursa Malaysia ended lower yesterday while the benchmark FBMKLCI recouped earlier losses to end flat, remaining in consolidation mode due to cautious trading ahead of the earnings season, with profit-taking in property stocks following their recent rally. Read more >>

Thursday, August 15, 2024

FBM KLCI - edges higher in cautious mode


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished marginally higher, in line with the positive performance across the region. Read more >>

Wednesday, August 14, 2024

FBM KLCI - slightly higher in listless trading


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI stayed in the negative territory for most of the day in listless trading but eked out slight gains at the closing, in line with the regional market trend. Read more >>

Tuesday, August 13, 2024

FBM KLCI - ended higher above key 1,600 level


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI continued its uptrend momentum to close above the psychological 1,600 level, amid the improving global market sentiment. Read more >>

Monday, August 12, 2024

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



Stocks on Bursa Malaysia ended higher across the board on Friday with the benchmark FBMKLCI ended the rollercoaster week on a firmer footing, rising 0.35%, driven by continued bargain hunting in tandem with the mostly positive regional market performance. Read more >>

Friday, August 9, 2024

FBM KLCI - snapped two-day rally to end slightly lower amid mixed regional performance


Stocks on Bursa Malaysia ended lower on profit-taking yesterday with the benchmark FBMKLCI snapped two consecutive days of gains to end lower as investors grapple with policy uncertainties over the interest rate cuts by the U.S. Federal Reserve (Fed) and the Bank of Japan (BoJ).  Read more >>

Thursday, August 8, 2024

FBM KLCI - higher for the second day on recovery rebound


Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI finished higher for the second consecutive day, driven by a wave of investor optimism following the US Federal Reserve’s (Fed) reassuring remarks to prevent an economic downturn. Read more >>

Wednesday, August 7, 2024

FBM KLCI - higher on oversold rebound in sync with regional peers


Stocks on Bursa Malaysia ended higher across the board yesterday on oversold rebound with the benchmark FBMKLCI finished higher amid a swift comeback, driven by bargain-hunting amid a recovery in most regional peers after facing a global stock-market rout on Monday. Read more >>

Tuesday, August 6, 2024

FBM KLCI - tumbled 4.63% amid bloodbath across regional peers


Stocks on Bursa Malaysia ended lower across the board yesterday on broad-based selling with the benchmark FBMKLCI finished significantly lower amid a bloodbath across regional stock markets, led by technology stocks, primarily due to fears of a recession in the US. Read more >>

Monday, August 5, 2024

FBM KLCI - likely to extend consolidation mode with a downward bias




Stocks on Bursa Malaysia ended lower across the board due to broad-based selling on Friday with the benchmark FBMKLCI finished lower, in tandem with the slump in regional bourses. Read more >>

Friday, August 2, 2024

FBM KLCI - ended lower in sync with regional markets


Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI finished lower after a lack-lustre trading session in tandem with downbeat performance in regional markets. Read more >>

Thursday, August 1, 2024

FBM KLCI - bounced back on positive sentiment across the region


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI bounced back from Tuesday’s losses to end higher in sync with the upbeat performance in the regional markets. Read more >>