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Wednesday, November 6, 2024
FBM KLCI - reversed early losses to end higher at intraday high
Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI recouped earlier losses to close higher as late buying lifted the benchmark index to its intraday high for the second day running on market expectations that Bank Negara Malaysia’s monetary policy committee (MPC) will maintain the overnight policy rate (OPR) at its meeting today. Read more >>
Tuesday, November 5, 2024
FBM KLCI - higher lifted by plantation, construction stocks in sync with regional peers
Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed at its intraday high, driven by bargain-hunting in heavyweights with a focus on plantation and construction stocks. Read more >>
Monday, November 4, 2024
FBM KLCI - likely to stay in range-bound consolidation
Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI rebounded to close higher as a rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high, surpassed RM4,900 per tonne, lifted the barometer index above the key psychological support level of 1,600. Read more >>
Friday, November 1, 2024
FBM KLCI - likely to slide lower on weak sentiment
Stocks on Bursa Malaysia ended lower Wednesday with the benchmark FBMKLCI mirrored regional jitters to end lower as the U.S. election nears with polls indicating a closely contested race. Read more >>
Wednesday, October 30, 2024
FBM KLCI - snapped 6-day losing streak on bargain hunting
Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI snapped six days of losses to finish higher on bargain hunting, Read more >>
Tuesday, October 29, 2024
FBM KLCI - lower for the sixth session amid caution ahead of US election
Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI extended its losing streak for the sixth consecutive day as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook, and the crisis in the Middle East. Read more >>
Monday, October 28, 2024
FBM KLCI - Likely to stay in consolidation with a downward bias
Stocks on Bursa Malaysia ended lower across the board on Friday with the benchmark FBMKLCI extended its losing streak for the fifth consecutive day as investors remained cautious and refrained from making significant market moves. Read more >>
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