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Wednesday, May 12, 2021

FBM KLCI - lower for the second consecutive day as sentiment weighed by MCO 3.0


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed lower for the second consecutive day as the nationwide expansion of the movement control order (MCO) to stem climbing Covid-19 infections weighed on market sentiment, Read more >>

Tuesday, May 11, 2021

FBM KLCI - lower on weak sentiment as Covid-19 cases surge


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI snapped a two-day winning streak as market sentiment turned weak on heightened concern over the Covid-19 situation in the country, Read more >>

Monday, May 10, 2021

FBM KLCI - likely to continue moving sideways range-bound on lack of catalyst



Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished higher for the second consecutive day, rising 0.58 per cent, lifted by bargain-hunting as continuous buying support in selected healthcare, industrial products and services counters pushed the index higher on a positive note. Read more >>

Friday, May 7, 2021

FBM KLCI - snapped four-day losing streaks to close at intraday high on oversold rebound


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished at its intra-day high, rising 0.17 per cent, lifted by bargain-hunting as investors’ optimism was uplifted by Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR). Read more >>

Thursday, May 6, 2021

FBM KLCI - lower on selling pressure as KL and JB also hit by MCO 3.0


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing lower for the fourth consecutive session as most of the index-linked component stocks succumbed to selling pressure amid news of the reimplementation of the Movement Control Order or MCO 3.0 Read more >>

Wednesday, May 5, 2021

FBM KLCI - lower for for the third consecutive sessions as investors weigh MCO re-enforcement


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI reversed its earlier gains and settled lower partly on profit taking in rubber glove manufacturers' shares and as investors weighed the rising number of Malaysia’s new Covid-19 cases, which compelled the government to re-enforce the movement control order (MCO) across six districts in Selangor to curb the outbreak. Read more >>

Tuesday, May 4, 2021

FBM KLCI - closed below 1,600 on potential lockdown fears


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed below the 1,600 level as persistent profit-taking seen in almost all heavyweight counters, led by Top Glove, IHH and Hartalega, amid worries of another possible lockdown due to rising cases of Covid-19. Read more >>