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Friday, February 22, 2019

FBM KLCI - higher with signs of overbought

Stocks on Bursa Malaysia erased earlier losses to close higher yesterday, as bargain hunters triumphed over profit takers, against the backdrop of steady regional markets. Read more >>

Thursday, February 21, 2019

FBM KLCI - closing higher for two consecutive sessions with signs of overbought

Stocks on Bursa Malaysia ended yesterday higher as stronger buying demand in heavyweights helped lift the benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) following gains on Wall Street overnight and Read more >>

Wednesday, February 20, 2019

FBM KLCI - turning bullish after breaking inverse Head-and-Shoulder pattern neckline

Stocks on Bursa Malaysia ended yesterday higher on better market sentiment prompted by growing optimism over US-China trade talks and on what appeared to foreign investor demand for Malaysian stocks. Read more >>

Tuesday, February 19, 2019

FBM KLCI - rebounded in tandem with regional peers on US-China trade talk optimism

Stocks on Bursa Malaysia ended yesterday higher, in line with regional stocks, as market sentiment was lifted by hopes that trade talks between China and the United States could reach an agreement Read more >>

Monday, February 18, 2019

FBM KLCI - likely to move sideways range-bound

Stocks on Bursa Malaysia closed almost flat on Friday in line with regional markets as investors awaited fresh developments in the US-China trade negotiations, while Read more >>

Friday, February 15, 2019

FBM KLCI - rebounded to close higher on better earnings optimism

Stocks on Bursa Malaysia closed stronger yesterday, backed by optimism that 2018 fourth quarter corporate earnings results will be better after Malaysia recorded a GDP growth of 4.7% for the fourth quarter of 2018 Read more >>

Thursday, February 14, 2019

FBM KLCI - slightly lower amid range-bound consolidation

Stocks on Bursa Malaysia closed lower yesterday, in cautious trading, ahead of the release of the country’s 2018 and fourth quarter GDP data by Bank Negara Malaysia on Thursday, and Read more >>