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Friday, February 26, 2021

FBM KLCI - higher on technical rebound after being oversold


Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI breached the resistance level of 1,580 at the close as investors regained confidence following the official start of the National Covid-19 Immunisation Programme on Wednesday Read more >>

Thursday, February 25, 2021

FBM KLCI - lower for the third consecutive day and extremely oversold


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed at its intraday low for the third consecutive day, as selling in glove heavyweights intensified in conjunction with the implementation of the National Covid-19 Immunisation Programme Read more >>

Wednesday, February 24, 2021

FBM KLCI - lower dragged by selling in glove stocks


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI reversed earlier gains to finish at the day’s low for a second consecutive day, weighed down by persistent selling in rubber glove heavyweights amid recovery plays following the arrival of the Covid-19 vaccine, Read more >>

Tuesday, February 23, 2021

FBM KLCI - down on selling pressure amid regional decline


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed on an intraday low, dragged by glove counters and in line with a regional decline that was induced by a sudden increase in the US 10-year Treasury yields. Read more >>

Monday, February 22, 2021

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



Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI closed on a positive note, propelled by buying in telecommunication (telco) and technology counters, amid mixed performance in regional markets. Read more >>

Friday, February 19, 2021

FBM KLCI - lower in tandem with regional markets


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI gave up early gains to close 1.22 per cent lower, mirroring the fall in most regional bourses. Read more >>

Thursday, February 18, 2021

FBM KLCI - lower in line with weak regional peers


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing below the 1,600-point psychological threshold, in tandem with most regional peers. Read more >>