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Tuesday, December 31, 2019

FBM KLCI - higher on year-end window-dressing as ringgit strengthens

Stocks on Bursa Malaysia bucked most of its regional peers to close higher on the second last trading days of 2019, propelled by further year-end window dressing amidst price hikes in both crude palm oil and crude oil. Read more >>

Monday, December 30, 2019

FBM KLCI - like to stay range-bound with an upward bias




Stocks on Bursa Malaysia ended higher Friday with the benchmark index closing 0.44% higher after a surge in the final trading hour, partly helped by share price gains in plantation firms and as fund managers' window-dressing activities Read more >>

Friday, December 27, 2019

FBM KLCI - lower on consolidation as small caps rise

Stocks on Bursa Malaysia ended mixed, with the key index remaining weaker at the close weighed down by selected heavyweights, as investors appeared to favour small market capitalisation stocks (small cap) over big caps. Read more >>

Thursday, December 26, 2019

FBM KLCI - lower on profit taking as window dressing slows

Stocks on Bursa Malaysia ended broadly lower on Tuesday on active selling activities in selected heavyweights led by TNB and Public Bank, Read more >>

Tuesday, December 24, 2019

FBM KLCI - higher on window-dressing activities

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closing higher as losses earlier in the day presented opportunities for bargain-hunting, buoyed mainly by foreign buying of stocks amidst year-end window dressing. Read more >>

Monday, December 23, 2019

FBM KLCI - likely to trend higher towards 1,625




Stocks on Bursa Malaysia ended Friday on a high note with the benchmark index closing at the intraday high as window dressing resumed on selected heavyweights led by energy stocks. Read more >>

Friday, December 20, 2019

FBM KLCI - lower on profit taking after Trump impeachment

Stocks on Bursa Malaysia closed lower yesterday with the benchmark index ended lower on continued profit-taking in most index-linked counters amid fears of a more uncertain outlook following the impeachment of US President Donald Trump Read more >>

Thursday, December 19, 2019

FBM KLCI - higher on last minute boost by banking counters

Stocks on Bursa Malaysia closed higher yesterday with the benchmark index closing at its intraday high as financial counters jumped at the eleventh hour, pushing the index to close at its highest so far this week, Read more >>

Wednesday, December 18, 2019

FBM KLCI - higher as Bandar Malaysia revival lifted sentiment

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark index closing at its intraday high, riding a wave of optimism on the revival of the Bandar Malaysia project Read more >>

Tuesday, December 17, 2019

FBM KLCI - lower on trust deficit on US-China trade deal

Stocks on Bursa Malaysia closed lower yesterday with the benchmark index ending a three-day streak of gains, due to a trust deficit surrounding the United States (US)-China trade talks Read more >>

Monday, December 16, 2019

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




Stocks on Bursa Malaysia ended higher for the third straight day on Friday, in line with regional markets, underpinned by fresh hopes for progress after news that the US has agreed in principle to the terms of a phase one trade deal with China Read more >>

Friday, December 13, 2019

FBM KLCI - higher for 2nd day after US Fed maintains interest rates

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI rising for the second consecutive day as persistent buying in index-linked counters propelled Bursa Malaysia to end higher, Read more >>

Thursday, December 12, 2019

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI returning to positive territory after recording two straight days of losses, Read more >>

Wednesday, December 11, 2019

FBM KLCI - lower ahead of US tariff deadline on Chinese imports

Stocks on Bursa Malaysia closed lower yesterday weighed down by uncertainty ahead of the Dec 15 deadline for fresh US tariffs on US$156 billion (US$1=RM4.15) of Chinese imports. Read more >>

Tuesday, December 10, 2019

FBM KLCI - lower on subdued sentiment

Stocks on Bursa Malaysia ended lower yesterday on subdued sentiments as weak export data from China, the country’s biggest trading partner, signalled weakness for the broader Asian economy, Read more >>

Monday, December 9, 2019

FBM KLCI - likely to stay sideways range-bound




Stocks on Bursa Malaysia ended last Friday higher, in line with most of the regional markets as optimism on the US-China trade deal outlook brought more buying activities into the market. Read more >>

Friday, December 6, 2019

FBM KLCI - slightly higher supported by plantation stocks

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed slightly higher in line with most of the regional markets as mild profit taking emerged in consumer product counters, Read more >>

Thursday, December 5, 2019

FBM KLCI - rebounded strongly to close slightly lower after initial losses

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI rebounded to close slightly lower, in line with most of the regional markets, Read more >>

Wednesday, December 4, 2019

FBM KLCI - lower on on foreign selling, new trade war concerns

Stocks on Bursa Malaysia retreated from Monday’s gains to close lower yesterday, due to persistent profit-taking in consumer products counters, and in line with most regional peers. Read more >>

Tuesday, December 3, 2019

FBM KLCI - higher on oversold rebound

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI closing at the intraday high on positive sentiment on the local and global market, Read more >>

Monday, December 2, 2019

FBM KLCI - likely to stay range-bound with a downward bias on cautious note




Stocks on Bursa Malaysia closed lower on Friday yesterday with the benchmark FBMKLCI closing sharply lower amid heavy selling activities particularly in telecommunication, utilities and technology stocks and as Read more >>

Friday, November 29, 2019

FBM KLCI - lower as oil price fall dents sentiment

Stocks on Bursa Malaysia closed lower yesterday amid broad selling activities and in line with the regional markets on fears that the United States’ support for Hong Kong pro-democracy protesters would thwart its trade deal with China. Read more >>

Thursday, November 28, 2019

FBM KLCI - rebounded to close higher

Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI closing higher, boosted by buying momentum in selected heavyweights after recovering from heavy selling Read more >>

Wednesday, November 27, 2019

FBM KLCI - lower on continued selling pressure

Stocks on Bursa Malaysia ended broadly lower today on lack of catalysts and in line with most regional markets, as factors including lower crude palm oil (CPO) prices weighed on local share market sentiment. Read more >>

Tuesday, November 26, 2019

FBM KLCI - lower amid lack of catalysts

Stocks on Bursa Malaysia closed lower on Monday amid lack of catalysts, while Bursa Malaysia indices for oil and gas shares and small market capitalisation (small cap) stocks fell by larger quantum, Read more >>

Monday, November 25, 2019

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




Stocks on Bursa Malaysia rebounded from Thursday’s losses to end higher Friday, on buying support in selected heavyweights, led by Petronas-related counters Read more >>

Friday, November 22, 2019

FBM KLCI - lower on heavyweight sell-off

Stocks on Bursa Malaysia closed lower yesterday on continuous sell-off in heavyweights due to weak external developments and as a fresh US-China row on Hong Kong threatened to delay a much-anticipated US-China trade deal. Read more >>

Thursday, November 21, 2019

FBM KLCI - corrected on US-China trade uncertainty

Stocks on Bursa Malaysia closed mixed yesterday, as weak market sentiment on the back of bleak prospects for a US-China trade deal has dragged the Bursa Malaysia to close lower yesterday, Read more >>

Wednesday, November 20, 2019

FBM KLCI - marginally higher, bucking regional trend

Stocks on Bursa Malaysia closed mixed yesterday, with the benchmark FBMKLCI closing at its intraday high yesterday on last-minute buying in heavyweight, bucking the mixed regional performance Read more >>

Tuesday, November 19, 2019

FBM KLCI - rises on last minute spike on selected blue-chips

Stocks on Bursa Malaysia rebounded from choppy trading earlier, with the benchmark FBMKLCI closing at its intraday high yesterday on a last minute spike, Read more >>

Monday, November 18, 2019

FBM KLCI - likely to move sideways range-bound with a downward bias




Stocks on Bursa Malaysia ended Friday on a mixed note after Bank Negara reported a better-than-expected 4.4% economic growth in the third quarter (Q3) -- a touch higher than the market expectation of 4.2%, and as Read more >>