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Friday, May 31, 2019

FBM KLCI - higher for the third consecutive day on month-end window dressing

Stocks on Bursa Malaysia closed higher for the third consecutive day yesterday boosted by persistent buying in selected blue-chip stocks amid fund managers' month-end window dressing. Read more >>

Thursday, May 30, 2019

FBM KLCI - higher for a second day on better sentiment

Stocks on Bursa Malaysia closed higher for the second consecutive day yesterday, backed by better market sentiment as investors assess decent corporate earnings amid apparent optimism on Read more >>

Wednesday, May 29, 2019

FBM KLCI - higher on technical rebound amid bargain-hunting on oversold blue-chips

Stocks on Bursa Malaysia closed higher with the benchmark FBMKLCI ended at its intra-day high yesterday on technical rebound from an oversold position previously, Read more >>

Tuesday, May 28, 2019

FBM KLCI - closed slightly higher on bargain-hunting

Stocks on Bursa Malaysia closed higher yesterday on fresh buying interest by institutional funds on bargain hunting, led by financial counters amid a volatile market as persistent US-China trade war concerns led to a lack of clarity on global economic growth prospects.Read more >>

Monday, May 27, 2019

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




Stocks on Bursa Malaysia closed lower on Friday, dampened by weak sentiment across the region as the US-China trade dispute deepened and the FBM KLCI sank into negative territory at the eleventh hour Read more >>

Friday, May 24, 2019

FBM KLCI - lower in line with regional peers weighed by Sino-US trade tensions

Stocks on Bursa Malaysia closed lower yesterday in line with regional peers, weighed by the Sino-US trade tensions that have escalated into a technology cold war between the two nations. Read more >>

Thursday, May 23, 2019

FBM KLCI - likely to further correct downward

Stocks on Bursa Malaysia closed lower on Tuesday on concerns over the escalating trade tension between the United States and China which weighed on investor sentiment. Read more >>

Tuesday, May 21, 2019

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




Stocks on Bursa Malaysia closed higher on Friday with the FBMKLCI ending off its intraday high on buying support from local funds and after Bank Negara Malaysia (BNM) announced on Thursday its market liquidity and accessibility enhancement initiatives, Read more >>

Friday, May 17, 2019

FBM KLCI - pulled back to below 1,600 on escalating trade war fears

Stocks on Bursa Malaysia closed broadly lower yesterday with the FBMKLCI retreated to below the key 1,600 support level at close, amid profit-taking, after Read more >>

Thursday, May 16, 2019

FBM KLCI - higher on follow through rebound in tandem with regional bourses

Stocks on Bursa Malaysia rebounded yesterday with the key index closing firmly above the key 1,600 support level, propelled by bargain hunting after Tuesday’s steep fall, following Read more >>

Wednesday, May 15, 2019

FBM KLCI - rebounded to close marginally lower after initial plunge

Stocks on Bursa Malaysia rebounded from earlier losses to finish the day off low with the benchmark FBMKLCI closing just a whisker below the 1,600 psychological level, Read more >>

Tuesday, May 14, 2019

FBM KLCI - fell in tandem with regional markets as US-China trade tension hurts sentiments

Stocks on Bursa Malaysia suffered a broad decline yesterday amid worries over the weak first-quarter earnings season and liquidity as well as the escalation in the US-China trade war which hurt world market sentiments. Read more >>

Monday, May 13, 2019

FBM KLCI - likely to trend lower




Stocks on Bursa Malaysia ended Friday’s trading on a negative note, in sync with some key regional bourses amid mounting worries over the global economy outlook. Read more >>

Friday, May 10, 2019

FBM KLCI - lower tracking Asian shares as US tariff threat to China looms

Stocks on Bursa Malaysia ended yesterday in the red on persistent selling across the board, amid weaker regional equities, as global markets took caution ahead of the next round of China-US trade talks. Read more >>

Thursday, May 9, 2019

FBM KLCI - down in tandem with regional peers as trade war fears heighten

Stocks on Bursa Malaysia ended lower yesterday, in tandem with the downtrend in Asian markets, weighed down by escalating trade tensions between the United States and China, Read more >>

Wednesday, May 8, 2019

FBM KLCI - higher on rebound, lifted by BNM rate cut

Stocks on Bursa Malaysia ended higher yesterday amid concerns over the US-China trade tensions, with Digi and Axiata in the limelight over their merger plan. Read more >>

Tuesday, May 7, 2019

FBM KLCI - likely to stage an oversold technical rebound

Stocks on Bursa Malaysia closed lower across the board yesterday after US President Donald Trump’s vow to hike tariffs on US$200 billion of Chinese goods last week to speed up the trade talks dragged down Asian equities, Read more >>

Monday, May 6, 2019

FBM KLCI - likely to stay range-bound




Stocks on Bursa Malaysia recouped earlier losses to close on a positive note on Friday, on bargain-hunting activities mostly in blue chips led by gains in telecommunication stocks Read more >>

Friday, May 3, 2019

FBM KLCI - fell on profit-taking dragged by plantations and banking heavyweights

Stocks on Bursa Malaysia closed lower yesterday with the benchmark index easing 0.61% on heavy selling in selected blue-chips, especially among plantation and banking stocks. Read more >>

Thursday, May 2, 2019

FBM KLCI - likely to climb higher on follow through upward momentum

Stocks on Bursa Malaysia closed mixed on Tuesday, with the benchmark FBMKLCI in a positive uptrend for most part of the day, driven by gains in most blue-chip finance stocks and selective heavyweights. Read more >>