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Wednesday, July 31, 2019

FBM KLCI - turned bearish

Stocks on Bursa Malaysia extended the earlier downtrend to close lower on Monday as investors’ risk appetite was weighed down by cautious market sentiment, in line with Read more >>

Monday, July 29, 2019

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




Stocks on Bursa Malaysia closed lower on Friday, tracking the fall across Asian share markets after the European Central Bank (ECB) put off an anticipated rate cut. Read more >>

Friday, July 26, 2019

FBM KLCI - higher on last minute spike

Stocks on Bursa Malaysia closed lower yesterday with the benchmark FBMKLCI ended the at its intraday high after a spike in the final trading minutes following a sharp rise in the share prices of Read more >>

Wednesday, July 24, 2019

FBM KLCI - marginally higher amid range-bound consolidation

Stocks on Bursa Malaysia closed broadly higher yesterday with the benchmark FBMKLCI making marginal gains as expectations of monetary easing by major central banks such as Read more >>

Tuesday, July 23, 2019

FBM KLCI - lower amid regional decline

Stocks on Bursa Malaysia closed lower yesterday on mild selling in selected heavyweights, in line with regional markets weathering uncertainties stemming from a number of factors, including Read more >>

Monday, July 22, 2019

FBM KLCI - likely to stay sideways range-bound with a bearish bias




Stocks on Bursa Malaysia regained its upside momentum to end higher on Friday after three consecutive days of losses, after markets took New York Federal Reserve President John Williams' speech as a hint of Read more >>

Friday, July 19, 2019

FBM KLCI - closed at intraday low on bearish sentiment

Stocks on Bursa Malaysia closed lower yesterday with the benchmark FBMKLCI closing at its intraday low while small market capitalisation (small cap) stocks fell by a larger quantum on weak sentiment, Read more >>

Thursday, July 18, 2019

FBM KLCI - down on renewed trade war concerns

Stocks on Bursa Malaysia closed lower yesterday in line with Asian share markets' decline after US president Donald Trump threatened to impose tariffs on another US$325 billion of Chinese goods. Read more >>

Wednesday, July 17, 2019

FBM KLCI - lower amid range-bound consolidation

Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closing 0.21% lower as investors appeared to favour Bursa Malaysia's lower liner and Read more >>

Tuesday, July 16, 2019

FBM KLCI - slightly higher on last minute rebound

Stocks on Bursa Malaysia closed broadly lower yesterday with the benchmark FBMKLCI rebounded to end at the day’s high, lifted by last minute gains in index-linked counters Read more >>

Monday, July 15, 2019

FBM KLCI - likely to consolidate with a bearish bias




Stocks on Bursa Malaysia gave up early gains to close lower on Friday, triggered by selling in selected heavyweights led by index-linked financial services counters. Read more >>

Friday, July 12, 2019

FBM KLCI - marginally higher on last minute surge

Stocks on Bursa Malaysia closed broadly higher yesterday and the benchmark FBMKLCI recouped earlier losses to close marginally higher on bargain hunting at the eleventh hour, Read more >>

Thursday, July 11, 2019

FBM KLCI - lower on selling pressure as investors await US rate cut hint

Stocks on Bursa Malaysia closed in the red yesterday on profit taking, influenced by selling in the industrial products and services, as well as Read more >>

Wednesday, July 10, 2019

FBM KLCI - higher on technical rebound after falling for four consecutive sessions

Stocks on Bursa Malaysia closed firmer yesterday with the benchmark index closing at its intra-day high on bargain hunting, after four straight days of losses as Read more >>

Tuesday, July 9, 2019

FBM KLCI - lower in tandem with regional peers as expectation on Fed rate cuts dims

Stocks on Bursa Malaysia closed lower yesterday for the fourth consecutive days, dragged by industrial products and services as well as consumer products and services sectors as investors took a profit-taking stance following Read more >>

Monday, July 8, 2019

FBM KLCI - likely to consolidate with a downward bias




Stocks on Bursa Malaysia closed lower last Friday for the third consecutive days as the local stock market remained under selling pressure exerted by profit-takers due to the recent gains. Read more >>

Friday, July 5, 2019

FBM KLCI - slightly lower amid range-bound consolidation

Stocks on Bursa Malaysia closed lower for a second day yesterday on continued profit-taking in an overbought stock market with the benchmark FBMKLCI bucking the uptrend on most regional peers, as Read more >>

Thursday, July 4, 2019

FBM KLCI - slightly lower on profits taking but stays above the 200-day SMA

Stocks on Bursa Malaysia closed lower yesterday on profit-taking with the benchmark FBMKLCI managed to stay above the support level of 1,690 despite being weighed down by China’s disappointing services sector data, Read more >>

Wednesday, July 3, 2019

FBM KLCI - closed higher above the 200-day SMA

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI breaching the 1,690 resistance level to close at nearly a four-month high, on trade optimism Read more >>

Tuesday, July 2, 2019

FBM KLCI - higher on relief rally after US-China trade ceasefire


Stocks on Bursa Malaysia closed higher yesterday, joining most of its regional peers in a global relief stock market rally, after the ceasefire in the US–China trade war and Read more >>

Monday, July 1, 2019

FBM KLCI - likely to trend higher after positive news from G20 Summit




Stocks on Bursa Malaysia ended last Friday marginally lower with the FBMKLCI continued its losing streak for the third day in a row due to profit-taking activities on a day of choppy trading Read more >>