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Tuesday, June 30, 2020

FBM KLCI - higher on oversold rebound bucking regional trend

Stocks on Bursa Malaysia recovered from earlier losses to close higher yesterday, propelled by healthcare as well as rubber manufacturers’-linked counters, on news that Malaysia’s exports are expected to improve in the coming months, Read more >>

Monday, June 29, 2020

FBM KLCI - likely to further consolidate with a downward bias


Stocks on Bursa Malaysia ended Friday lower with the FBMKLCI marched into its fourth consecutive trading day of losses, bucking the trend of its regional peers, amid falls in key index-linked stocks Read more >>

Friday, June 26, 2020

FBM KLCI - fell as market reacts to World Bank economic growth downgrade

Stocks on Bursa Malaysia ended yesterday lower on continued selling in heavyweights, and in line with other stock markets across the region, Read more >>

Thursday, June 25, 2020

FBM KLCI - lower amid sideways range-bound consolidation

Stocks on Bursa Malaysia ended yesterday lower as investors were reluctant to take risks following the acceleration of COVID-19 cases globally, Read more >>

Wednesday, June 24, 2020

FBM KLCI - closed lower in line with Asian markets

Stocks on Bursa Malaysia ended lower yesterday but managed to recover some lost ground from earlier losses, supported by mild bargain-hunting in consumer product counters, Read more >>

Tuesday, June 23, 2020

FBM KLCI - higher on last minute surge amid worries of second wave in COVID-19

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI closing 0.26% higher after a final hour jump helped the index erased losses, Read more >>

Monday, June 22, 2020

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


Stocks on Bursa Malaysia recovered from earlier losses to end higher last Friday, while the benchmark FBMKLCI managed to crawl back above the 1,500-level after it hit an intraday low of 1,496.76 points on mild bargain hunting and Read more >>

Friday, June 19, 2020

FBM KLCI - lower as Covid-19 resurgence dominates market sentiment

Stocks on Bursa Malaysia ended lower yesterday on broad selling momentum, lower economic growth projection and also in line with most regional markets as concerns over the resurgence of Covid-19 cases in China and the U.S. dented global stock market sentiment. Read more >>

Thursday, June 18, 2020

FBM KLCI - higher in line with Asian key indices

Stocks on Bursa Malaysia ended higher yesterday on improved buying momentum and in line with regional markets. Read more >>

Wednesday, June 17, 2020

FBM KLCI - higher on technical rebound in line with regional performance

Stocks on Bursa Malaysia ended broadly higher yesterday, in line with regional markets, bolstered by brisk buying momentum. Read more >>

Tuesday, June 16, 2020

FBM KLCI - plunged 3.05% on heavy selling pressure

Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closing below the 1,500-level amid lack of positive catalysts, Read more >>

Monday, June 15, 2020

FBM KLCI - likely to further correct downward and consolidate


Stocks on Bursa Malaysia ended lower across the board on Friday with the benchmark FBMKLCI closing at its intraday high but down by 0.72 per cent, paring its earlier sharp losses, in line with regional peers Read more >>

Friday, June 12, 2020

FBM KLCI - down on profit-taking correction following Fed’s gloomy economic outlook

Stocks on Bursa Malaysia ended broadly lower across the board yesterday with the benchmark FBMKLCI down 1.14 per cent, in line with regional peers after the Federal Reserve’s (Fed) dovish statement on Wednesday undermined recent market optimism Read more >>

Thursday, June 11, 2020

FBM KLCI - marginally higher amid range-bound consolidation ahead of US FOMC meeting

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed marginally higher in range-bound trading, with last-minute buying in selected heavyweight stocks lifting the barometer index into positive territory. Read more >>

Wednesday, June 10, 2020

FBM KLCI - higher on persistent buying in line with regional performance

Stocks on Bursa Malaysia ended higher yesterday after a long holiday weekend on persistent buying activities across the board as the country’s short-term economic recovery plan and the recovery phase of the movement control order, which starts today, spurred investor optimism. Read more >>

Tuesday, June 9, 2020

FBM KLCI - likely to continue its uptrend to climb higher


Stocks on Bursa Malaysia ended easier on Friday and the benchmark FBKLCI closed lower after rising consecutively for seven trading days, as investors opted to take profit ahead of the long weekend, Read more >>

Friday, June 5, 2020

FBM KLCI - higher for 7th consecutive day and was overbought

Stocks on Bursa Malaysia closed higher with the benchmark index rallied to close at its intraday-high after a spike in the final trading minutes, as well as its highest level in nearly five months, Read more >>

Thursday, June 4, 2020

FBM KLCI - surged higher to close above the 200-day MA

Stocks on Bursa Malaysia closed higher yesterday with the benchmark FBMKLCI rallied to close at its highest level in nearly four months, on buying interest in battered banking stocks that carry large weightage on the benchmark index, Read more >>

Wednesday, June 3, 2020

FBM KLCI - ended higher above 1,500-point

Stocks on Bursa Malaysia closed higher yesterday in line with the positive performance on regional bourses, and spurred by news that the government will announce its Short-Term Economic Recovery Plan on course this month, sending optimism amongst traders Read more >>

Tuesday, June 2, 2020

FBM KLCI - higher as volume tops 10b units again

Stocks on Bursa Malaysia rode the regional trend wave to close higher yesterday supported by index-linked counters and commendable performance by rubber-based producers, Read more >>

Monday, June 1, 2020

FBM KLCI - likely to continue its uptrend amid cautious mode



Stocks on Bursa Malaysia bucked the regional trend to close higher on Friday with the benchmark FBMKLCI closing 1.08% higher on buying support in index-linked counters and positive news on the government’s new economic recovery plan. Read more >>