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Thursday, July 30, 2020

FBM KLCI - closed slightly higher after an intraday plunge



Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI closed at the highest level of the year after surpassing the 1,610-resistance level on last-minute buying after volatile trades which charted a rare intraday V-shaped recovery for the Malaysia's equity benchmark. Read more >>

Wednesday, July 29, 2020

FBM KLCI - rebounded to close above 1,600

Stocks on Bursa Malaysia ended higher yesterday and the benchmark FBMKLCI closed at its intra-day high, as appetite for glove counters intensified amid the resurgence of new Covid-19 cases globally. Read more >>

Tuesday, July 28, 2020

FBM KLCI - marginally higher in choppy range-bound trade

Stocks on Bursa Malaysia finished higher in choppy trading yesterday with the benchmark FBMKLCI closed marginally higher lifted by a rush for glove-makers in the final minutes of trading, Read more >>

Monday, July 27, 2020

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


Stocks on Bursa Malaysia ended lower across board on Friday as the market pull back wiped out Thursday’s gains, and as investors took profit amid escalating tensions between the US and China. Read more >>

Friday, July 24, 2020

FBM KLCI - ended high as Bursa volume climbed past 12 billion level again

Stocks on Bursa Malaysia closed higher yesterday as the continuous rise in Covid-19 cases globally as well as concerns of another wave of infections have driven glove manufacturing counters on Bursa Malaysia higher, Read more >>

Thursday, July 23, 2020

FBM KLCI - down on profit-taking while pharmaceutical firms hit limit up

Stocks on Bursa Malaysia ended lower yesterday as energy counters retreated at the close of trading after recording steady gains in the early session and as world equities took cue from the US-China spat, Read more >>

Tuesday, July 21, 2020

FBM KLCI - down on profit-taking while Bursa's volume surged to record high

Stocks on Bursa Malaysia closed mixed yesterday as the trading volume hit another record high, with 12.49 billion shares worth RM6.64 billion transacted driven by strong buying interest in glove makers, while the benchmark FBMKLCI closed lower, Read more >>

Monday, July 20, 2020

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


Stocks on Bursa Malaysia closed on a positive note Friday amid gains almost across the board with investors actively seeking out domestic shares after three consecutive days of downtrend and a rare halt at 3:30pm on Thursday, Read more >>

Friday, July 17, 2020

FBM KLCI - lower as trading halted

Stocks on Bursa Malaysia closed lower yesterday as selling pressure across Bursa Malaysia continues with the barometer index settling 12.08 points or 0.76 per cent weaker at 1,573.48, Read more >>

Thursday, July 16, 2020

FBM KLCI - down for the second day as vaccine hope dent glove shares


Stocks on Bursa Malaysia closed lower yesterday with the benchmark FBMKLCI fell for the second straight day, finished down at its intraday low, as investors went on a selling spree of glove stocks,
Read more >>

Wednesday, July 15, 2020

FBM KLCI - lower dragged down by profit-taking in glove makers

Stocks on Bursa Malaysia closed lower yesterday with the benchmark FBMKLCI reversed its earlier gains, during which the key index rallied to its highest level in 6.5 months, to close in the negative territory Read more >>

Tuesday, July 14, 2020

FBM KLCI - closed at six-month high above 1,600

Stocks on Bursa Malaysia closed mixed yesterday with the benchmark FBMKLCI ended above 1,600 points, a level last seen in January this year, Read more >>

Monday, July 13, 2020

FBM KLCI - likely to continue rising higher to challenge 1,600


Stocks on Bursa Malaysia close broadly lower on Friday but the benchmark FBMKLCI bucked the regional trend after recouping earlier losses to end at its intraday high, lifted by persistent buying in glove makers’ stocks. Read more >>

Friday, July 10, 2020

FBM KLCI - slightly lower on profit-taking after hitting the double-top resistance

Stocks on Bursa Malaysia close mixed yesterday with the benchmark FBMKLCI retreated from Wednesday’s gains to end slightly lower, as last-minute profit takings weighed on the barometer index and on a lack of fresh catalysts to prop up the market. Read more >>

Thursday, July 9, 2020

FBM KLCI - higher lifted by banking stocks in record volume

Stocks on Bursa Malaysia close higher yesterday with the benchmark FBMKLCI ended 1.07 per cent higher in heavy trading on liquidity-driven buying and as persistent buying of financial stocks helped support the barometer index. Read more >>

Wednesday, July 8, 2020

FBM KLCI - lower on prifit-taking after reaching overbought level

Stocks on Bursa Malaysia close lower yesterday and the benchmark FBMKLCI snapped a six-day winning streak by ending 0.65 per cent lower, as investors chose to take profit Read more >>

Tuesday, July 7, 2020

FBM KLCI - higher for the sixth consecutive session and was overbought

Stocks on Bursa Malaysia close higher on yesterday with the benchmark FBMKLCI closing higher for the sixth consecutive day in tandem with the performance of its regional peers, Read more >>

Monday, July 6, 2020

FBM KLCI - likely to rise higher in tandem with regional indices


Stocks on Bursa Malaysia continued its rally to close higher on Friday with the benchmark FBMKLCI closing at its intraday high for the third consecutive day, led by gains in glove counters Read more >>

Friday, July 3, 2020

FBM KLCI - higher on Covid-19 vaccine hopes

Stocks on Bursa Malaysia continued its rally to close higher yesterday after broad-based buying across Bursa Malaysia with the benchmark FBMKLCI closing almost at its intraday high for a second consecutive days, Read more >>

Thursday, July 2, 2020

FBM KLCI - closing near intraday high on strong buying momentum in glove stocks

Stocks on Bursa Malaysia rallied to close higher yesterday with the benchmark FBMKLCI closing almost at its intraday high, with gains particularly in small to mid-sized cap Shariah and conventional stocks, in sync with the mostly higher regional indices. Read more >>

Wednesday, July 1, 2020

FBM KLCI - closing the month of June above 1,500


Stocks on Bursa Malaysia maintained its positive momentum throughout the day to close higher, assisted by consumer product and healthcare-linked counters, Read more >>