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Friday, July 30, 2021

FBM KLCI - bucks regional trend to end lower amid political uncertainty


Stocks on Bursa Malaysia bucked the regional market trend to end lower yesterday with the benchmark FBMKLCI finished in the red weighed down by profit-taking in selected heavyweights amid concerns about the latest political developments in the country. Read more >>

Thursday, July 29, 2021

FBM KLCI - marginally higher amid high Covid-19 cases and political uncertainty


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally higher as late buying in heavyweights lifted the barometer index into the positive territory, while political headwinds and persistent rise in the number of Covid-19 infections continue to bog down the local market. Read more >>

Wednesday, July 28, 2021

FBM KLCI - higher on oversold rebound


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished slightly higher after Monday’s dip, bucking the trend seen among its regional peers, Read more >>

Tuesday, July 27, 2021

FBM KLCI - ended at intraday low as surging Covid-19 cases weigh on sentiment


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended last Friday’s losses to end at its intraday low as stocks across the board succumbed to selling pressure as the country reports higher Covid-19 cases. Read more >>

Monday, July 26, 2021

FBM KLCI - likely to continue moving sideways range-bound amid rising Covid-19 cases



Stocks on Bursa Malaysia ended mixed on Friday with the benchmark FBMKLCI finished lower on a consolidation mode ahead of the weekend and as investors stayed cautious amid rising number of Covid-19 cases. Read more >>

Friday, July 23, 2021

FBM KLCI - closed higher at intraday high


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished at the day’s high, tracking regional bourses, which were mostly higher, as market sentiment was lifted by the overnight gain on Wall Street that was driven by strong quarter earnings figures Read more >>

Thursday, July 22, 2021

FBM KLCI - lower on concerns over Covid-19 Delta variant


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished weaker as market sentiment continued to be affected by the high number of Covid-19 cases in the country amid lingering concerns over the fast-spreading Delta coronavirus variant’s effect on the global economy, Read more >>

Wednesday, July 21, 2021

FBM KLCI - likely to continue moving range-bound


Stocks on Bursa Malaysia ended mixed on Monday with the benchmark FBMKLCI finished slightly lower ahead of the Hari Raya Haji holiday that falls on Tuesday, and in tandem with the regional markets amid elevated inflationary pressure and a resurgence of the pandemic. Read more >>

Monday, July 19, 2021

FBM KLCI - likely to continue moving sideways range-bound amid lack of positive catalysts



Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI finished marginally higher as bargain hunting re-emerged in most sectors as sentiment improved slightly driven by the lifting of the enhanced movement control order (EMCO) in Selangor and Kuala Lumpur effective Saturday, Read more >>

Friday, July 16, 2021

FBM KLCI - rebounded to close higher on bargain hunting led by healthcare sector


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished on a positive note as bargain hunting continued throughout yesterday’s trading session in almost all sectors across the board led by healthcare. Read more >>

Thursday, July 15, 2021

FBM KLCI - pullback on weak sentiment in line with regional performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished on a weaker note with most indices staying in the negative zone as the overall market sentiment remained weak and in line with the performance of Asian equities as investors fret over an inflation spike in the US market. Read more >>

Tuesday, July 13, 2021

FBM KLCI - lower on profit-taking on political uncertainty and economy woes


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI bucked the regional trend to close lower as investors’ appetite for the local equity market remained muted amid the challenging economic environment and high number of new Covid-19 cases,  Read more >>

Monday, July 12, 2021

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



Stocks on Bursa Malaysia ended broadly higher last Friday with the benchmark FBMKLCI finished higher, snapping a five-day losing streak, on bargain-hunting activities. Read more >>

Friday, July 9, 2021

FBM KLCI - slid to one-year low as political developments and rising Covid-19 cases weigh on sentiment


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed sharply lower, marking a one-year low for the benchmark index, amid cautious sentiment over the high daily Covid-19 infection level that has breached 8,000 new cases yesterday, besides domestic political issue, Read more >>

Thursday, July 8, 2021

FBM KLCI - closed lower for the third straight day at the immediate support of 1,530


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished slightly lower tracking regional market declines as market sentiment continues to be weighed by high Covid-19 cases, besides domestic political issues. Read more >>

Wednesday, July 7, 2021

FBM KLCI - marginally lower amid consolidation above 1,530


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished marginally lower near the flat-line for the second day running due to persistent selling activities in selected heavyweights, led by Digi and IHH Healthcare, as investor sentiment continued to be affected by a high number of new Covid-19 cases and lingering worries over domestic political turmoil. Read more >>

Tuesday, July 6, 2021

FBM KLCI - closed marginally lower above 1,530 amid lack of catalysts


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI marginally lower as investors remained on the sidelines on lack of catalysts, amid cautious sentiment as Covid-19 cases remained above 6,000 on Monday. Read more >>

Monday, July 5, 2021

FBM KLCI - likely to slide lower towards 1,503




Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI lost ground and fell into the red as the implementation of a two-week Enhanced Movement Control Order (EMCO) over most parts of Selangor and 15 localities in Kuala Lumpur soured market sentiment Read more >>

Friday, July 2, 2021

FBM KLCI - higher on technical rebound amid bargain-hunting and higher oil price


Stocks on Bursa Malaysia ended slightly higher yesterday with the benchmark FBMKLCI gaining some lost ground on the first trading day of the second half of this year, after heavy loss on the previous day on bargain-hunting activity, but pared gains at closing after glove counters turned lower on profit-taking. Read more >>

Thursday, July 1, 2021

FBM KLCI - slid below the 360-day SMA amid worries over pandemic and economy


Stocks on Bursa Malaysia ended the last trading day for the first half of 2021 lower yesterday with the benchmark FBMKLCI slid more than 1% on investors’ concern about Malaysia’s daily Covid-19 figures and economic outlook. Read more >>