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Tuesday, August 30, 2022

FBM KLCI - bucks regional trend to end marginally higher on bargain-hunting


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI recouped earlier losses, bucking regional trend to end slightly higher and stay above the key 1,500 level, as buying interspersed with selling in heavyweights. Read more >>

Monday, August 29, 2022

FBM KLCI - likely to move sideways range-bound



Stocks on Bursa Malaysia ended broadly lower on Friday with the benchmark FBMKLCI closed higher for the second straight day, in line with positive regional performance and as a result of improved market sentiment following positive cues from Wall Street overnight. Read more >>

Friday, August 26, 2022

FBM KLCI - ended at intraday high on oversold rebound amid improved regional market sentiment


Stocks on Bursa Malaysia ended higher across the board yesterday with the benchmark FBMKLCI snapped six days of losses to close higher at its intraday high, rising 1.92 per cent, driven by improving market sentiment across the region, and as investors took opportunity to bargain hunt for stocks at lower levels. Read more >>

Thursday, August 25, 2022

FBM KLCI - lower for the six straight sessions, tracking regional performance


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI closed lower for the six straight sessions, tracking the heavy selling on regional markets as investors were concerned over the release of weak western economic data ahead of the Jackson Hole meeting and investors may react negatively if the US Federal Reserve turned more hawkish going forward, while the drought-driven power shortages in China added to the industry woes in the republic. Read more >>

Wednesday, August 24, 2022

FBM KLCI - lower for the fifth straight sessions with buying support seen


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI pared most of its earlier losses to close off its intraday low, after some buying activity emerged in oil and gas (O&G) and telecommunication stocks during the final hour of trading. Read more >>

Tuesday, August 23, 2022

FBM KLCI - fell on profit-taking amid cautious sentiment


Stocks on Bursa Malaysia ended broadly lower yesterday with the benchmark FBMKLCI finished lower as investors continued to take profit amid mixed performance in regional bourses, with the sentiment remaining cautious due to regional and global uncertainties. Read more >>

Monday, August 22, 2022

FBM KLCI - likely to move sideways with a downward bias



Stocks on Bursa Malaysia ended broadly lower on Friday with the benchmark FBMKLCI finished lower, driven by persistent profit-taking, mostly seen in telecommunications and healthcare companies, amid cautious sentiments in the regional markets. Read more >>

Friday, August 19, 2022

FBM KLCI - down for the second day on continuous profit-taking


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended Wednesday’s losses to close lower on persistent profit-taking, mostly seen in transportation and logistics, as well as utilities companies, amid the weaker performance on the regional markets. Read more >>

Thursday, August 18, 2022

FBM KLCI - down slightly on profit-taking amid cautious regional markets performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI erased earlier gains to close marginally lower as profit-taking emerged in utilities as well as telecommunication companies, amid cautious performance on the regional markets. Read more >>

Wednesday, August 17, 2022

FBM KLCI - rebounded to close at intraday higher on strong buying of telcos stocks


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI closed at its intraday high on late buying in selected index-linked telecommunication companies (telcos), amid mixed performance on the regional markets. Read more >>

Tuesday, August 16, 2022

FBM KLCI - down on profit-taking amid mixed sentiment


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed lower amid mixed sentiment on regional markets, as profit-taking set in on selected heavyweights after their recent gains. Read more >>

Monday, August 15, 2022

FBM KLCI - likely to continue trending higher



Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI closed higher for the second consecutive day to end above the 1,500-psychological level, thanks to persistent buying support in selected heavyweights, especially banking and plantation counters. Read more >>

Friday, August 12, 2022

FBM KLCI - rebounded to close higher above 1,500


Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI rebounded from Wednesday’s losses to close higher, and staying above the 1,500-psychological level amid positive market sentiment across the region. Read more >>

Thursday, August 11, 2022

FBM KLCI - down in tandem with regional peers


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed lower in sync with regional bourses, as risk appetite was affected by the impending United States (US) inflation data amid the ongoing corporate earnings season. Read more >>

Wednesday, August 10, 2022

FBM KLCI - slightly higher on weak rebound amid mixed market


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI closing in the positive territory backed by buying in heavyweights, in sync with the mixed performance in regional bourses. Read more >>

Tuesday, August 9, 2022

FBM KLCI - down for the second day on profit-taking amid mixed regional markets


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed marginally lower amid mixed regional peers as sentiment was mostly weighed down by the negative cues from global markets. Read more >>

Monday, August 8, 2022

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



Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI bucked the regional trend to end lower on persistent profit-taking in most heavyweights led by Maybank, Public Bank and Petronas Chemicals. Read more >>

Friday, August 5, 2022

FBM KLCI - higher on technical rebound in tandem with regional peers


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI made a strong rebound after two consecutive days of losses to close at its intraday high, mainly driven by technology, telecommunications and healthcare counters. Read more >>

Thursday, August 4, 2022

FBM KLCI - down for the second straight day amid mixed regional performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI closed lower for the second consecutive day amid mixed performance on regional peers as investors remained in profit-taking mode. Read more >>

Wednesday, August 3, 2022

FBM KLCI - lower on profit-taking amid Sino-US tension


Stocks on Bursa Malaysia ended lower across the board yesterday with the benchmark FBMKLCI erased Monday’s gains to finish in the negative territory, succumbing to profit-taking in selected plantation counters and in line with the weaker regional market performance, as investors were cautious over the escalation in Sino-US tension with US House of Representatives Speaker Nancy Pelosi set to begin a visit to Taiwan Read more >>

Tuesday, August 2, 2022

FBM KLCI - ended higher above the 1,500 level


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI continued its upward trajectory for the fourth consecutive trading day to breach the psychological 1,500 points level, driven by buying mainly in plantation and energy stocks. Read more >>

Monday, August 1, 2022

FBM KLCI - likely to trend higher amid an overbought situation




Stocks on Bursa Malaysia ended higher on Friday with the benchmark FBMKLCI closing marginally higher, supported by last-minute buying in selected heavyweight counters, led by Tenaga Nasional Bhd and Sime Darby Plantation Bhd. Read more >>