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Thursday, November 30, 2023

FBM KLCI - lower for third straight session amid bearish regional performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third straight session after reversing all its intraday gains, dragged down by selling in telecommunication and banking heavyweights, Read more >>

Wednesday, November 29, 2023

FBM KLCI - pared earlier losses to end marginally lower


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI pared earlier losses to finish marginally lower as investors were reluctant to make significant moves due to lack of buying interests and weak market sentiment. Read more >>

Tuesday, November 28, 2023

FBM KLCI - down on profit-taking in heavyweights amid weak regional performance


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower dampened by selling in selected heavyweights as well as mid- and small-cap stocks. Read more >>

Monday, November 27, 2023

FBM KLCI - likely to move sideways range-bound amid lack of catalysts



Stocks on Bursa Malaysia ended lower on Friday while the benchmark FBMKLCI was marginally higher, despite subdued trading, due largely to strong buying on Genting Bhd and Genting Malaysia Bhd following their splendid quarterly earnings, Read more >>

Friday, November 24, 2023

FBM KLCI - lower amid mixed regional cues


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI extended its retreat from Wednesday to close lower, amid mixed global cues and the fall in crude oil prices. Read more >>

Thursday, November 23, 2023

FBM KLCI - lower in line with regional peers after FED's minutes tempered rate cut expectations


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI retreated from Tuesday’s gains to finish marginally lower, dragged by profit-taking activities as the risk-off mode intensified following the release of US Federal Reserve’s minutes, which tempered rate cut expectations. Read more >>

Wednesday, November 22, 2023

FBM KLCI - rebounded to snap three-day losing streak on bargain-hunting


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI snapped the three-day losing streak to end at its intraday high, as bargain hunting activities emerged following the recent sell-off. Read more >>

Tuesday, November 21, 2023

FBM KLCI - down for the third straight day on lack of buying interest


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third consecutive day in the absence of buying interest amid a mixed performance in the regional markets. Read more >>

Monday, November 20, 2023

FBM KLCI - likely to rise higher on improved risk appetite



Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished lower for the second day as worries over economic and financial developments in the United States and China weighed on global sentiment. Read more >>

Friday, November 17, 2023

FBM KLCI - down on profit-taking in line with regional weakness


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI retreated slightly lower on profit-taking after Wednesday’s gains and as China’s property woes weighed on regional sentiment, with investors also cautious ahead of Malaysia’s third quarter results on Friday. Read more >>

Thursday, November 16, 2023

FBM KLCI - closed higher to more than 8-month high


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher for the second consecutive day to more than an eight-month high as investors anticipated the US Federal Reserve (Fed) to be already done with its rate hike cycle after the October data showed inflation has declined, Read more >>

Wednesday, November 15, 2023

FBM KLCI - higher on oversold technical rebound


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher, snapping its four-day losing streak, as domestic sentiment was lifted by earnings optimism while bargain hunters nibbled on heavyweight shares after a recent sell-off. Read more >>

Tuesday, November 14, 2023

FBM KLCI - likely to move sideways range-bound



Stocks on Bursa Malaysia ended lower on Friday with the benchmark FBMKLCI finished lower for the fourth consecutive day, in line with regional bourses, mirroring the global market downturn, as the US Federal Reserve (Fed) chairman Jerome Powell expressed doubts about US interest rates’ effectiveness in curbing inflation. Read more >>

Friday, November 10, 2023

FBM KLCI - down for the third straight day on continued profit-taking


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI finished lower for the third consecutive day, tracking regional peers’ downbeat performance as market sentiments turned cautious ahead of the United States (US) Federal Reserve’s (Fed) monetary policy decision later of the day. Read more >>

Thursday, November 9, 2023

FBM KLCI - down for the second day on profit-taking in line with regional peers


Stocks on Bursa Malaysia ended mixed yesterday with the benchmark FBMKLCI finished lower as losses in heavyweight counters, led by banking stocks, weighed on the key index amid caution ahead of US Federal Reserve (Fed) chairman Jerome Powell’s speech on the US interest rate outlook later of the day Read more >>

Wednesday, November 8, 2023

FBM KLCI - down marginally on profit-taking in line with regional peers


Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI recouped most of its earlier losses to close marginally lower on profit-taking. Read more >>

Tuesday, November 7, 2023

FBM KLCI - closed higher at 8-month high on broad-based buying momentum


Stocks on Bursa Malaysia ended broadly higher yesterday with the benchmark FBMKLCI finished higher for the third straight day to more than an eight-month high, on broad-based buying momentum riding on the improving market sentiment regionally. Read more >>

Monday, November 6, 2023

FBM KLCI - likely to rise higher on improved sentiment




Stocks on Bursa Malaysia ended broadly higher on Friday with the benchmark FBMKLCI finished higher, reflecting the growing investor confidence after the temporary halt in United States (US) interest rate hike. Read more >>

Friday, November 3, 2023

FBM KLCI - higher on bargain hunting amid positive regional performance


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher as bargain-hunting emerged following Wednesday’s sell-down. Read more >>

Thursday, November 2, 2023

FBM KLCI - down on negative note on flat PMI data


Stocks on Bursa Malaysia ended the first trading day of November on a negative note yesterday with the benchmark FBMKLCI finished lower on the back of sluggish purchasing managing index (PMI) data in October, recording the 14th consecutive month of contraction. Read more >>

Wednesday, November 1, 2023

FBM KLCI - higher on bargain-hunting amid mixed regional performance


Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished slightly higher, despite a mixed regional peers performance, as risk appetite in the broader market improved on bargain hunting activities, particularly in commodity-related stocks. Read more >>