FBM KLCI - bullish technical rebound

Stocks on Bursa Malaysia finished on a firmer note yesterday helped by gains in heavyweights. The firmer bourse was in line with most Asian markets, which rose on bargain hunting in oversold blue chips, as well stock buyback by some of the companies. On the local front, the government announced the set-up of a special economic committee to ensure the country will maintain its economic growth momentum. The FBM KLCI was 31.8 points or 2.08% better at 1,563.64, after moving between 1,503.68 and 1,568.42 throughout the day. Losers outpaced gainers by 487 to 381 with 335 counters unchanged. Total volume rose to 2.78 billion units valued at RM2.76 billion from 2.58 billion units at RM2.5 billion on Monday. Read more >>

FBM KLCI - higher on technical rebound

Stocks on Bursa Malaysia closed on a firm note yesterday as bargain-hunters triumphed over profit-takers. The benchmark FBMKLCI finished 4.77 points or 0.26% higher at 1,867.57 points, after fluctuating between 1,862.52 points and 1,869.79 points throughout the day. Bargain-hunters beat profit-takers as gainers led losers by 366 to 364, while 374 counters remained unchanged. Volume rose to 1.59 billion shares worth RM1.71 billion against 1.44 billion shares worth RM1.732 billion recorded on Monday. Read more>>

FBM KLCI - higher on month-end window dressing

Stocks on Bursa Malaysia ended mixed on Wednesday, the last trading day of April, as cautious sentiment clouded the market ahead of the outcome of the US Federal Reserve's two-day meeting which ends later on the day, against a backdrop of continuing tension in Ukraine. However, the FBMKLCI rose 12.18 points or 0.7% to 1,871.52 on government fund buying. Losers led gainers by 419 to 362 while 325 counters were unchanged. Turnover was lower at 1.5 billion shares, worth RM2.5 billion, from Tuesday’s 2.5 billion shares worth RM2.2 billion. Bursa Malaysia was closed yesterday for the May 1st Labour Day holiday. Read more>>

FBM KLCI - lower on profit taking

Stocks on Bursa Malaysia ended lower across the board yesterday, amid weak buying momentum, with sentiment dampened by the downtrend in regional markets and Wall Street. The benchmark FBM KLCI was 8.55 points or 0.48% lower at 1,774.92 after hovering between 1,772.69 and 1,781.17 throughout the day. Market breadth was negative with losers leading gainers by 537 to 305 and 253 were unchanged. Turnover shrink to 1.77 billion shares worth RM2.07 billion compared with 2.67 billion shares valued at RM2.78 billion on Wednesday. ...Read more>>

FBM KLCI - bullish up move

Stocks on Bursa Malaysia rebounded from recent losses to close on a firm note yesterday due to renewed buying interest in blue-chip counters amid bullish market sentiment on most regional markets. The benchmark FBM KLCI surged 10.86 points or 0.66% to 1,659.44, after opening 1.91 points higher at 1,650.49, and hovered between 1,650.49 and 1,659.44. Gainers outpaced losers by 313 to 308, while 366 counters were unchanged. Volume rose to 826.965 million shares worth RM1.419 billion from 726.748 million shares valued at RM1.122 billion on Monday. ...Read more>>

FBM KLCI - continue running higher

Stocks  on Bursa Malaysia maintained its steady trend to close higher yesterday, spurred by buying interest in selected blue-chip counters on year-end window-dressing activity and steadier regional markets. The benchmark FBM KLCI ended 8.18 points or 0.5% higher at 1,649.75, lifted by gains in key finance stocks. The index moved between 1,643.51 and 1,650.85 throughout the day after opening 2.58 points higher at 1,644.15. Gainers led losers 356 to 290 while 317 counters were unchanged. Volume rose to 950.47 million shares, worth RM1.77 billion, from Tuesday's 899.63 million shares, worth RM1.6 billion. ...Read more>>