KUALA LUMPUR: Investors on Bursa Malaysia are taking time to digest recent gains as Wall Street ended mixed overnight ahead of the release of quarterly results from Big Tech. On Malaysia's main index, blue chips took a breather below the 50-day simple moving average after four consecutive days of gains with foreign funds returning to the...
KUALA LUMPUR: Bursa Malaysia started the week on a positive note with an improvement in market sentiment as US President Donald Trump adopted a calmer tone in handling geopolitical affairs. Continuing its recovery from the previous week, the benchmark FBM KLCI rose 2.63 points to 1,511.83, which puts the index at levels of trading prior to...
KUALA LUMPUR: Apex Securities has clarified that it is not among the brokers affected by the recent stock account hacking. In a note seen by StarBiz, the broker's executive director and CEO, Straise Chong, assured clients it has reviewed the orders placed on affected counters and confirmed they are genuine client transactions. She added that Apex has...
KUALA LUMPUR: Malaysia's capital market regulators have received reports from a few brokers that there have been unauthorised access and trading activities in a limited number of clients' online trading accounts. In a joint statement, the Securities Commission and Bursa Malaysia said the reports were received on Thursday, April 24, 2025, which also identified incidences of...
KUALA LUMPUR: Suggestion from a top US policymaker that the trade conflict between the US and China was not sustainable and will "de-escalate" helped buoy global market sentiment on Wednesday. At the starting bell, Malaysia's benchmark index leapt 11.11 points to 1,497.36, tracking Wall Street's overnight surge as remarks from US Treasury Secretary Scott Bessent raised...
KUALA LUMPUR: The benchmark FBM KLCI was flirting with the 1,500 mark in early trading as investors held on to gains amid a slight uptick in positive sentiment. At the opening bell, the main index rose 2.68 points to 1,502.08, briefly surpassing the resistance before retreating to sit flat on the hurdle. According to Rakuten Trade, the...
KUALA LUMPUR: The selling of Malaysian stocks by offshore funds slowed signifantly in the past week to RM330.5mil net from a whopping RM1.97bil in the previous week, said MIDF Research in its weekly fund flow report. There was foreign selling on every day of the week except for Friday, which registered a marked drop in trading...
KUALA LUMPUR: Domestic equities prices shot up on Monday following the weekend announcement that the US was allowing tariff exemptions on smartphones and electronics. The move suggested the Trump administration was finding ways to ease the downwards pressure of tariffs on the US economy and bond prices, raising investor sentiment and sending global equities prices higher. At...
KUALA LUMPUR: Bursa Malaysia's main index ended the early session on a strong rebound, in line with regional markets, as investors turned their sights to China on more plans to stimulate the economy. At 12.30, the FBM KLCI was up 17.07 points to 1,529.22 while the market was broadly higher with 655 stocks rising as compared...
KUALA LUMPUR: The weakness on the domestic stock market persisted on Friday following a plunge on Wall Street overnight amid the uncertainty over US tariffs. At the opening bell, the benchmark FBM KLCI dropped 3.16 points to 1,555.75. Bank stocks remained mixed on Friday following the decline in the previous session. CIMB rose five sen to RM7.55 while...
