KUALA LUMPUR: Bursa Malaysia slumped on Tuesday under heavy selling pressure, with decliners overwhelming gainers by over seven to one, reflecting weak market sentiment following the implementation of U.S. President Donald Trump’s tariffs. The FBM KLCI was down for the fourth straight day, tumbling 15.73 points, or 1%, to close at 1,555.66, slightly above its intraday...
KUALA LUMPUR: The FBM KLCI extended its rally for the fourth straight session, supported by broader optimism as markets abroad mostly closed higher. The 30-stock index rose 5.74 points, or 0.36%, to close at 1,590.91 points. For the week, the index jumped 33.99 points or 2.18%. Daily gainers for FBM KLCI constituents at 15 counters outweigh the...
KUALA LUMPUR: Bursa Malaysia plunged into negative territory again on Wednesday, with almost 1,000 counters closing in the red as investors continued to offload shares amidst weak market sentiment. The FBM KLCI slid 14.34 points, or 0.91%, to 1,562.12, its lowest level since August 2024. All indices ended lower, with the construction sector hit the hardest,...
KUALA LUMPUR: Bursa Malaysia opens on a steady note this Friday, driven by positive momentum from year-end window dressing activities, which continue to support market sentiment. At 9:14 am, the FBM KLCI rose 7.35 points, or 0.46%, to 1,621.05, after opening 3.86 points higher at 1,617.56. Among the gainers, United Plantations surged 64 sen to RM31.24, Tenaga...
KUALA LUMPUR: Bursa Malaysia remained broadly lower at midday amid weak market sentiment and selling in index-linked counters, alongside declines in regional bourses. The FBM KLCI fell 3.09 points, or 0.19% lower at 1,596.49, recovering from its intra-morning low of 1,590.83. Market breadth turned negative as losers outpaced gainers on a ratio of 466-to-402 stocks. Traded volumes...
KUALA LUMPUR: The FBM KLCI bounced higher on Friday as investors picked up bargains although activity remained lacklustre. At the opening bell, the FBM KLCI rose 1.78 points to 1,603.86, on course to end the week above the key 1,600 support level. According to Rakuten Trade, there are heightened concerns over inflation after the US producer price...
KUALA LUMPUR The outflow of foreign funds from Bursa Malaysia continued for a seventh straight week, with a weekly net outflow of RM761.4mil. An exodus of foreign funds has been seen across key Asian markets, although MIDF Research reported there was net foreign buying of Asian equities in the eight markets it monitored for the first...
KUALA LUMPUR: The FBM KLCI bounced higher on Monday as announcements of corporate results are expected to pick up in the final week of the reporting period. The main index rose 4.09 points to 1,593.87, fuelled by a rise in plantation stocks. Malacca Securities Research said it anticipates positive trading activity in the gold and oil and...
KUALA LUMPUR: The domestic market remained wobbly on Wednesday as the Trump-inspired rally on Wall Street took a breather while investors digested recent gains. At the opening bell, the benchmark FBM KLCI was 0.18 points higher at 1,608.61, but slipped slightly to 1,604.83 in the first five minutes of trading. The local bourse has been trading lower...
KUALA LUMPUR: Bursa Malaysia maintained its lead at midday as the US presidential election went underway with most key Asian markets nudging higher. At 12.30pm, the benchmark FBM KLCI gained 5.81 points to 1,626.51 with banks and utilities lifting the market. Overall, there were 591 gaining stocks on the market compared to 349 declining. The share turnover was...
