FBM KLCI stays lower at midday amid mixed regional markets

KUALA LUMPUR: Bursa Malaysia remained lower at lunch break while the regional market performance was mixed amid positive sentiment underpinned by expectations of easing trade tension between China and the US. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 4.28 points, or 0.26 per cent, to 1,612.55 from Tuesday’s close of 1,616.83. The benchmark index opened 0.73 of a point firmer...

FBM KLCI edges higher amid mixed market sentiments

KUALA LUMPUR: The FBM KLCI edged higher at midday, supported by broad gains amid lingering external uncertainties. At midday, the market barometer rose 2.68 points, or 0.17% to 1,614.14 after hitting an intramorning high of 1,619.58. There were 584 gainers, 383 losers and 471 counters traded unchanged on the Bursa Malaysia. Turnover stood at 2.46 billion shares...

FBM KLCI falls below 1,600 as Fed rate cut fails to lift sentiment

KUALA LUMPUR: The FBM KLCI opened lower and slipped below the key 1,600 level this morning, despite the U.S. Federal Reserve’s widely expected interest rate cut. The FBM KLCI fell 11.86 points, or 0.74%, to 1,599.84 at 9.11 am, after opening 4.84 points lower at 1,606.86, dragged down by PETRONAS-linked counters. Among the losers, Nestle slid 84...

Bursa Malaysia higher at midday

KUALA LUMPUR: Bursa Malaysia ended today’s morning session firmer amid improved sentiment and risk appetite following the development of a ceasefire between Israel and Iran. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.38 points, or 0.42 per cent, to 1,520.67 from Tuesday’s close of 1,514.29 The FBM KLCI, which opened 4.38 points firmer...

Bursa Malaysia tumbles as over 1,000 stocks sink amid heavy selling

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...

FBM KLCI extends winning run for fourth straight session

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...

A sea of red engulfs Bursa Malaysia

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,...

Bursa Malaysia rises amid year-end window dressing

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...

Bursa Malaysia remains lower at midday amid weak sentiment

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...