Weak Economic Data Weigh On Bursa Malaysia
Bursa Malaysia ended lower on Monday as investors braced for an escalation in US-China tensions and a string of dismal manufacturing data.
At 5pm, the benchmark index closed 31.19 points lower, or…
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KLCI Erases Earlier Gains As Falling Crude Prices Drag Regional Markets Lower
The FBM KLCI erased its earlier gains at the midday break, tracking regional markets as a fall in crude oil prices weighed on sentiment.
As of writing, Reuters said US crude skidded 14.24% to…
Sinotop Rallies On Govt Mobile Payment Provider Acquisition
Shares of Sinotop Bhd have risen 238% to its one-year high this week, as investors took positively to its plan to increase its equity exposure in mobile services provider Dapat Vista (M) Sdn Bhd to…
KLCI gives up most gains on late selling of Tenaga, Petronas stocks
Bursa Malaysia’s FBM KLCI pared all its hard-earned gains to close marginally higher on Monday due to late selling of Tenaga Nasional and Petronas stocks.
At 5pm, the FBM KLCI was up just 0.3 of a…
KLCI Trails ACE Market Rise As BOJ Stimulus Buoys World Shares
The FBM KLCI closed up 0.31 point or 0.02% at 1,369.85 today while Bursa Malaysia’s ACE Market index rose by a significantly larger quantum as world equities responded to news that the Bank of Japan…
KLCI rises 0.49% as regional markets bounce on BoJ stimulus plan
The FBM KLCI had gained 0.49% at the midday break today as regional markets bounced against the backdrop of fresh stimulus put forward by the Bank of Japan (BoJ) to soften the economic impact of…