KUALA LUMPUR: Bursa Malaysia ended lower on Wednesday on lacklustre trading ahead of the tabling of Budget 2022 tomorrow.At 5 pm, the benchmark FTSE Bursa Malaysia KLCI( FBM KLCI) trimmed 16.22 points to its intraday low of 1, 566.86 from yesterday's close of 1, 583.08. The market bellwether opened 2.0 points weaker at 1, 581.08 and reached an intraday high of 1, 581.49 earlier in the day. Market breadth was also negative with losers trouncing gainers 624 to 422, while 415 counters were unchange

PETALING JAYA: Bursa Malaysia closed lower yesterday due to profit-taking activities, mainly in banking, oil and gas, and telecommunication counters despite the positive regional market performance, a dealer said.... Total turnover fell to 3.21 billion units worth RM3. 25bil against Monday’s 3.47 billion units worth RM3. 97bil.... Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said key regional markets ended higher as investors were relieved after the completion of the

KUALA LUMPUR: Bursa Malaysia bucked the downtrend seen in most regional stock markets to stay in positive territory on bargain hunting activities. The FBM KLCI closed up 1.6 points, or 0.1% to 1, 534.23 after moving between 1, 541.11 and 1, 531.84. There were 556 gainers, 373 losers and 421 counters traded unchanged on the Bursa Malaysia.... Turnover stood at 7.18 billion shares valued at RM3. 6bil. Dealers said activities picked up a little and the performance of the local bourse was boosted b

KUALA LUMPUR: Bursa Malaysia ended slightly lower today on continued selling in selected heavyweights led by Top Glove and Press Metal, despite the upbeat performance in regional markets.... However, he said investors remained concerned over the pace of the economic recovery from the pandemic amid fears of fresh disruptions across supply chains globally following tighter restrictions in Europe.... Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said, on the home front, t

KUALA LUMPUR: Bursa Malaysia ended marginally higher today with the FTSE Bursa Malaysia KLCI( FBM KLCI) rising by 0.09 per cent as investors continued to bargain-hunt stocks particularly plantation and banking heavyweights, a dealer said.At 5 pm, the barometer index rose 1.35 points to 1, 555.93 from yesterday’s close of 1, 554.58. The benchmark index, which opened 0.9 of-a-point higher at 1, 555.48, moved between 1, 552.94 and 1, 559.46 throughout the day.On the broader market, gainers surpasse

PETALING JAYA: Bursa Malaysia Bhd and FTSE Russell have launched the FTSE4Good Bursa Malaysia Shariah( F4GBMS) index to meet the financial community’s sustainable and syariah-compliant investment needs. According to the Securities Commission’s Shariah Advisory Council( SAC) screening methodology, this new environmental, social and governance( ESG)-themed index is designed to track constituents in the FTSE4Good Bursa Malaysia Index that are syariah-compliant. The composition of the index, which c

KUALA LUMPUR: Bursa Malaysia erased its previous session's gains and slid even lower as investors pulled out of equities following the US Federal Reserve chair's comments that the central bank could speed up the tapering of bond-buying in December.... Amid the volatility, glove counters remained on investors' radar screen as investors speculated that the spread of the Omicron strain of Covid virus could help lift demand for personal protective equipment.... Top Glove, sliding one sen to RM2.82

CLICK TO ENLARGETHE year 2021 has not been very kind to the local stock market.... Investors who benefited from the bull run in 2020 have been having the opposite experience this year. The local stock market has been on a roller-coaster ride, impacted by issues such as lengthy lockdowns, high Covid-19 infection rates, travel restrictions and political uncertainties. The main index of Bursa Malaysia, the FBM KLCI, has been in a negative territory year-to-date.... It is likely to remain negative

KUALA LUMPUR: Bursa Malaysia wrapped up 2023 to close at its intraday low at 1, 454, 66 today compared to the first-day opening this year at 1, 488.54, weighed by persistent selling pressure throughout most part the year due to outflow of funds as a result of various rate hikes in the United States, a dealer said. Consequently, Rakuten Trade equity research vice-president Thong Pak Leng said the FTSE Bursa Malaysia KLCI( FBM KLCI) fell to its year low of 1, 374.64 on June 8, 2023, but the situat

KUALA LUMPUR: There is improving visibility for stocks on Bursa Malaysia in the upcoming fourth quarter( Q4). This is helped by the cooling of political temperature, resilient corporate earnings, high vaccination rate, strength in export-led manufacturing and commodities( crude oil and crude palm oil), and comparative asset class attraction versus bonds and deposits. Maybank Investment Bank( IB) Research said coupled with attractive valuations, especially in value and cyclical sectors, re-engagi