KUALA LUMPUR: Pelikan International Corp Bhd saw strong buying interest in early trade Friday

KUALA LUMPUR: Pelikan international Corporation Bhd( PICB) plans to use RM120. 64mil from the sale

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KUALA LUMPUR: The mild gains on Bursa Malaysia in the previous session pointed to cautious buying despite ongoing bullishness on Wall Street. According to Apex Securities Research, there could be window dressing activities taking place among blue chips while lower liners are expected to build on recent gains due to the calmer market conditions." Still, any gains will be measured as trading activities thinned ahead of the extended weekend break," it said in a note.At the open, the benchmark FBM K

KUALA LUMPUR: Bursa Malaysia rose after a slow start as investors capitalised on the year-end window-dressing activities, and positive sentiment over anticipated rate cuts in the coming year.At 12. 30pm, the benchmark FBM KLCI was up 3.4 points to 1, 457.62, in line with the bullish performance of regional markets. The lower liners, however, did not perform as well, with 410 decliners compared to 363 gainers on the broader market. There were 2.4 billion shares exchanging hands for RM1. 18bil. Am

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