Join our Whatsapp channel KARACHI: The stock market continued its northward journey on Tuesday as the benchmark KSE 100 index surpassed the 115, 000 barrier in intraday trading but failed to sustain gains above this level on profit-taking.... Topline Securities Ltd noted that the benchmark KSE 100 index rally was supported by local fund buying.... However, profit-taking at the day’s high did generate some selling pressure, substantially trimming early gains....

sentiment swung to the upside amid a convergence of bullish developments.... The Dow Jones Industrial

sentiment on Bursa Malaysia stayed bullish.... Among key Bursa heavyweights, Maybank was up two sen to RM

KUALA LUMPUR: Bursa Malaysia remained bullish at the start of the week as investor sentiment was

KUALA LUMPUR: Hong Leong Investment Bank( HLIB) research believes the claiming of Sports Toto's Bhd record-breaking jackpot will continue to spur interest in the game and lift the numbers forecast operator's( NFO) earnings in subsequent quarters. The NFO recently announced core earnings of RM85. 2mil for the third quarter of its 2022 financial year, which beat analyst expectations, as jackpot sales were higher than anticipated. According to HLIB, the improved 3QFY22 results was owing to a punter

He stated that today’s maiden session of the 16th National Assembly, where newly elected representatives were sworn in, provided “ clarity on the formation of new government ”.... Shahab Farooq, director of research for Next Capital Limited, said that the market continued its positive momentum due to “ the first session of the new National Assembly scheduled today ”.... He said that three Pakistani companies were added to the MSCI FM index and 19 companies were added to the MSCI FM small cap i

The rupee, however, depreciated marginally by 41 paise week-on-week, closing at Rs284.87 per US dollar. AKD Securities Ltd noted that sectoral updates also pointed to recovery.... Large-Scale Manufacturing( LSM) output rose by 2. 3pc year-on-year in May and 7. 9pc on a monthly basis.... However, LSM output contracted 1. 2pc year-on-year during 11MFY25....

dollar also helped improve investors’ sentiments.... According to Ahsan Mehanti of Arif Habib

KUALA LUMPUR: The FBM KLCI maintained its early lead amid the growing recovery theme on the market and rising commodities prices.... At 12. 30pm, the key index was up 7.08 points to 1, 560.45, with certain bank stocks continuing their advance ahead of their earnings resultss later this week.... Financial counters on the rise included Maybank up two sen to RM8.34 and CIMB adding two sen to RM4.85....

gradual improvement in sentiment, backed by a projected global demand recovery and expanding trade