index( RSI) is robust at 63 points. The daily moving average convergence/ divergence( MACD) histogram

KUALA LUMPUR: The domestic market was seen rising in early trade, a day after it outperformed regional markets that had been spooked by the US Federal Reserve's hawkish statement on interest rates.... " Besides, traders may find opportunity in the technology sector on the back of strong results from Apple, while building material segments may stay positive amid selected metal-related rallies," said Malacca Securities Research in a report.... However, the research firm noted that the technical

KUALA LUMPUR: Ongoing window-dressing activities should continue to lift the FBM KLCI for the final trading day of the year, while another positive session on Wall Street should also support the rally.At the opening bell, Malaysia's benchmark stock index was up 0.16 points to 1, 457.57 as investors looked for a bullish close to 2023. Overnight, the Dow Jones and SP500 approached all-time highs while the Nasdaq was marginally lower on the back of profit-taking." The expectation of three interest

KUALA LUMPUR: The FBM KLCI started on a flattish note on Friday as it reopened for trading following the Sept 16 national holiday.... After a decline over five straight sessions, the market appears due for a rebound amid an inflow of foreign funds.... Month-to-date foreign investors have recorded a net purchase of RM904. 6mil in local equities, suggesting that the relaxation of the country's SOPs under the National Recovery Plan has rekindled foreign participation on the stock exchange....

KUALA LUMPUR: Bursa Malaysia rebounded on Thursday after the US equities market was spurred on by comments from Federal Reserve chairman Jerome Powell that cleared up some of the uncertainty surrounding its rate hike plans.... The thee major US stock indices closed higher in the range of 1.6% to 1.9% as the Fed chair said a 25bps rate hike would likely take place in March, less aggressive than the 50bps some had expected.... Maybank rose seven sen to RM9.01, Public Bank added two sen to RM4.43

KUALA LUMPUR: Bursa Malaysia bounced higher on encouragement from the strong rebound on Wall Street overnight as investors shrugged off fears over the Omicron strain of the Covid-19 virus.... Blue chips clambered higher as investors sought out bargains on the hope the rebound will have legs.... Public Bank rose five sen to RM3.93 and Peronas Chemicals gained nine sen to RM8.40....

KUALA LUMPUR: The FBM KLCI ended the morning session on a firm note, supported by gains in selected financial services counters, amid the weak sentiment on regional bourses.At 12.30 pm, the benchmark index added 5.78 points, or 0.4% to 1, 460.61. There were 425 gainers, 355 losers, and 432 counters traded unchanged on the Bursa Malaysia.... Turnover stood at 2.6 billion shares valued at RM1. 01bil. Among the banks, Maybank added four sen to RM9.17, Public Bank gained one sen to RM4.26, CIMB ros