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Market Daily Report: Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day.  The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...

Market Daily Report: Bursa Malaysia Ends On Weak Note Amid Subdued Regional Sentiment

KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia failed to sustain earlier gains and ended the week on a weaker note, weighed down by continued selling pressure in heavyweight and midcap stocks amid downbeat regional sentiment. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 10.63 points, or 0.70 per cent, to 1,508.35 from Thursday’s close of 1,518.98. The benchmark index opened 2.24 points higher at 1,521.22, and subsequently hit the day’s high of 1,522.06 in early trade before losing its steady momentum to close at its intraday low. On the broader market, decliners outnumbered gainers 616 to 336, while 417 counters were unchanged, 1,025 untraded and 86 suspended. Turnover fell to 3.21 billion units worth RM5.04 billion compared with Thursday’s 3.30 billion units worth RM2.22 billion.

Market Daily Report: Bursa Malaysia Bucks Regional Trend To End Lower, Sans Fresh Local Leads

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia bucked the regional trend to settle lower on Thursday, as selling pressure in selected banking heavyweights dampened sentiment, in the absence of fresh domestic catalysts coupled with an unexciting batch of corporate earnings releases, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 4.50 points, or 0.29 per cent, to 1,518.98 from Wednesday’s close of 1,523.48. The benchmark index opened 2.12 points higher at 1,525.60 and fluctuated between 1,518.38 and 1,526.94 throughout the day. In the broader market, decliners beat gainers 478 to 466, while 460 counters were unchanged, 982 untraded and 110 suspended. Turnover expanded to 3.30 billion units worth RM2.22 billion compared with Wednesday’s 2.50 billion units worth RM2.03 billion.

Market Daily Report: Bursa Malaysia Erases Earlier Gains To End Lower

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia failed to sustain earlier gains recorded for most part of the day to end lower on late selling, amid a mixed performance across regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 2.68 points to 1,523.48 from Tuesday’s close of 1,526.16. The benchmark index opened 3.98 points higher at 1,530.14, and subsequently hit the day’s high of 1,532.90 in early trade before losing its steady momentum to close at its intraday low. In the broader market, decliners beat gainers 474 to 435, with 499 counters unchanged, 988 untraded  and 50 suspended. Turnover declined to 2.50 billion units worth RM2.03 billion compared with Tuesday’s 2.65 billion units worth RM1.85 billion.

Market Daily Report: Bursa Malaysia Ends Lower On Profit-Taking In Financial Counters

KUALA LUMPUR, May 27 (Bernama) -- Bursa Malaysia ended lower as profit-taking in financial services counters weighed on the market, amid cautious sentiment across the regional market. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 8.14 points, or 0.53 per cent, to 1,526.16 from Monday’s close of 1,534.30. The benchmark index opened 0.94 of-a-point higher at 1,535.24, and fluctuate between 1,521.93 and 1,535.41 throughout the day. In the broader market, decliners outpaced gainers 575 to 338, with 474 counters unchanged, 1,008 untraded and 17 suspended. Turnover declined to 2.65 billion units worth RM1.85 billion compared with Monday’s 3.12 billion units worth RM1.63 billion.

Market Daily Report: Bursa Malaysia Closes Flat With Key Index Slightly Down

KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed flat on Monday with the key index down slightly, weighed by selling in telecommunication counters. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 1.08 points, or 0.07 per cent, to 1,534.30 from Friday’s close of 1,535.38. The benchmark index opened 0.95 of a point higher at 1,536.33, and fluctuated between 1,528.93 and 1,537.27 throughout the day. In the broader market, decliners thumped gainers 595 to 338, with 478 counters unchanged, 1,019 untraded and 42 suspended. Turnover improved to 3.12 billion units worth RM1.63 billion compared with Friday’s 2.72 billion units worth RM2.17 billion.

Market Daily Report: Bursa Malaysia Snaps 6-day Losing Streak, Ci Up On Bargain Hunting

 KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) snapped a six-day losing streak to close the week higher as bargain-hunting emerged due to improved risk sentiment.  At 5 pm, the FBM KLCI rose 8.36 points, or 0.55 per cent, to 1,535.38 from Thursday’s close of 1,527.02.  The benchmark index, which opened 4.91 points higher at 1,531.93, fluctuated between 1,531.76 and 1,536.75 throughout the day.  In the broader market, gainers beat losers 468 to 447, while 506 counters were unchanged, 998 untraded, and 41 suspended.  Turnover fell slightly to 2.72 billion units worth RM2.17 billion compared with Thursday’s 2.78 billion units worth RM2.15 billion.     

Market Daily Report: FBM KLCI Closes At Day's Low Amid Selling Pressure

KUALA LUMPUR, May 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) has extended its decline for a sixth consecutive session on Thursday, falling by 1.15 per cent to reach an intraday low amid continued selling pressure.  Mirroring the regional downtrend, the FBM KLCI dipped 17.78 points to 1,527.02 at 5pm from Wednesday’s close of 1,544.80. The benchmark index opened 3.34 points easier at 1,541.46 and stayed down for the rest of the trading session.  In the broader market, losers thumped gainers 660 to 298, while 496 counters were unchanged, 964 untraded and seven suspended.  Turnover fell to 2.78 billion units worth RM2.15 billion against Wednesday’s 3.27 billion units worth RM2.16 billion.    

Market Daily Report: FBM KLCI Extends Losing Streak For 5th Straight Session

 KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.07 points, or 0.26 per cent, to 1,544.80 from Tuesday’s close of 1,548.87.   The benchmark index opened 4.07 points higher at 1,552.94 and fluctuated between 1,542.47 and 1,553.84 throughout the trading session.  In the broader market, losers thumped gainers 649 to 342, while 464 counters were unchanged, 963 untraded, and seven suspended.  Turnover increased to 3.27 billion units worth RM2.16 billion against 2.61 billion units worth RM1.98 billion on Tuesday.   

Market Daily Report: Bursa Malaysia Ends Mixed

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia closed mixed today amid the absence of fresh leads.   At 5 pm, the benchmark index fell 7.27 points, or 0.47 per cent, to 1,548.87  from Monday’s close of 1,556.14. The benchmark index had opened 0.78 of-a-point higher at 1,556.92 and fluctuated between 1,545.77 and 1,561.10 throughout the trading session.  In the broader market, gainers edged losers 478 to 458, while 496 counters were unchanged, 977 untraded and 17 suspended.  Turnover decreased to 2.61 billion units worth RM1.98 billion against Monday’s 3.71 billion units worth RM2.27 billion.  

Market Daily Report: Bursa Malaysia Ends Lower In Line With Regional Markets

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended lower on Monday, mirroring the lacklustre performance across Asia as weak Chinese economic data and the recent downgrade of the United States’ sovereign credit rating weighed on regional market sentiment. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 15.61 points, or 0.99 per cent, to 1,556.14  from Friday’s close of 1,571.75. The benchmark index opened 5.18 points lower at 1,566.57 and fluctuated between 1,550.93 and 1,566.57 throughout the trading session.  In the broader market, losers thumped gainers 889 to 216, while 384 counters were unchanged, 906 untraded and 17 suspended.  Turnover increased to 3.71 billion units worth RM2.27 billion versus last Friday’s 2.91 billion units worth RM2.16 billion. 

Market Daily Report: Bursa Malaysia Ends Lower On Profit-taking

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia retreated from yesterday's gains to close in negative territory on Thursday as broad-based profit-taking following the recent uptrend mirrored the performance of most regional markets, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.49 points, or 0.66 per cent, to 1,573.02 from Wednesday’s close of 1,583.51. The benchmark index opened 0.76 of-a-point easier at 1,582.75, and reached a high of 1,586.85 in the early morning session before succumbing to selling pressure to dip to a low of 1,572.27 in the afternoon session. In the broader market, losers trounced gainers 626 to 459, while 453 counters were unchanged, 856 untraded and seven suspended. Turnover declined to 3.71 billion units worth RM2.74 billion against 4.20 billion units worth RM3.29 billion yesterday.

Market Daily Report: Late Buying Lifts Bursa Malaysia To Close Marginally Higher

KUALA LUMPUR, May 14 (Bernama) -- Bursa Malaysia reversed earlier losses to close in positive territory today, with the benchmark index edging higher on late buying across the board, supported by above-average trading volume which reflected renewed market sentiment, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.12 points, or 0.07 per cent, to close at 1,583.51 compared to Tuesday’s close of 1,582.39. The benchmark index opened 0.84 of-a-point higher at 1,583.23 and hit a low of 1,573.44 in the early session before steadily crawling back to a high of 1,583.67 in the late session. In the broader market, gainers trounced losers 762 to 360, while 449 counters were unchanged, 824 untraded and seven suspended. Turnover expanded to 4.20 billion units worth RM3.29 billion against 4.16 billion units worth RM4.48 billion on Tuesday.

Market Daily Report: Bursa Malaysia Hits Over Two-Month High On Trade Optimism

KUALA LUMPUR, May 13 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, soaring 2.32 per cent to a more than two-month high, buoyed by renewed risk-on sentiment as the United States (US) and China took significant steps to de-escalate trade tensions over the weekend. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) surged 2.32 per cent, or 35.89 points, to 1,582.39 from Friday’s close of 1,546.50. The market benchmark began the day 14.89 points higher at 1,561.39, its lowest level today, before steadily rising to reach an intraday high of 1,582.55 in the late afternoon session. In the broader market, gainers trounced losers 874 to 323, while 408 counters were unchanged, 778 untraded and eight suspended. Turnover expanded to 4.16 billion units worth RM4.48 billion compared to 2.94 billion units worth RM1.89 billion recorded last Friday.

Market Daily Report: Bursa Malaysia Ends Higher In Line With Regional Markets

KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia maintained its positive momentum to end higher today, supported by persistent buying in selected heavyweights, in line with the regional market uptrend, an analyst said.  At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.24 per cent, or 3.76 points, to 1,546.50 from yesterday’s close of 1,542.74. The market bellwether opened 2.25 points higher at 1,544.99, and moved between 1,542.74 and 1,547.74 throughout the day. In the broader market, however, losers marginally outpaced gainers 459 to 454, while 517 counters were unchanged, 937 untraded and 10 suspended. Turnover slipped to 2.94 billion units worth RM1.89 billion compared to 3.36 billion units worth RM2.71 recorded on Thursday.

Market Daily Report: Bursa Malaysia Erases Early Gains To End Lower

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia gave up early gains to close lower today, as profit-taking emerged in selected financial services counters, amid cautious sentiment on the regional market, an analyst said.  At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.46 per cent, or 7.16 points, to 1,542.74 from yesterday’s close of 1,549.90. Maybank and CIMB were the top two contributors to the benchmark index’s decline, falling 12 sen to RM9.88 and 8.0 sen to RM6.87, respectively, with a combined negative contribution of 3.55 points. The market bellwether opened 0.31 of-a-point higher at 1,550.21, and moved between 1,541.45 and 1,551.59 throughout the day. In the broader market, however, gainers outpaced losers 514 to 407, while 479 counters were unchanged, 951 untraded, and nine suspended.

Market Daily Report: Strong Buying In Heavyweights Lifts Bursa Malaysia To Intraday High

KUALA LUMPUR, May 7 (Bernama) -- Persistent buying in selected telecommunications and media, as well as utilities counters lifted Bursa Malaysia to end at an intraday high today, in line with positive momentum across the regional market, an analyst said.  At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 0.85 per cent, or 13.10 points, to 1,549.90 from yesterday’s close of 1,536.80. CelcomDigi and YTL Corp were the top two contributors to the benchmark index’s increase, rising 12 sen to RM3.91 and 11 sen to RM2.05, respectively, with a combined contribution of 4.50 points. The market bellwether opened 0.24 of-a-point lower at 1,536.56, its lowest point today, before climbing back up for the rest of the day towards closing.  In the broader market, gainers trounced losers 595 to 378, while 477 counters were unchanged, 885 untraded, and nine suspended.

Market Daily Report: Bursa Malaysia Closes Lower On Continued Profit-taking

KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia reversed early gains to close marginally lower today, dragged down by profit-taking in financial services as well as industrial products and services counters, an analyst said.  At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 0.18 per cent, or 2.74 points, to 1,536.80 from yesterday’s close of 1,539.54. CIMB and Petronas Chemicals were the top two contributors to the benchmark index’s decline, falling 18 sen to RM6.90 and 15 sen to RM3.30, respectively, with a combined negative contribution of 5.36 points. The market bellwether opened 1.10 points better at 1,540.64 and moved between 1,533.15 and 1,544.98 throughout the trading session.  In the broader market, losers trounced gainers 540 to 367, while 492 counters were unchanged, 936 untraded, and 17 suspended.

Market Daily Report: Bursa Malaysia Closes Marginally Lower On Profit-taking Activities

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia closed marginally lower due to profit-taking activities on telecommunications, construction and energy stocks, analysts said.  At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 0.19 per cent, or 2.95 points, to 1,539.54 from last Friday’s close of 1,542.49.  The market bellwether opened 0.71 of-a-point easier at 1,541.78 and moved between 1,534.52 and 1,548.95 throughout the trading session.  Turnover decreased to 2.34 billion units worth RM2.08 billion against Friday’s 2.73 billion units valued at RM2.46 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said key regional indices climbed modestly on the back of stronger local currencies, while trading volumes were light due to market closures in China and Hong Kong.

Market Daily Report: Bursa Malaysia Recoups Earlier Losses, CI Ends At Intraday High

KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia recouped earlier losses with the key index closing at its intraday high on Friday, in tandem with the positive regional market performance and late buying in telecommunications, construction, property, and data centre-related stocks. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.27 points, or 0.15 per cent, to 1,542.49 from Wednesday’s close of 1,540.22.  The exchange was closed on Thursday for the Labour Day holiday. The market bellwether opened 2.80 points lower at 1,537.42 and subsequently slid to a low of 1,532.23 in early trade before crawling back up to its intraday high at closing. Market breadth was positive with 744 gainers thumping 311 decliners, while 449 counters were unchanged, 840 untraded, and 20 suspended.