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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Market Daily Report: FBM KLCI Rebounds On Bargain Hunting In Banking, Telco Stocks

KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses. At 5 pm, the benchmark index edged up 1.60 points, or 0.10 per cent, to 1,602.41 from Thursday’s close of 1,600.81.  The FBM KLCI opened 2.73 points higher at 1,603.54 and moved between 1,599.71 and 1,605.74 throughout the day.  The overall market breadth was slightly negative with 530 losers and 443 gainers, while 551 counters were unchanged, 845 untraded, and 19 others suspended. Turnover narrowed to 2.52 billion units valued at RM2.42 billion against Thursday’s 3.49 billion units valued at RM2.93 billion. UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan said the barometer...