MONEY MASTER

  KUALA LUMPUR (April 30): The FBM KLCI closed 0.43% lower today in line with declines seen across regional markets amid the announcement of weak manufacturing data from China, as well as concerns over the country’s clampdown on technology companies. The benchmark index opened higher before subsequently descending into negative territory within the first hour of trading, settling 6.8 points or 0.43% lower to close at 1,601.65. Week-on-week, the index fell 0.42% from its closing of 1,608.43 last Friday. Kuala Lumpur Kepong Bhd, Hong Leong Financial Group Bhd and Hartalega Holdings Bhd were among the index-linked decliners, dropping 3.5%, 2.5% and 1.2% respectively. Meanwhile, the gainers were led by Petronas Dagangan Bhd, which rose 38 sen or 1.9% to RM20.16. Lotte Chemical Titan Holding Bhd was also among top gainers as its share price jumped 9.5% to a two-year high of RM3.23, as analysts upgraded their forecasts for the group amid rising optimism on strong earnings g...

    KUALA LUMPUR (April 28): The FBM KLCI finished 0.11% or 1.82 points higher today at 1,608.5, in line with the gains seen among other regional markets. The index’s leaders today were Kuala Lumpur Kepong Bhd (KLK), Petronas Chemicals Group Bhd (PetChem) and Genting Bhd. Specifically, KLK closed 4.59% or RM1 higher today at RM22.8 per share. Meanwhile, PetChem was 3.31% or 26 sen higher at RM8.11. Genting was 3.27% or 16 sen higher at RM5.05 per share. Conversely, index-linked rubber glove counters were the top laggards today, continuing the declines seen yesterday. Supermax Corp Bhd was down 3.77% or 23 sen at RM5.87, while Hartalega Holdings Bhd was 2.8% or 30 sen lower at RM10.40. Meanwhile, Top Glove Corp Bhd was down 1.9% or 11 sen at RM5.67 apiece. Across Bursa Malaysia, 6.49 billion shares worth RM3.78 billion were traded today. The number of gainers on the local bourse stood at 457, in contrast to 586 decliners and 438 counters that were unchanged. ...

  KUALA LUMPUR (April 27): The FBM KLCI broke a two-day gaining streak to close lower in cautious trading today in line with the trend in most regional markets. The benchmark index closed 16.79 points or 1.03% lower at 1,606.68. Areca Capital Sdn Bhd CEO Danny Wong said the generally bearish sentiment was also seen in other regional markets, as cautious investors awaited the outcome of the upcoming US Federal Reserve meeting. Wong said the KLCI's decline was also caused by profit-taking in several stocks. They included glove counters Hartalega Holdings Bhd (down 4.29% or 48 sen at RM10.70) and Supermax Corp Bhd (2.87% or 18 sen lower at RM6.10), as well as Digi.Com Bhd (down 3.22% or 14 sen at RM4.12). Gainers among KLCI constituents included Axiata Group Bhd (up 1.04% or four sen at RM3.87) and Kuala Lumpur Kepong Bhd (up 0.09% or two sen at RM21.80). On the broader market, some 7.17 billion shares worth RM5 billion were traded. Losers outnumbered gainers 686 ...