MONEY MASTER

  KUALA LUMPUR (Jan 31): Bursa Malaysia ended its half-day trading session on Monday (Jan 31) mixed as investors remained on the sidelines ahead of the Chinese New Year celebrations, an analyst said.  At 12.30pm, the benchmark FBM KLCI settled down 0.51% or 7.75 points at 1,512.27 from 1,520.02 at last Friday's close. The key index, which opened 0.3 of a point lower at 1,519.72, moved between 1,512.27 and 1,523.63 during the session.  Overall market breadth was positive with gainers outpacing losers 452 to 324, while 372 counters were unchanged, 1,100 untraded, and 52 others suspended. Total turnover declined to 1.21 billion units valued at RM1.09 billion versus the two billion units worth RM1.54 billion recorded for last Friday’s full-day session.  A dealer said among the indices, the plantation index dropped 114.64 points to 6,535.47, mainly dragged by Sime Darby Plantation Bhd (SDP). Last Friday, the US Customs and Border Protect...

  KUALA LUMPUR (Jan 28): Bursa Malaysia ended the week broadly higher due to bargain-hunting activities in the lower liners and technology stocks, an analyst said.  At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 0.27% or 4.03 points to 1,520.02 from 1,515.99 at Thursday's close. The key index, which opened 2.26 points higher at 1,518.25, moved between 1,517.96 and 1,522.95 during the trading session.  Overall market breadth was positive with gainers outpacing losers 494 to 361, while 441 counters were unchanged, 972 untraded, and 79 others suspended. Total turnover declined to 2.00 billion units valued at RM1.54 billion versus Thursday’s 2.22 billion units worth RM1.77 billion.  According to the analyst, the higher earnings in Apple Inc has somewhat lifted interest in the technology sector, as well as the Technology index.  Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said bargain hunting a...

  KUALA LUMPUR (Jan 27): Bursa Malaysia rebounded to end marginally higher due to bargain-hunting activities during the final hour of trading, said an analyst. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 0.02% or 0.23 of-a-point to 1,515.99 from 1,515.76 at Wednesday's close. The key index which opened 0.72 of-a-point higher at 1,516.48, moved between 1,510.64 and 1,518.61 during the trading session.  The overall market breadth was, however, negative with losers outpacing gainers 589 to 329, while 395 counters were unchanged, 947 untraded, and 31 others suspended. Total turnover declined to 2.22 billion units valued at RM1.77 billion versus Wednesday’s 2.36 billion units worth RM1.84 billion.  Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said key regional indices, meanwhile, closed mostly lower as investors weighed the likelihood that the US Federal Reserve would raise interest rates in March. Elsewhere, geopo...