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Market Daily Report: Bursa Malaysia Ends Marginally Lower Amid Lack Of Fresh Catalysts

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.

Market Daily Report: Bursa recoups early losses to end higher on bargain-hunting

KUALA LUMPUR (Nov 30): Bursa Malaysia recouped early losses to end in the positive territory on Wednesday (Nov 30) as bargain-hunting emerged in selected heavyweights in utilities, consumer products and services, as well as industrial products and services counters. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 11.84 points to 1,488.8 from Tuesday's closing of 1,476.96. The market bellwether opened 0.74 of-a-point lower at 1,476.22, and moved between 1,464.81 and 1,489.78 throughout the day. Market breadth was positive with gainers leading losers 524 to 468, while 381 counters were unchanged, 917 untraded, and 67 others suspended. Turnover expanded to 4.71 billion units worth RM4.41 billion versus 3.4 billion units worth RM2.47 billion on Tuesday. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the regional key indices trended mostly higher with strong gains in Hong Kong after Beijing announced multiple measures to ease the strict lo...

Market Daily Report: Bursa ends in negative territory as profit taking continues

KUALA LUMPUR (Nov 29): Bursa Malaysia ended the day in negative territory as profit-taking activities continue following the strong rally last Thursday (Nov 24). Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the benchmark index closed off its day’s low as buying activities emerged in the afternoon trading session. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.58 points to 1,476.96 from last Friday's closing of 1,486.54. The market bellwether opened 2.77 points easier at 1,483.77 and moved between 1,467.26 and 1,486.68 throughout the session. However, market breadth was positive with gainers leading losers 564 to 409, while 358 counters were unchanged, 927 untraded, and 67 others suspended. Turnover dropped to 3.4 billion units worth RM2.47 billion versus 4.41 billion units worth RM2.75 billion last Friday. Bursa Malaysia Bhd and its subsidiaries were closed on Monday (Nov 28) in conjunction with the special public holiday ann...

Market Daily Report: FBM KLCI slips 1% to below 1,500 level

KUALA LUMPUR (Nov 25): Bursa Malaysia reversed Thursday's (Nov 24) strong gains with the key index closing below the 1,500 psychological mark on Friday on profit taking and a weak external front. The FTSE Bursa Malaysia KLCI (FBM KLCI) surged 4.04% on Thursday, partly driven by the appointment of Datuk Seri Anwar Ibrahim as Malaysia's 10th prime minister. At 5pm, the benchmark index fell 15.34 points or 1.02% to finish at 1,486.54, from 1,501.88 on Thursday. The market bellwether, which opened 0.18 of-a-point lower at 1,501.7 on Friday morning, subsequently moved to its day's high at 1,504.16, but thereafter slipped to its intraday low of 1,481.38 during the mid-morning session. Market breadth was weaker with decliners outpacing advancers 630 to 346, while 361 counters were unchanged, 926 untraded, and 15 others suspended. Turnover dwindled to 4.41 billion units worth RM2.75 billion versus 6.87 billion units worth RM4.19 billion on Thursday.  Losses in techn...