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Market Daily Report: Bursa Malaysia Ends Higher On Blue-Chip Buying, Tracks Most Regional Markets

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
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Market Daily Report: Bursa erases earlier gains to close broadly lower

KUALA LUMPUR (June 30): Bursa Malaysia gave up modest gains earlier to close broadly lower on Friday (June 30) on persistent selling in selected heavyweights led by telecommunications and media as well as financial services counters. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 11.69 points, or 0.84%, to 1,376.68 from 1,388.37 at Wednesday’s close. The key index opened 0.15 of a point firmer at 1,388.52 on Friday morning and moved between 1,370.15 and 1,391.48 throughout the session. The broader market was also negative as losers thumped gainers 506 to 348, while 393 counters were unchanged, 1,077 untraded and 96 others suspended. Turnover narrowed to 2.65 billion units worth RM2.03 billion versus 2.82 billion units worth RM1.49 billion on Wednesday.
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Market Daily Report: Bursa closes marginally higher as sentiment improves

KUALA LUMPUR (June 28): Bursa Malaysia pared earlier gains but still ended marginally higher on Wednesday (June 28), in tandem with the improving sentiment in regional peers after a rally on Wall St overnight on a solid set of US economic data. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 1.63 points, or 0.12% to 1,388.37 from 1,386.74 at Tuesday’s June 27) close. The key index opened 0.93 of a point firmer at 1,387.67 in the morning — the lowest for the day — before rising as high as 1,394.56 during mid-session. The broader market was also positive as gainers outpaced decliners 395 to 388, while 416 counters were unchanged, 1,123 untraded and 84 others suspended. Turnover expanded to 2.82 billion units worth RM1.49 billion versus 2.59 billion units worth RM1.51 billion on Tuesday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said key regional indices ended broadly higher following positive cues from global equities. Regiona...
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Market Daily Report: Bursa ends lower as May producer price index slips

KUALA LUMPUR (June 27): Bursa Malaysia extended earlier losses to end lower for the second consecutive day as Malaysia’s producer price index (PPI) contracted 4.6% year-on-year (y-o-y) in May 2023, which is faster than expected as compared with a 3% drop in April, said an analyst.  At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.14 points or 0.23% to 1,386.74 from 1,389.88 at Monday’s close. The key index opened 0.99 of a point better at 1,390.87 in the morning and moved between 1,385.3 and 1,393.38 throughout the session. The broader market was also negative as decliners outpaced gainers 425 to 360, while 426 counters were unchanged, 1,124 untraded and 40 others suspended. Turnover increased marginally to 2.59 billion units worth RM1.51 billion versus 2.56 billion units worth RM1.41 billion on Monday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said key regional indices ended mostly higher, particularly in China an...
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