Bursa Malaysia eased at the early session today in line with the weaker overnight performance of Wall Street. — Picture by Hari Angara
The benchmark FTSE Bursa Malaysia KLCI eased 0.02 of-a-point to 1,631.31, after opening 0.25 of-a-point higher at 1,631.17. “Technically, we expect the FBM KLCI to range between 1,620 and 1,640 today. Downside supports are back at 1,627 and 1,615,” it added. The FBM Emas Index eased 2.7 points to 11,559.04, the FBMT 100 Index went down 5.22 points to 11,386.39 but the FBM Ace Index increased 6.5 points to 4,678.07.
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Bursa Malaysia keeps missing out on global rallyThe benchmark FTSE Bursa Malaysia KLCI Index is down 14% from a record in May 2018.
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Key heavyweights push Bursa lower at opening | Malay MailKUALA LUMPUR, April 11 — The FTSE Bursa Malaysia KLCI (FBM KLCI) were lower at early trade today, brought down by weak heavyweights — Tenaga, PetChem, Nestle and Dialog, despite the lower liners continued strength. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index declined 3.12...
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Bursa continues retreat at mid-afternoon | Malay MailKUALA LUMPUR, April 10 — Bursa Malaysia was lower at mid-afternoon today on continuous selling in heavyweights, led by PetChem, Axiata, Malaysia Airports and Maybank. At 3pm, the key FTSE Bursa Malaysia KLCI (FBM KLCI) went down 4.77 points to 1,637.17 from 1.641.94 yesterday. The index opened...
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Bursa down at midday | Malay MailKUALA LUMPUR, April 10 — Bursa Malaysia ended the morning session lower on persistent selling in heavyweights, mainly PetChem, Axiata, Maxis and Malaysia Airports. At 12.30pm, the key FTSE Bursa Malaysia KLCI (FBM KLCI) losses widened by 4.69 points to 1,637.25 from 1.641.94 yesterday, after...
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Bursa Malaysia ends volatile week on firmer note | Malay MailKUALA LUMPUR, April 12 — Bursa Malaysia ended the week on a higher note after three consecutive days of losses, boosted by gains in heavyweights such as Tenaga, Axiata and Malaysia Airports. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.94 points to 1,630.17 from...
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Bursa Malaysia set to stage technical rebound next week | Malay MailKUALA LUMPUR, April 13 ― Bursa Malaysia is likely to stage a technical rebound next week with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) hovering at the 1,640 level. Phillip Capital Management Malaysia senior vice-president (investment) Datuk Dr Mohd Nazri Khan Adam Khan said foreign...
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KL shares in the red after mild profit taking | Malay MailKUALA LUMPUR, April 9 — Shares on Bursa Malaysia were lower in early trade today, after failing to sustain earlier gains on mild profit-taking in the telecommunication sector. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index, which opened 0.84 of a point higher at 1,645.19, retreated after...
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Bursa opens easier | Malay MailKUALA LUMPUR, April 10 — Shares on Bursa Malaysia were easier at the opening today amid tepid trading. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index stood at 1,640.75, down by 1.19 points from 1.641.94 yesterday. The index opened 0.11 of a point lower at 1,641.83. On the...
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Bursa Malaysia falls to 52-week low | Malay MailKUALA LUMPUR, April 11 — Bursa Malaysia fell to a 52-week low today with 25 of the benchmark index’s heavyweight stocks in the red and Tenaga being the main drag. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 15.23 points to 1,624.23 from 1,639.46 yesterday. The index, which opened... Malaysia baharu!! Brace for lower growth. Infrastructure expenditures cut. Hospitality industry to nose dive. Manufacturing industries lay offs. Taxes up. Public disposable income depleted. Less consumer spending. Unemployment rampant. Recession.
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Bursa Malaysia ends lower for second straight day | Malay MailKUALA LUMPUR, April 10 — Bursa Malaysia ended lower for two consecutive days today amid selling in key heavyweights on risk aversion due to external factors. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) went down 2.48 points to 1,639.46 from 1,641.94 yesterday, following losses in...
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