Shares on Bursa Malaysia remain in recovery mode with bargain hunters making an early start. — Picture by Ahmad Zamzahuri
At yesterday's close, both the Dow and S&P 500 rose 0.8 per cent each to 25,532.05 and 2,834.41, respectively. “Hence, the FBM KLCI’s ebbs and gains will be largely dictated by developments on the issue for longer,” the research house added.
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Bursa Malaysia opens lower on cautious sentiment | Malay MailKUALA LUMPUR, May 9 ― Bursa Malaysia opened lower amid cautious sentiment, due to the escalating US-China trade war. At 9.02am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.29 points to 1,629.26, from yesterday's close of 1,633.55. The index opened 3.94 points easier at 1,629.61....
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Bursa Malaysia remains in the red at mid morning | Malay MailKUALA LUMPUR, May 8 ― Bursa Malaysia remained in the red on persistent selling in blue chips over the uncertainties of US-China trade war. At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) lost 10.83 points to 1,628.54, from yesterday's close of 1,639.37. The benchmark index eased 3.81...
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Bursa Malaysia ends lower in tracking Asian shares | Malay MailKUALA LUMPUR, May 9 — Bursa Malaysia ended the day in the red on persistent selling across the board, amid weaker regional equities, and the recent reduction in the overnight policy rate (OPR) by Bank Negara Malaysia. The benchmark FTSE Bursa Malaysia KLCI lost 15.02 points to 1,618.53 against...
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Bursa Malaysia to trend lower next week | Malay MailKUALA LUMPUR, May 11 ― Bursa Malaysia is expected to trend lower next week, under pressure by a weak ringgit, commodities prices and Wall Street’s performance. However, analysts remain optimistic that the weaknesses, including the ongoing US and China trade war as well as bearish technical... Malaysia Bahru
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Bursa Malaysia ends morning session lower | Malay MailKUALA LUMPUR, May 8 ― Bursa Malaysia and its regional peers finished the morning session lower, tracking losses on Wall Street, with cautious investors eyeing the next US-China trade talks tomorrow. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.22 points to 1,632.15 from...
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Bursa Malaysia lower at mid-afternoon | Malay MailKUALA LUMPUR, May 8 ― Bursa Malaysia was lower at the mid-afternoon session today in line with regional equities amid renewed threats of a trade war between China and the US, as well as the prospects of an economic downtrend. At 3pm, the index down 8.81 points to 1,630.56 after opening 3.81...
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Bursa Malaysia ends trading on negative note | Malay MailKUALA LUMPUR, May 10 — Bursa Malaysia finished trading today on a negative note, in sync with some key regional bourses amid mounting worries over the global economy outlook. The jitters in the external market sparked by the ongoing US-China two-day trade meeting have spilled over into...
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Bursa Malaysia ends weaker on broad selloff | Malay MailKUALA LUMPUR, May 13 — Bursa Malaysia suffered a broad decline today amid worries over the weak first-quarter earnings season and liquidity as well as the escalation in the US-China trade war. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) tumbled to its lowest since June 2016 to 1,601.09, a...
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Bursa Malaysia rebounds, but settles below 1,600 psychological level | Malay MailKUALA LUMPUR, May 14 — The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded from earlier losses to finish the day just a whisker below the 1,600 psychological level, on fresh hopes over the US-China trade deal after US President Donald Trump said he will meet President Xi Jinping at the G20 Summit...
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Bursa opens in the red | Malay MailKUALA LUMPUR, May 14 — Bursa Malaysia opened sharply lower today with 29 KLCI — components stocks were trading in the red, tracking global rout after China announced plans to impose higher tariffs on UUS$60 billion worth of US goods. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)...
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