KUALA LUMPUR, Feb 17 — Bursa Malaysia has continued its downtrend to open lower today, taking its cue from the negative Wall Street performance amidst cautious market sentiments.
KUALA LUMPUR, Feb 15 — Bursa Malaysia continued to stay in the red across the board at midday as the overall market sentiment remained weak, weighed down by profit-taking in selected heavyweight stocks, a dealer said.
KUALA LUMPUR, Feb 11 — Bursa Malaysia is likely to trend sideways with slightly positive bias within the 1,470-1,490 range next week after a strong set of 2022 gross domestic product (GDP) data was released on Friday, a dealer said.
KUALA LUMPUR, Feb 10 — The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded on Friday, snapping a three-day losing streak and bucking the regional trend as market participants cheered the slightly better-than-expected 2022 gross domestic product (GDP) data, a dealer said.
KUALA LUMPUR, Feb 10 — Bursa Malaysia ended the morning session higher, with the key index rising by 0.56 per cent, supported by the positive 2022 gross domestic product (GDP) figures, a dealer said.
KUALA LUMPUR, Feb 9 — Bursa Malaysia remained lower at mid-morning, weighed down by selling in selected heavyweights, a dealer said.
KUALA LUMPUR, Feb 9 — Bursa Malaysia opened marginally higher on Thursday but retreated within minutes, taking its cue from the weaker Wall Street performance overnight amidst persistent worries over the United States (US) interest rate hikes, a dealer.
KUALA LUMPUR, Feb 4 — Bursa Malaysia is expected to be muted in the upcoming holiday-shortened trading week as investor sentiment is likely to remain soft for the time being due to external factors, although bargain hunting may prevail given the attractive valuations.
KUALA LUMPUR, Jan 13 — Bursa Malaysia opened higher on Friday on positive sentiment after the latest US Consumer Price Index (CPI) figures showed inflation in the United States has continued to decline, spurring hopes for softer interest rates going forward.
KUALA LUMPUR, Jan 12 — Bursa Malaysia opened higher for the second consecutive day, tracking gains on Wall Street as traders became more confident about inflation cooling down in the United States (US) and the effectiveness of the Federal Reserve’s previous rate hikes, said a dealer.
KUALA LUMPUR, Jan 11 — Bursa Malaysia opened higher but turned marginally lower thereafter, taking the cue from the mixed regional market performances amid improved overnight performance on Wall Street, said a dealer.
KUALA LUMPUR, Jan 10 — Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday amid mixed sentiments on Wall Street overnight following the United States (US) Federal Reserve’s projection that interest rates may exceed five per cent this year, a dealer said.
KUALA LUMPUR, Jan 9 — Bursa Malaysia opened higher on Monday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising 0.31 per cent to 1,485.14 points on renewed buying interest, lifted mainly by gains in transportation and logistics stocks, said a dealer.
KUALA LUMPUR, Jan 4 — CGS-CIMB Securities Sdn Bhd expects the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to finish 2023 at 1,633, up by nine per cent against 1,495 at end-2022.
KUALA LUMPUR, Dec 30 — Headline inflation continues to remain stable at 4.0 per cent in November 2022, similar to October 2022, as the increase in core inflation was offset by lower inflation in other categories, namely fuel and fresh food, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Dec 10 — Bursa Malaysia is likely to trend higher next week, with the key index to hover in the 1,470-1,500 range next week, said an analyst.
KUALA LUMPUR, Dec 7 — MIDF Research expects the equity market to rebound next year, with the FBM KLCI to reach 1,700 points, at an implied price-earning ratio 2023 (PER23) of 15 times.
KUALA LUMPUR, Nov 25 — CGS-CIMB Securities has raised its end-2022 forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,602 points from 1,484 points on the back of easing political instability, as the market is likely to react positively to the newly-formed government.
KUALA LUMPUR, Nov 16 — Bursa Malaysia extended its loss today amid a weaker regional market performance and as cautious investors offloaded shares ahead of the 15th general election (GE15), a dealer said.
KUALA LUMPUR, Oct 29 — Interest-rate jitters are set to induce fresh anxiety in the local equities market and weigh on risk sentiment next week as investors await the outcome of the Federal Open Market Committee and Bank Negara Malaysia's (BNM) November meetings.
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