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FBM KLCI kicks off the year of the Metal Ox with 0 5% gain

KUALA LUMPUR (Feb 15): The FBM KLCI kicked off the first trading day after the Lunar New Year break, with a gain of 0.54% or 8.65 points to settle at 1,608.07. The local benchmark index climbed after constituents MISC Bhd, RHB Bank Bhd and Genting Malaysia (GenM) posted gains.

Low retail participation in stock market during MCO 2 0 so far

KUALA LUMPUR (Jan 27): Retail interest has yet to heat up in the new year. While retail investors were seen flocking to the stock market shortly after the implementation of the Movement Control Order (MCO) in March last year, it has been quite a different scenario in MCO 2.0.     It is now three weeks in MCO 2.0 since Jan 13 and the daily trading volume on the stock exchange has been below eight billion shares. The highest daily trading volume since the return to a strict lockdown (which has now been extended to all States, save for Sarawak, until Feb 4), was on Monday when there were 7.48 billion shares traded worth RM5.16 billion.

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