Wednesday, 12 May 2021 11:56 AM MYT
Strong buying momentum was also seen in the small capitalisation stocks which saw the FBM SCAP Index surging 136.0 points to 16,611.04. Picture by Firdaus Latif
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KUALA LUMPUR, May 12 Bursa Malaysia was slightly higher at mid-morning despite a minor volatility in its key index amid the emergence of bargain-hunting ahead of the long holiday break.
At 11.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added 0.98 of-a-point to 1,578.62 from Tuesday’s close of 1,577.64 on buying support from the banking and rubber glove stocks.
Wednesday, 12 May 2021 01:55 PM MYT
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded from its recent losses to finish the day 4.88 points higher at 1,582.52 against 1,577.64 at yesterday s close. Picture by Firdaus Latif
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KUALA LUMPUR, May 12 ― Bursa Malaysia ended the half-day trading day today modestly higher despite minor volatility in its key index, thanks to gains in banking and rubber glove stocks.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded from its recent losses to finish the day 4.88 points higher at 1,582.52 against 1,577.64 at Tuesday s close.
Wednesday, 12 May 2021 10:13 AM MYT
On the broader market, losers outpaced gainers 267 to 131, while 290 counters were unchanged, 1,503 untraded and 12 others suspended. Bernama pic
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KUALA LUMPUR, May 12 Bursa Malaysia recovered from yesterday’s losses to open higher on Wednesday, thanks to buying support in the index-linked counters led by Public Bank.
At 9.05am, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) gained 1.34 points to 1,578.98 from Tuesday’s close of 1,577.64.
The index opened 1.35 points weaker at 1,576.29.
Public Bank, which posted a higher net profit in the first quarter of 2021(1Q21), rose 11 sen to RM4.21, lifting the composite index by substantial 4.042 points.
Tuesday, 11 May 2021 04:04 PM MYT
Bursa Malaysia resumed the afternoon session on a weak note with selling spotted across the board as the nationwide expansion of the movement control order weighed on market sentiment. Bernama pic
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KUALA LUMPUR, May 11 Bursa Malaysia resumed the afternoon session on a weak note with selling spotted across the board as the nationwide expansion of the movement control order weighed on market sentiment.
At 3.07pm, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) contracted 10.65 points to 1,573.27 from Monday’s close of 1,583.92.
Bursa Malaysia ends lower as nationwide MCO weighs on market 11 May 2021 / 18:14 H.
KUALA
LUMPUR: Bursa Malaysia closed lower for the second consecutive day today with selling spotted across the board as the nationwide expansion of the movement control order (MCO) weighed on market sentiment.
Nevertheless, the better-than-expected first-quarter 2021 (Q1 2021) gross domestic product (GDP) performance helped to cushion the downside.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.28 points or 0.39 per cent to 1,577.64 from Monday’s close of 1,583.92.
The key index, which opened 4.61 points weaker at 1,579.31 this morning, fluctuated between 1,571.96 and 1,581.26 throughout the session.
Overall market breadth was negative as losers greatly outnumbered gainers 980 to 199, while 360 counters were unchanged, 629 untraded, and 12 others suspended.