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KLCI rises 0 57% in line with global stocks as renewed optimism lifts sentiment

The main index at Bursa Malaysia rose 0.57% in early trade on Thursday in line with regional markets as renewed optimism over US fiscal spending lifted global investor sentiment. At 9.10am, the FBM KLCI rose 9.19 points to 1,610.73.d

KLCI slips below 1,600 level as impact of expanded MCO weighs on sentiment

KUALA LUMPUR (Jan 21): The main index at Bursa Malaysia reversed its earlier gains and slipped to below the 1,600-point level at the midday break today as investors digested the impact of the expanded movement control order (MCO) restrictions, against the backdrop of firm regional markets. At 12.30pm, the FBM KLCI dipped 3.37 points to 1,598.17. The index had earlier risen to a high of 1,615.22. Losers led gainers by 471 to 239, while 751 counters traded unchanged. Trading volume was 3.85 billion shares valued at RM2.19 billion. The top losers included Euro Holdings Bhd, Cymao Holdings Bhd, KESM Industries Bhd, PPB Group Bhd, PM Technology Bhd, Petronas Chemicals Group Bhd, Time dotCom Bhd, Genetec Technology Bhd and GHL Systems Bhd.

KLCI remains lacklustre on reinstatement of MCO, proclamation of emergency

KUALA LUMPUR (Jan 12): The main index of Bursa Malaysia remained lacklustre today following the reinstatement of the movement control order (MCO) in several states. Yang di-Pertuan Agong Al-Sultan Abdullah Ri ayatuddin Al-Mustafa Billah Shah today also consented to the proclamation of emergency until Aug 1, 2021 to contain Covid-19. At 10am, the FBM KLCI had lost 10.77 points to 1,606.48. Market breadth was negative with 511 losers and 321 gainers, while 393 counters traded unchanged. Trading volume was 1.88 billion shares valued at RM1.26 billion. The decliners included Carlsberg Brewery Malaysia Bhd, Public Bank Bhd, PPB Group Bhd, Hong Leong Industries Bhd, Heineken Malaysia Bhd, Hong Leong Bank Bhd (HLB), KPower Bhd, UWC Bhd and Euro Holdings Bhd.

KLCI opens lower following reinstatement of MCO

KUALA LUMPUR (Jan 12): The main index at Bursa Malaysia opened lower on Tuesday following the reinstatement of the Movement Control Order (MCO) in several states. The government reinstated the MCO in the states of Penang, Selangor, Melaka, Johor and Sabah as well as the federal territories of Kuala Lumpur, Putrajaya and Labuan for a two-week period starting Jan 13.

KLCI sentiment stays negative amid lockdown fears

KUALA LUMPUR (Jan 11): The main index at Bursa Malaysia started the week on a cautious note as investors weighed the impending announcement by Prime Minister Tan Sri Muhyiddin Yassin later in the day in relation to the still high coronavirus figures in the country. Yesterday, Malaysians were told to stop spreading unverified information concerning speculations about the possible re-implementation of the Movement Control Order (MCO).

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