KUALA LUMPUR (March 17): The FBM KLCI erased losses to close marginally higher today on last-minute buying interest ahead of the government’s announcement of a new stimulus package.
The benchmark index closed 1.01 points or 0.06% higher at 1,624.97 after having stayed in negative territory for the most part of the trading session.
A remisier, Jeffry Azizi Jaafar, said the drop in the index earlier was due to a correction in prices following the rally in the past three weeks.
“The market saw financial, plantation and technology [stocks] fall due to a consolidation after recent strong gains on market recovery optimism, driven by the ongoing vaccination programme and a decline in daily [new] Covid-19 infections,” he told
KUALA LUMPUR (Feb 10): The main index at Bursa Malaysia eked out limited gains at the midday break today as investor sentiment turned tepid.
At 12.30pm, the FBM KLCI was up 1.05 points at 1,587.18. The index had earlier risen to a high of 1,592.27.
Losers led gainers by 443 to 274, while 731 counters traded unchanged. Trading volume was 2.97 billion shares valued at RM1.83 billion.
The gainers included Ann Joo Resources Bhd, Hartalega Holdings Bhd, Cymao Holdings Bhd, Euro Holdings Bhd, Widetech (M) Bhd, Aeon Credit Service (M) Bhd and Paragon Union Bhd.
The actively traded stocks included Dagang NeXchange Bhd, AirAsia X Bhd, EA Holdings Bhd, Velesto Energy Bhd, Iris Corp Bhd, Lion Industries Bhd, Opcom Holdings Bhd, AirAsia Group Bhd, Yong Tai Bhd and Foundpac Group Bhd.
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.
KUALA LUMPUR (Jan 21): The main index of Bursa Malaysia pared some of its gains in the mid-morning today as sentiment remained guarded on still-high local Covid-19 cases.
At 10am, the FBM KLCI was up 6.81 points at 1,608.35. The index earlier rose to a high of 1,615.22.
Losers overtook gainers by 425 to 362, while 416 counters traded unchanged. Trading volume was 1.64 billion shares valued at RM956.81 million.
The gainers included Panasonic Manufacturing Malaysia Bhd, Nestle (Malaysia) Bhd, Public Bank Bhd, JF Technology Bhd, Amtel Holdings Bhd and HPP Holdings Bhd.
The actively traded stocks included AT Systematization Bhd, HPP, Fintec Global Bhd, Dagang NeXchange Bhd (DNeX), DGB Asia Bhd, JF Technology, KTG Bhd and Inix Technologies Holdings Bhd.
KUALA LUMPUR (Jan 20): Based on corporate announcements and news flow today, stocks that may be in focus on Thursday (Jan 21) include Zhulian Corp Bhd, Tenaga Nasional Bhd, Hibiscus Petroleum Bhd, Axis REIT, Malaysia Airports Holdings Bhd, AirAsia Group Bhd, Widad Group Bhd, YTL Corp Bhd, FGV Holdings Bhd, INIX Technologies Bhd, Public Bank Bhd and Cymao Holdings Bhd
Zhulian Corp Bhd’s net profit rose 49% to RM13.55 million for the fourth quarter ended Nov 30, 2020, from RM9.1 million a year earlier, thanks to higher revenue. Earnings per share climbed to 2.95 sen from 1.98 sen. Revenue for the quarter increased 11.46% to RM43.6 million from RM39.12 million previously. With better earnings in the quarter, the group declared a fourth interim dividend of three sen per share, as well as a special dividend of five sen per share, amounting to a total of eight sen, which will be paid on March 10. It had declared six sen in the same period last year.