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KLCI pares loss but sentiment stays negative as tech stocks face selling pressure


KUALA LUMPUR (Feb 26): The main index at Bursa Malaysia pared some of its loss at the midday break Friday, against the backdrop of skidding regional markets, while technology-related stocks on Bursa Malaysia came under selling pressure.
The fate of technology stocks mirrored the overnight performance at Wall Street where tech darlings all suffered, with Apple Inc, Tesla Inc, Amazon.com Inc, NVIDIA Corp and Microsoft Corp the biggest drags.
At 12.30pm, the FBM KLCI was down 3.78 points to 1,577.76. The index had earlier slipped to a low of 1,577.53.
Market breadth was negative with 617 losers and 202 gainers, while 716 counters traded unchanged. Trading volume was 6.04 billion shares valued at RM3.29 billion. ....

Kuala Lumpur , United States , Tenaga Nasional Bhd , Nestlem Bhd , Petronas Dagangan Bhd , Edgenta Bhd , Industronics Bhd , Dagang Nexchange Bhd , Unisemm Bhd , Pentamaster Corp Bhd , Fraser Neave Holdings Bhd , Tesla Inc , Hong Leong Financial Group Bhd , Puncak Niaga Holdings Bhd , Dataprep Holdings Bhd , Microsoft Corp , Aeon Credit Servicem Bhd , Malaysia Holdings Bhd , Hengyuan Refining Company Bhd , Apple Inc , Malaysian Pacific Industries Bhd , Sarawak Oil Palms Bhd , Hong Leong Ib Research , Bursa Malaysia , Wall Street , British American Tobacco ,

KLCI slips as regional markets succumb to profit-taking


KUALA LUMPUR (Feb 18): The main index at Bursa Malaysia slipped at the midday break Thursday as regional markets succumbed to profit-taking.
At 12.30pm, the FBM KLCI dipped 3.52 points to 1,591.77. The index had earlier risen to a high of 1,599.31.
Sentiment turned tepid with 531 losers and 325 gainers, while 677 counters traded unchanged. Trading volume was 8.47 billion shares valued at RM3.67 billion.
The losers included Nestle (M) Bhd, Malaysian Pacific Industries Bhd, KESM Industries Bhd, Tasco Bhd, Carlsberg Brewery Malaysia Bhd, Amtel Holdings Bhd, Grand Hoover Bhd, Solarvest Holdings Bhd and UPA Corp Bhd.
The actively traded stocks included Dagang NeXChange Bhd, Velesto Energy Bhd, Alam Maritim Resources Bhd, Sapura Energy Bhd, DGB Asia Bhd, Dataprep Holdings Bhd and KNM Group Bhd. ....

Kuala Lumpur , Asia Bhd , Nestlem Bhd , Kuala Lumpur Kepong Bhd , Asdion Bhd , Tasco Bhd , Dagang Nexchange Bhd , Hoover Bhd , Dataprep Holdings Bhd , Corp Bhd , Sapura Energy Bhd , Amtel Holdings Bhd , Yinson Holdings Bhd , Groupm Bhd , Hong Leong Financial Group Bhd , Group Bhd , Solarvest Holdings Bhd , Toyo Ventures Holdings Bhd , Industries Bhd , Velesto Energy Bhd , Hong Leong Ib Research , Malaysian Pacific Industries Bhd , Bursa Malaysia , Carlsberg Brewery Malaysia Bhd , Grand Hoover Bhd , Alam Maritim Resources Bhd ,

Germany's Voith Hydro, Widad Group seek projects


Voith Hydro, which is a manufacturer and supplier for hydropower plants and engineering services, had yesterday signed a memorandum of collaboration with WBG.
PETALING JAYA: Germany’s Voith Hydro GmbH & Co KG is teaming up with Widad Business Group Sdn Bhd (WBG) to seek out more hydro projects in Malaysia.
Voith Hydro, which is a manufacturer and supplier for hydropower plants and engineering services, had yesterday signed a memorandum of collaboration with WBG.
Markus Kaufmann, head of sales and proposal service and upgrade at Voith Hydro, said more than 50% of the peninsular hydropower plant capacity provided by the company is in Sungai Perak and Cameron Highlands. ....

Sungai Perak , Malaysia General , Cameron Highlands , Markus Kaufmann , Dataprep Holdings Bhd , Widad Business Group Sdn Bhd , Germany Voith Hydro Gmbh Co , Widad Business Group Bhd , Voith Hydro Gmbh , Voith Hydro , Tan Sri Muhammad Ikmal Opat Abdullah , Bursa Malaysia , Dataprep Holdings , Corporate News , Widad Business Group , சுங்கை பெராக் , மலேசியா ஜநரல் , கேமரூன் மலைப்பகுதி , மார்கஸ் காஃப்மந் , பெருநிறுவன செய்தி ,

KLCI slips below 1,600-point level as regional markets pause


At 10.15am, the FBM KLCI had lost 8.66 points to 1,597.48.
Market sentiment was tepid with losers leading gainers by 512 to 357, while 439 counters traded unchanged. Trading volume was 3.49 billion shares valued at RM1.45 billion.
The losers included Heineken Malaysia Bhd, Malaysian Pacific Industries Bhd, Hong Leong Bank Bhd (HLB), Petronas Chemicals Group Bhd (PetChem), Pentamaster Corp Bhd, UWC Bhd, Telekom Malaysia Bhd (TM), Hengyuan Refining Company Bhd and Genting Bhd.
The actively traded stocks included DGB Asia Bhd, Sapura Energy Bhd, Dagang NeXchange Bhd (DNeX), AT Systematization Bhd and Dataprep Holdings Bhd.
The gainers included UPA Corp Bhd, Supermax Corp Bhd, Ralco Corp Bhd, VSTECS Bhd, Genetec Technology Bhd, Grand Hoover Bhd, ViTrox Corp Bhd and Tasco Bhd. ....

Kuala Lumpur , Asia Bhd , Tenaga Nasional Bhd , Dagang Nexchange Bhd Dne , Tasco Bhd , Hoover Bhd , Genting Bhd , Pentamaster Corp Bhd , Dataprep Holdings Bhd , Vitrox Corp Bhd , Petronas Chemicals Group Bhd Petchem , Corp Bhd , Sapura Energy Bhd , Hong Leong Bank Bhd , Ralco Corp Bhd , Genetec Technology Bhd , Pacific Research Sdn Bhd , Hengyuan Refining Company Bhd , Supermax Corp Bhd , Malaysian Pacific Industries Bhd , Bursa Malaysia , Heineken Malaysia Bhd , Petronas Chemicals Group Bhd , Telekom Malaysia Bhd , Dagang Nexchange Bhd , Systematization Bhd ,