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Maybank, Public Bank and CIMB driving KLCI higher

KUALA LUMPUR: The FBM KLCI bounced back strongly today as bargain hunting for the stocks that fell in the past few trading sessions lifted the index in line with regional gains.
At 5pm, the benchmark index surged 23.99 points, or 1.54% to 1,581.54 after moving between 1,587.11 and 1,565.77. The index opened 9.35 points higher at 1,566.90 this morning.
Market breadth remained positive with gainers outpacing losers 857 to 402, while 411 counters were unchanged.
In today’s session, 21 of the KLCI-component stocks were traded higher, seven counters fell while the remaining closed unchanged.
Dealers said there was strong buying momentum in banking-related stocks amid positive sentiment over Covid-19 vaccine programme. In addition, a slew of strong corporate earnings reported so far today gave the FBM KLCI a boost. ....

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Bursa Malaysia's KLCI breaches 1,580-point level at close as investors regain confidence | Money

Bursa Malaysia's KLCI breaches 1,580-point level at close as investors regain confidence | Money
malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.

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KLCI breaches 1,580-point level at close as investors regain confidence

25 Feb 2021 / 20:41 H.
KUALA
LUMPUR: Bursa Malaysia’s key index breached the resistance level of 1,580 at the close as investors regained confidence following the official start of the National Covid-19 Immunisation Programme on Wednesday.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) surged 23.99 points, or 1.54 per cent, to 1,581.54 from 1,557.55 at Wednesday’s closing.
The key index opened 9.35 points firmer at 1,566.90 and hovered between 1,565.77 and 1,587.11 throughout the day.
Market breadth was positive with gainers outpacing losers 857 to 402, while 411 counters were unchanged, 528 untraded and 71 others suspended.
Total volume was lower at 10.44 billion units worth RM6.57 billion compared with 12.70 billion units worth RM7.01 billion on Wednesday. ....

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KLCI struggles to keep gains as heavyweight glovemakers drag on vaccine rollout

KUALA LUMPUR (Feb 24): The main index at Bursa Malaysia struggled to keep its gains at the midday break Wednesday after index-linked glove makers faced selling pressure as Malaysia s vaccination programme kicked off.
At 12.30pm, the FBM KLCI was up 4.62 points to 1,569.67. The index had earlier risen to a high of 1,581.55.
Losers led gainers by 500 to 298, while 756 counters traded unchanged. Trading volume was 7.41 billion shares valued at RM3.47 billion.
The gainers included Nestle (M) Bhd, Euro Holdings Bhd, Kuala Lumpur Kepong Bhd, Time dotCom Bhd, Ayer Holdings Bhd, Petronas Gas Bhd, Hong Leong Financial Group Bhd, Petronas Chemicals Group Bhd and Syarikat Takaful Malaysia Keluarga Bhd. ....

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Public Bank, Hong Leong Bank underpin Bursa's advance

KUALA LUMPUR: Public Bank and Hong Leong Bank underpinned the FBM KLCI’s early advance as foreign funds continued to be net buyers on Bursa. ....

Kuala Lumpur , Malaysia General , United States , Donald Trump , Hong Leong Bank , Public Bank , Euro Holdings , Wall Street , President Donald Trump , Rakuten Trade , Leong Bank , Toyo Ventures , Top Glove , Comfort Gloves , Rapid Synergy , குவாலா லம்பூர் , மலேசியா ஜநரல் , ஒன்றுபட்டது மாநிலங்களில் , டொனால்ட் துருப்பு , ஹாங் லியோங் வங்கி , பொது வங்கி , யூரோ ஹோல்டிங்ஸ் , சுவர் தெரு , ப்ரெஸிடெஂட் டொனால்ட் துருப்பு , ரகுடென் வர்த்தகம் , லியோங் வங்கி ,