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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. ....

Kuala Lumpur , Hong Leong Bank , Public Bank , Leong Bank , Bursa Malaysia , Rapid Synergy , Hang Seng Index , Composite Index , Straits Times Index , Fbm Klci , குவாலா லம்பூர் , ஹாங் லியோங் வங்கி , பொது வங்கி , லியோங் வங்கி , விரைவான சினெர்ஜி , செயலிழக்க செங் குறியீட்டு , கலப்பு குறியீட்டு , நீரிணை முறை குறியீட்டு ,

KLCI snaps three-day losing streak on bargain hunting


KUALA LUMPUR: The FBM KLCI snapped its three-day losing streak to end higher Friday on bargain hunting.
The benchmark index closed up 9.09 points, or 0.58% to 1,584.93. The index opened 4.34 points higher at 1,580.18
A total of 14.36 billion shares valued at RM6.36bil changed hands. On the broader market, losers outnumbered gainers by 653 to 581, while 411 counters traded unchanged.
Dealers said market sentiment remained cautious while bargain hunting activities have emerged following recent losses.
At Bursa Malaysia, MPI jumped RM1.50 to RM38.40, Carlsberg added 88 sen to RM23.38, Vitrox rose 60 sen to RM17.80 and Nestle advanced 60 sen to RM35.50.
Hong Leong Bank shed 34 sen to RM17.78, Hartalega ....

Kuala Lumpur , Hong Leong Bank , Public Bank , Bursa Malaysia , Leong Bank , Hang Seng Index , Composite Index , Straits Times Index , Fbm Klci , குவாலா லம்பூர் , ஹாங் லியோங் வங்கி , பொது வங்கி , லியோங் வங்கி , செயலிழக்க செங் குறியீட்டு , கலப்பு குறியீட்டு , நீரிணை முறை குறியீட்டு ,

FBM KLCI finishes at intraday high


KUALA LUMPUR: The benchmark FBM KLCI ended at its intraday high on Wednesday amid cautious trade ahead of release of fourth-quarter gross domestic product (GDP) data.
The 30-stocks index rose 0.68% or 10.72 points to close at 1,596.85. It opened 0.81 of-a-point higher at 1,586.94 this morning.
Broader market sentiment stayed cautious with 628 losers and 504 gainers, while 468 counters traded unchanged. Trading volume was 4.83 billion shares valued at RM3.61bil.
Dealers said trading mood remained cautious as investors stayed on the sidelines ahead of Bank Negara’s fourth quarter GDP announcement tomorrow.
A Reuters poll showed that the economic slump is expected to have deepened as a result of sustained restrictions on movement and business to curb the spread of the coronavirus. ....

Kuala Lumpur , Fraser Neave , Bank Negara , Hong Leong Bank , Public Bank , Bursa Malaysia , Leong Bank , Aeon Credit , Sam Engineering , Shanghai Composite Index , Fbm Klci , குவாலா லம்பூர் , ஃப்ரேசர் நீவ் , வங்கி நெகாரா , ஹாங் லியோங் வங்கி , பொது வங்கி , லியோங் வங்கி , ஊழி கடன் , சாம் பொறியியல் , ஷாங்காய் கலப்பு குறியீட்டு ,