Bursa Malaysia Erases Early Gains To End Lower On Profit-Taking
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia erased early gains to end lower today as profit-taking emerged following recent gains.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia erased early gains to end lower today as profit-taking emerged following recent gains.
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia continued its downward momentum at midday as selling activities persisted in selected heavyweight counters, led by financial services, industrial products and services, as well as the utilities counters.
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today despite a lower Wall Street overnight performance.
KUALA LUMPUR, Feb 3 (Bernama) -- Propel Global Bhd has signed a memorandum of understanding (MoU) with Sabah Energy Corporation Sdn Bhd and Reservoir Link Energy Bhd to explore the development of a modular gas power plant in Sabah.
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia pared gains but stayed up at midday on persistent buying activities in selected heavyweight counters, especially in financial services, telecommunications and media.
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia stayed higher at mid-morning, supported by buying in selected heavyweights, led by financial services as well as telecommunications and media counters.
KUALA LUMPUR, Feb 3 (Bernama) -- Foreign investors remained net buyers for the fourth consecutive week, although net foreign inflows slid to RM12.8 million last week, down from RM510.9 million a week earlier.
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking Wall Street’s overnight gains as bargain-hunting activities emerged following the previous week’s sharp selloff.
SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.
By Karina Imran
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level.
By Karina Imran
KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia closed higher on Friday, driven by renewed buying interest in banking stocks as trading momentum picked up in the final hour of trading, said an analyst.