Selective Accumulation Lifts Bursa Malaysia At Opening
By Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened marginally higher today, supported by value-seeking investors engaging in selective accumulation.
| LATEST NEWS | Malaysia Cup: Terengganu FC 5-0 UM-Damansara United | |
By Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened marginally higher today, supported by value-seeking investors engaging in selective accumulation.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia opened flat and proceeded to retreat in early trade today, reflecting a lack of catalysts in the market after a downbeat Wall Street performance last Friday.
KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight positive performance, boosted by improved economic data and quarterly earnings reports that exceeded consensus expectations.
KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia rebounded from two consecutive days of losses to open higher on Thursday, with buying interest emerging, tracking the lead from Wall Street’s overnight performance.
KUALA LUMPUR, July 16 -- Bursa Malaysia made a flat start on Wednesday, following the downbeat performance on Wall Street overnight.
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, tracking gains from upbeat overnight Wall Street amid the United States (US) trade policy uncertainties.
KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia opened nearly flat on Monday, taking a cue from Wall Street’s subdued close last week, as renewed protectionist trade rhetoric from Washington kept investors cautious.
KUALA LUMPUR, July 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) opened slightly higher but retreated thereafter on Friday, amid a mixed regional market trend coupled with a lack of fresh catalysts, said an analyst.
KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia opened slightly higher on Thursday, supported by a modest improvement in sentiment following Bank Negara Malaysia’s decision to cut the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent on Wednesday.
KUALA LUMPUR, July 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s weaker performance following the United States' (US) imposition of a 25 per cent tariff on 14 countries, including Malaysia, beginning Aug 1 this year.
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia retreated to open lower on Monday, following a negative overnight performance on Wall Street, with the July 9 reciprocal tariffs deadline approaching.
KUALA LUMPUR, July 4 (Bernama) -- Bursa Malaysia ended the morning session mixed as mild profit-taking in selected consumer products and services counters reversed some of the earlier gains, an analyst said.