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Bursa Malaysia Ends Lower On Continuous Selling, Deepseek Launch Raises Investor Concerns

By Anas Abu Hassan

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.

microLEAP's Financing Disbursement Surges 101 Pct To RM125 Mln In 2024

KUALA LUMPUR, Jan 28 (Bernama) -- Peer-to-peer (P2P) financing platform microLEAP recorded a 101 per cent year-on-year increase in financing disbursements, rising to RM125 million in 2024 from RM62.18 million in 2023.  

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia ended the morning session lower today as continuous selling was observed across the board, tracking the softer tone of the US market performance.

Bursa Malaysia Extends Downtrend To Open Lower 

KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its downtrend to open lower on Tuesday in cautious mode, tracking Wall Street’s weaker overnight performance due to a major sell-off in the technology sector, an analyst said.

Bursa Malaysia Ends Lower In Muted Trading Ahead Of CNY

By Anas Abu Hassan

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia finished in the negative territory today dampened by subdued trading observed across the board ahead of the upcoming Chinese New Year (CNY) festive holidays, said an analyst.

Bursa Malaysia's FY2024 Net Profit Increases To RM310.12 Mln

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia ended the morning session lower today as investors stayed cautious ahead of key economic data releases this week and the Chinese New Year break.

Bursa Malaysia Opens Lower Amid Cautious Sentiment

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia trended lower in early trade today, weighed down by a lack of fresh catalysts and cautious sentiment ahead of a festive-shortened trading week.  

Bursa Malaysia Set To Be On Cautious Mode Next Week Amid Festive Period

KUALA LUMPUR, Jan 25 (Bernama) -- Bursa Malaysia is expected to trade in cautious mode next week ahead of Chinese New Year and the first US Federal Open Market Committee (FOMC) meeting of 2025, scheduled for Jan 28-29.

Bursa Malaysia Ends Lower As Profit-Taking Persists

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia ended lower as profit-taking activities persisted for a second consecutive day as investors positioned themselves ahead of next week’s shortened trading schedule, said an analyst.

Bursa Malaysia Stays In The Red At Midday On Profit-taking Activities

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia remained in the red at midday on continuous profit-taking activities after the recent rally, with the main index losses dragged by YTL counters.

Bursa Malaysia Opens Lower On Lack Of Buying Interest

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.