KUALA LUMPUR (Feb 15): The main index at Bursa Malaysia pared some of its gains at mid-morning today against the backdrop of record-high regional markets.
At 10am, the FBM KLCI was up 11.82 points to 1,611.24. The index had earlier risen to a high of 1,614.92.
Gainers led losers by 610 to 263, while 401 counters traded unchanged. Trading volume was 2.3 billion valued at RM1.07 billion.
The gainers included Nestle (M) Bhd, Dutch Lady Milk Industries Bhd, Malaysian Pacific Industries Bhd, ViTrox Corp Bhd, UWC Bhd, PMB Technology Bhd, Central Global Bhd and KESM Industries Bhd.
The actively traded stocks included Dagang NeXchange Bhd, Luster Industries Bhd, DGB Asia Bhd, QES Group Bhd, Sapura Energy Bhd, Velesto Energy Bhd and Iris Corp Bhd.
KUALA LUMPUR (Feb 10): The main index at Bursa Malaysia pared some of its gains at mid-morning today as investors turned cautious amid muted trading at regional markets.
Local investors are also awaiting the fourth quarter 2020 gross domestic product (GDP) data to be released by Bank Negara Malaysia on Feb 11.
At 10am, the FBM KLCI was up 1.3 points at 1,587.43. The index had earlier risen to a high of 1,592.27.
Losers overtook gainers by 503 to 317, while 398 counters traded unchanged. Trading volume was 1.41 billion shares valued at RM853.51 million.
The gainers included Widetech (M) Bhd, PPB Group Bhd, Malaysia Airports Holdings Bhd, RCE Capital Bhd and Ann Joo Resources Bhd.
At 9.05am, the FBM KLCI was up 6.25 points to 1,579.58.
The early gainers included Malaysian Pacific Industries Bhd, Petronas Dagangan Bhd, Telekom Malaysia Bhd, Carlsberg Brewery Malaysia Bhd. Press Metal Aluiminium Holdings Bhd, Knusford Bhd, Hengyuan Refining Company Bhd and Opcom Holdings Bhd.
Bloomberg said the global equity rally took a breather in Asia Tuesday as investors mulled stimulus prospects and the impact of rising inflation expectations with stocks at record highs.
Oil extended gains, it said.
Rakuten Trade said Wall Street closed on fresh record highs as traders are optimistic of another stimulus relief package soon.
It said the Dow Jones Industrial Average gained 238 points to almost the 31,400 mark whilst both the S&P 500 and Nasdaq climbed 0.7% and 1.0% respectively.
KUALA LUMPUR (Feb 9): The main index at Bursa Malaysia added 0.64% at the midday break Tuesday, tracking the gains at regional markets.
At 12.30pm, the FBM KLCI was up 9.62 points to 1,582.95. The index had earlier risen to a high of 1,586.90.
Gainers led losers by 557 to 446, while 458 counters traded unchanged. Trading volume was 3.93 billion shares valued at RM2.28 billion.
The gainers included Malaysian Pacific Industries Bhd, Carlsberg Brewery Malaysia Bhd, Ajinomoto (Malaysia) Bhd, Petronas Dagangan Bhd, PLS Plantations Bhd, Telekom Malaysia Bhd, Press Metal Aluminium Holdings Bhd and MISC Bhd.
The actively traded stocks included Dagang NeXchange Bhd, EA Holdings Bhd, Velesto Energy Bhd, Sapura Energy Bhd, QES Group Bhd, KNM Group Bhd and Opcom Holdings Bhd.
At 9.05am, the FBM KLCI was up 0.61 points to 1,579.24.
The early gainers included Nestle (M) Bhd, Malaysian Pacific Industries Bhd, Genetec Technology Bhd, Techbond Group Bhd, Petronas Gas Bhd and UWC Bhd.
Bloomberg said U.S. equity futures began the week on the front foot after climbing to a record last week, as investors monitored comments from Janet Yellen pushing a stimulus bill as well as an improvement in coronavirus trends.
The dollar steadied after Friday’s slide, it said.
Rakuten Trade said worse than expected job data has prompted fresh hopes of more stimulus package as Wall Street closed at new highs last Friday.