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KUALA LUMPUR (Jan 21): The main index of Bursa Malaysia pared some of its gains in the mid-morning today as sentiment remained guarded on still-high local Covid-19 cases. At 10am, the FBM KLCI was up 6.81 points at 1,608.35. The index earlier rose to a high of 1,615.22. Losers overtook gainers by 425 to 362, while 416 counters traded unchanged. Trading volume was 1.64 billion shares valued at RM956.81 million. The gainers included Panasonic Manufacturing Malaysia Bhd, Nestle (Malaysia) Bhd, Public Bank Bhd, JF Technology Bhd, Amtel Holdings Bhd and HPP Holdings Bhd. The actively traded stoc...

At 9.05am, the FBM KLCI rose 3.17 points to 1,612.69. The early gainers included Milux Corp Bhd, PMB Technology Bhd, Kobay Technology Bhd, Malaysian Pacific Industries Bhd, Far East Corp Bhd, Tasco Bhd, ViTrox Corp Bhd and Mesiniaga Bhd. Bloomberg said Asian equities pushed higher on Tuesday and bond yields ticked up as investors awaited comments from Treasury Secretary nominee Janet Yellen on US stimulus and the dollar. Rakuten Trade said Wall Street was closed yesterday but Biden’s inauguration on Wednesday may spur some buying interests going forward. The research house said that alread...

KUALA LUMPUR (Jan 19): The main index of Bursa Malaysia made less-than-convincing gains in the mid-morning today as the government’s RM15 billion Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI) assistance package did not seem to boost sentiment, which appeared to be more influenced by the coronavirus pandemic. At 10am, the FBM KLCI had gained 4.92 points to 1,614.44. Losers led gainers by 416 to 404, while 420 counters traded unchanged. Trading volume was 1.75 billion shares valued at RM1.03 billion. The gainers included Milux Corp Bhd, Toyo Ventures Holdings Bhd, PMB Technology Bhd, Cyma...

KUALA LUMPUR (Jan 19): The main index at Bursa Malaysia pared some of its gains at the midday break Tuesday as broader market sentiment appeared lukewarm to the government’s RM15 billion Perlindungan Ekonomi dan Rakyat Malaysia (Permai) assistance package. At 12.30pm, the FBM KLCI was up 2.78 points to 1,612.30. The index had earlier climbed to a high of 1,618.41. Declining issuers led advancers by 370 to 365, while 728 counters traded unchanged. Trading volume was 4.16 billion shares valued at RM2.50 billion. The gainers included Nestle (M) Bhd, Toyo Ventures Holdings Bhd, Milux Corp Bhd, ...

At 10.01am, the FBM KLCI was down 11.40 points at 1,615.61. Market breadth was tepid with 551 losers and 311 gainers, while 354 counters traded unchanged. Trading volume was 1.73 billion shares valued at RM840.78 million. The top losers included Nestle (Malaysia) Bhd, Heineken Malaysia Bhd, Kuala Lumpur Kepong Bhd (KLK), Euro Holdings Bhd, PPB Group Bhd, Hong Leong Bank Bhd (HLB), Asia File Corp Bhd, Malaysia Airports Holdings Bhd (MAHB) and Hong Leong Capital Bhd. The actively traded stocks included Pegasus Heights Bhd, XOX Bhd, PNE PCB Bhd, Kanger International Bhd and AT Systematization Bh...