Decline in FBM KLCI not too concerning
PETALING JAYA: Analysts reckon that the current buying spree by foreigners on Bursa Malaysia is a good sign, and that the decline of the FBM KLCI is not too concerning.
Source: thestar.com.my
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Markets rally globally, echoing Wall Street
PETALING JAYA: Sentiment on Bursa Malaysia was lifted as inflation in the United States slipped from a 40-year peak, offering the US Federal Reserve (Fed) some room to slow down its pace of interest rate hikes.
Source: thestar.com.my
Rising tech boom on Bursa
KUALA LUMPUR (Feb 26): Share prices of semiconductor-related companies on Bursa Malaysia are hitting record highs; so are their latest quarterly earnings. The few companies that posted record high quarterly net profits are UWC Bhd, Vitrox Corp Bhd, Inari Amertron Bhd and Greatech Technology Bhd. Fund managers and investment analysts told The Edge that the astronomical increases in earnings among semiconductor companies are expected to continue in the current year, particularly because of the chip shortage that has been accentuated by the further computerisation of consumer electronics, the im...
Source: theedgemarkets.com