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Bursa Malaysia ends at intra-day high

3h themalaymailonline
KUALA LUMPUR, Jan 17 — Last minute buying in heavyweight and finance counters lifted Bursa Malaysia to end at an intra-day high today, despite weaker sentiment in the regional markets, dealers said. (10-0)

Mysterious bank account emerges in SJKC Yuk Chai PJ defamation case

21h themalaymailonline
SJKC Yuk Chai headmaster Chew Hock Jin exits the court room during a recess, January 16, 2018. — Picture by Azinuddin GhazaliSHAH ALAM, Jan 16 — The SJKC Yuk Chai Petaling Jaya headmaster admitted today in a defamation case involving alleged financial irregularities that his school had an unexplained third bank account that was allegedly opened without his knowledge. (2-0)

Ringgit to weaken slightly in second quarter after elections?

“Macro US dollar weakness seems sustained at the beginning of 2018, and ringgit strength should sustain until the general election. But we may see a retracement of the ringgit against the US dollar in the second quarter,’’ according to Hor Kwok Wai(pic), chief operating officer, global markets, Hong Leong Bank. (2-0)

Cops bust syndicate involved in fake loan applications worth RM10.3m

2018-01-11 themalaymailonline
Amar said police arrested 13 suspects in an operation dubbed Ops Mortgage following the reports lodged and have submitted the investigation papers to the Attorney-General’s Chambers. — Picture by Azneal IshakPETALING JAYA, Jan 11 ― Federal police have crippled a syndicate involved in fraudulent loan applications which have resulted in banks losing a total of RM10,358,430. (6-0)

Bursa rally continues

PETALING JAYA: Malaysian stocks continued to rally on sustained buying interest, driven by an upcoming general election (GE) in the country and the strengthening of the ringgit. (18-0)

Bursa Malaysia ends sharply higher on bullish external sentiment

2018-01-08 themalaymailonline
KUALA LUMPUR, Jan 8 — The bull run continued on Bursa Malaysia with the key index sharply higher today buoyed by bullish external factors, dealers said. (12-0)

What’s in store for banks

WITH predictions of slower economic growth this year, banks, which are often seen as proxies to the economy, will all have to deal with similar issues of lethargic loan growth, rising credit costs and compressed profit margins. That said, what will distinguish the more interesting ones from the business-as-usual outfits this year are those premised on possible merger and acquisition (M&A) exercises. (9-0)

Bursa Malaysia turns the corner

Review: As the year draws to a close, the bulls were seen returning to the market with jumps above a couple of key resistance levels as year-end window dressing came into effect. (10-0)

Bursa Malaysia snaps 3-day winning streak

2017-12-15 themalaymailonline
KUALA LUMPUR, Dec 15 — Bursa Malaysia snapped a three-day winning streak to end in the red today, dampened by mild profit-taking in index-linked heavyweights. (14-1)

KLCI follows key Asian markets lower, banks mixed

KUALA LUMPUR: Blue chips closed off Friday's low on some buying support for banks including Maybank, RHB Bank and Ambank while all key Asian markets closed lower, led by China. At 5pm, the FBM KLCI was down 5.93 points or 0.34% to 1,753.07. Turnover was 2.34 billion shares valued at RM3.51bil. There were 365 gainers, 450 losers and 460 counters unchanged  Analysts expected some investors to take money off the table after the 21 points jump on Thursday. (25-0)

KL shares end higher for third consecutive day

2017-12-14 themalaymailonline
KUALA LUMPUR, Dec 14 — Bursa Malaysia continued its uptrend to close higher for the third consecutive day, bolstered by institutional fund buying of blue chips counters. (17-1)

KL shares firm at mid-morning

2017-12-14 themalaymailonline
KUALA LUMPUR, Dec 14 — Share prices on Bursa Malaysia were on a firm note at mid-morning with buying interest in banking heavyweights keeping the key index supported. (10-0)

KL shares marginally at opening

2017-12-14 themalaymailonline
KUALA LUMPUR, Dec 14 — Share prices on Bursa Malaysia opened marginally higher today in tandem with the upbeat overnight performance on Wall Street. (10-0)

Bursa ends lower on profit-taking

2017-12-11 themalaymailonline
KUALA LUMPUR, Dec 11 — Bursa Malaysia ended lower today as profit-taking activity emerged among heavyweight stocks, dealers said. (17-0)

KL shares on firm note at mid-morning

2017-12-11 themalaymailonline
Gains in Hong Leong Bank and Sime Darby group boosted the composite index by a total contribution of 3.41 points. — Reuters picKUALA LUMPUR, Dec 11 — Share prices on Bursa Malaysia were on a firm note at mid-morning with buying interest in Hong Leong Bank and Sime Darby group keeping the key index supported. (13-0)