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Genting Group tops list of cash-rich companies

A healthy cash position is an important indicator to evaluate whether a company’s financials are sound to withstand any unforeseen shocks. (14-0)

Bursa closes lower on selling sentiment

2018-01-18 themalaymailonline
KUALA LUMPUR, Jan 18 — Bursa Malaysia ended lower today, hurt by continued selling pressure in heavyweights and industrial product counters, amid mixed sentiment in Asian bourses, dealers said. (18-0)

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)

Strong ringgit, strong fundamentals

2018-01-05 themalaymailonline
Malaysia continues to rake in good economic numbers, bolstered by rising oil prices, with analysts and international organisations agreeing that GDP growth will trend above the five per cent level. — Picture by Ahmad ZamzahuriKUALA LUMPUR, Jan 6 — The strengthening of the ringgit against the US dollar to break the psychologically significant 4.0 level to US$3.99 — a 16-year high — is testimony to the strength of the Malaysian economy. (15-0)

KLCI surges past 1,800 points

Hong Leong Investment Bank (HLIB) Research expects the FBM KLCI to end the year at 1,880 points. “We expect the incumbent Barisan Nasional to remain in government, which should be positive for the market, especially if the coalition regains two-thirds majority," it said. (11-0)

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)

Genting lifts Bursa Malaysia to end 8 pts higher

2017-12-13 themalaymailonline
KUALA LUMPUR, Dec 13 — Bursa Malaysia ended higher today with the key index closing at its intraday high for the second consecutive day, driven by gains in blue chip stocks led by the Genting group, dealers said. (14-0)

KL shares higher at mid-afternoon

2017-12-13 themalaymailonline
KUALA LUMPUR, Dec 13 — Bursa Malaysia was higher at mid-afternoon today, with more buyers wading into the rebounded market. (13-0)

Bursa ends morning session marginally higher

2017-12-13 themalaymailonline
KUALA LUMPUR, Dec 13 — Bursa Malaysia rebounded from a lower opening to close the morning session marginally higher, spurred by light buying in selected blue-chips and small-capitalised stocks. (13-0)

Bursa up slightly at mid-day

2017-12-12 themalaymailonline
KUALA LUMPUR, Dec 12 — Bursa Malaysia rebounded at mid-day from its lower opening earlier as buyers started to nibble on stocks in a market interspersed with mild profit-taking. (15-0)

KL shares end morning session mixed

2017-12-07 themalaymailonline
 KUALA LUMPUR, Dec 7 — Bursa Malaysia ended the morning session mixed today, even as the benchmark index remained higher on buying support in selected heavyweights, led by Sime Darby Plantation. (17-0)

Singapore stocks gain, Philippines set to snap losing run

2017-12-05 themalaymailonline
Singapore shares climb after a survey shows factory activity rises for the 13th consecutive month in November. — — AFP picSINGAPORE, Dec 5 — Singapore shares edged higher today, led by gains in top lenders, while the Philippines rebounded, on track to snap a five-session losing streak. (31-0)

Genting, CIMB rebound to lift KLCI higher

KUALA LUMPUR: The FBM KLCI took on a bullish mood in morning trade as it rebounded from heavy selling over the previous four trading sessions. Bank Negara Malaysia's Friday noon announcement that the gross domestic product (GDP) expanded 6.2%, beating estimates, in the third quarter of 2017 lifted sentiments. (23-0)

Bursa ends lower on continuous sell-off

2017-11-16 themalaymailonline
KUALA LUMPUR, Nov 16 — Bursa Malaysia closed in the negative territory today on a continuous sell-off on most counters, as market sentiment was cautious ahead of the release of the third quarter gross domestic product (GDP) results tomorrow. (12-0)

Blue chips give up early gains; oil prices slip

KUALA LUMPUR: The local bourse moved into negative territory less than an hour into the morning session as blue chips gave up early gains and Maybank weighed. Regionally, equity markets were in the red as Wall Street came under pressure from declining oil prices.  US energy stocks including General Electric brought US indexes lower as oil prices slipped from 28-month highs achieved last week. At midday, the FBM KLCI was 1. (30-0)