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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)

Bursa Malaysia extends losses to close lower

2017-11-14 themalaymailonline
KUALA LUMPUR, Nov 14 — Bursa Malaysia extended yesterday’s losses to finish lower today as investors stayed on the sidelines to await fresh leads amid the reporting season month. (9-0)

Foreign investors snap seven-week selling streak

KUALA LUMPUR: The seven-week foreign selling streak was snapped last week as foreign funds entered the Malaysian market albeit at a measurable pace. (19-0)

Genting getslucky again

The diversified conglomerate, whose business covers casinos; leisure and entertainment; plantation; power; as well as oil and gas, is seeing improving prospects across most of its divisions, especially gaming, thanks to increasingly positive market conditions. (11-0)

Bursa ends marginally lower at midday

2017-11-10 themalaymailonline
KUALA LUMPUR, Nov 10 — Bursa Malaysia was marginally lower at the end of the morning session today on profit-taking in selected blue-chips as well as lower-liners, dealers said. (9-0)

Bursa ends higher on late-buying

2017-11-07 themalaymailonline
KUALA LUMPUR, Nov 7 ― The FTSE Bursa Malaysia KLCI (FBM KLCI) finished at an intra-day high of 1,750.94, up 8.65 points, lifted by late-buying interests in selected heavyweight stocks and firmer oil prices, dealers said. (5-0)

Genting, Genting Malaysia power KLCI


MISC leads gains on KLCI

KUALA LUMPUR: The local bourse bucked the trend in the morning session amid reports that  foreign selling in the previous week on the local equity market had slowed to its lowest level so far this year. According to MIDF research, a "feel good vibe" had contributed to net foreign buying of RM133.4mil last Monday when the market reopened after the announcement of Budget 2018. Key Asian markets, however, were a sea of red on Monday as they tumbled from decade-highs in the lead up to US President Donald Trump's meetings with his Chinese and Russian counterparts on his Asian tour. (33-0)

Not true MH370 search mission to continue next year, transport minister says

2017-11-01 themalaymailonline
Datuk Seri Liow Tiong Lai said his ministry had not finalised the negotiation with United States-based seabed exploration outfit, ‘Ocean Infinity’ and would look into the details of expert views. — Reuters picKUALA LUMPUR, Nov 1 ― An international media outlet which claimed the search operation for the missing MH370 could resume next year, was not true, said Transport Minister Datuk Seri Liow Tiong Lai. (9-0)

SE Asia stocks: Indonesia hits record closing high on coal demand outlook

2017-10-24 themalaymailonline
Malaysia fell 0.3 per cent, with CIMB Group Holdings Bhd down 1.1 per cent to close at a five-month low, while Genting Malaysia Bhd hit an eight-month low. — Reuters picJAKARTA, Oct 24 — Indonesian shares hit a record closing high today, as coal miners gained after the International Energy Agency forecast strong prospects for energy demand in South-east Asia, while most other markets in the region fell on profit-taking. (24-0)

Bursa turns mixed at mid-morning

2017-10-24 themalaymailonline
On the broader market, losers outpaced gainers 358 to 255 with 365 counters unchanged, 873 untraded and 18 others suspended. — Bernama picKUALA LUMPUR, Oct 24 — Bursa Malaysia turned mixed at mid-morning today, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) trending higher, but weaker on the broader market. (9-0)

KL shares dip at mid-afternoon

2017-10-11 themalaymailonline
KUALA LUMPUR, Oct 11 — Bursa Malaysia trended lower at mid-afternoon today, as selling in bluechips led by Genting and telecommunication stocks continued to drag down the barometer index, dealers said. (21-0)

Focus on cost-of-living issues

AllianceDBS Research chief economist Manokaran Mottain(pic) said there would be a push to raise disposable income to weather rising living costs. (5-0)

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