KUALA LUMPUR: Blue chips on Bursa Malaysia started out on another day of profit-taking as investors opted for caution following strong gains earlier in the year.
PETALING JAYA: High crude palm oil (CPO) prices are likely to be sustained through the first quarter (1Q) of this year, driven by seasonally weak production, increased biodiesel mandates in Indonesia, and higher restocking activities ahead of Ramadan.
Bursa Malaysia is anticipated to remain in a consolidation phase this week, with investors closely monitoring both domestic and international developments that could influence market direction.
PETALING JAYA: A new fund that aims to invest in initial public offerings (IPOs), which is backed by a bank handling most ACE Market listings, is likely to get traction among investors.
Some small and medium scale enterprises (SMEs) are already reporting on various aspects of their environmental, social and governance (ESG) and sustainability indicators.
KUALA LUMPUR: Investors are expected to stay on the sidelines for the coming week following the FBM KLCI's failure to overcome a key resistance in the previous week, said Kenanga Research in its weekly technical outlook.
KUALA LUMPUR: There was some profit-taking seen on the domestic market on Monday following a strong rally over the later half of last week as investors best on signs global inflation was easing.
Bursa Malaysia is expected to trade range-bound with an upside bias hovering within the range of 1,575 to 1,600 this week, said an analyst.
KUALA LUMPUR: The inflation data scheduled to come out of the US later this week has investors placing their bets over the future direction of monetary policy.
KUALA LUMPUR: Bursa Malaysia dove at the opening bell after US Fed chair's speech at Jackson Hole last week signalled the central bank would keep to aggressive measures to rein in the soaring inflation rate.
KUALA LUMPUR: The recent rout in the domestic market showed no signs of abating on Monday as investors continued to sell down equities.
PETALING JAYA: The Employees Provident Fund (EPF) Board has declared a dividend rate of 5.50% for Simpanan Konvensional, with a total payout of RM50.33bil and 5.40% for Simpanan Shariah, with a total payout of RM7.48bil.
KUALA LUMPUR: Bursa Malaysia bucked the regional market trend to end the week lower on the selling of selected heavyweights such as KL Kepong, Hong Leong Financial Group, and Nestle.
KUALA LUMPUR: Stocks on Bursa Malaysia were beaten down on Monday on speculation over the political developments in the country.
KUALA LUMPUR: Bursa Malaysia returned below the 1,500 psychological level in early morning trade as a slump in Wall Street equities last Friday kept the cautious sentiment elevated.
KUALA LUMPUR: The Malaysian bourse slid on Monday as investor sentiment remained weak ahead of the peak corporate earnings season.
KUALA LUMPUR: Bursa Malaysia looked set to continued to its negative momentum from the previous week amid heightened caution over political developments and shrinking trading volume on the market.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has cuts is FBM KLCI earnings forecast by 3.4% due to the poor 2Q20 results season but raised its 2021 forecast by 5.5% to largely account for further upgrades of glove makers.
KUALA LUMPUR: The FBM KLCI entered the lunch break slightly higher than last Friday's close as investors shrugged off Fitch Ratings' downgrade of Malaysia's credit rating and gained confidence in growing commodity prices.
KUALA LUMPUR: The FBM KLCI reversed its earlier gains to end the morning session lower, bucking the trend at regional markets