FBM KLCI to continue consolidation, oil and gold counters rally
KUALA LUMPUR: The FBM KLCI could be seeing further consolidation above the 1,600 psychological level in the absence of fresh…
Markets
Stocks bask in Nvidia glow, dollar steady
LONDON: Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker…
S&P 500, Nasdaq hit record highs on AI momentum
The S&P 500 and Nasdaq closed at record highs on Tuesday, buoyed by Nvidia's continued surge to new peaks, while…
Foreign interest in local equities continues with RM202.4mil net purchases
KUALA LUMPUR: Foreign funds continued to flow into Bursa Malaysia for the second consecutive week with a net purchase of…
FBM KLCI opens higher after long weekend break
KUALA LUMPUR: While the FBM KLCI started Tuesday on a positive performance following Wall Street overnight rally, analysts are offering…
S&P 500, Nasdaq hit record closing highs ahead of data, Fed comments
THE S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence…
Goldman Sachs raises S&P 500 target to 5,600
NEW YORK: Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier,…
UBS sees bond spreads widening slightly
NEW YORK: US corporate bond spreads may widen modestly from current levels by the end of the year, but generally…
FBM KLCI reverses early gains to end at intraday low
KUALA LUMPUR: The FBM KLCI pared its gains and settled in negative territory on Tuesday, following a long weekend, as…