Wall St ends mostly lower as chipmakers ease
The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced for…
Category: Markets
FBM KLCI turns mildly positive at midday
KUALA LUMPUR: The FBM KLCI eked out a slight gain at midday after persisting volatility saw the index spend most…
Stocks slip, US yields edge higher with data eyed
NEW YORK: A gauge of global stock markets edged lower and U.S. Treasury yields rose modestly on Wednesday, as investors looked…
Opportunity to accumulate REIT stocks on appealing distribution yields
AmInvestment Bank Research sees buying opportunities in local real estate investment trust (REIT) stocks, given widening yield spreads against 10-year…
Rakuten Trade sees FBM KLCI hitting 1,660 mark by year-end
KUALA LUMPUR: Rakuten Trade Sdn Bhd anticipates the FTSE Bursa Malaysia KLCI (FBM KLCI) to possibly touch 1,660 by end-2024 based on a 15.5…
FBM KLCI erases previous day’s gains
KUALA LUMPUR: Bursa Malaysia succumbed to profit-taking pressure on Wednesday despite the positive report on the health of the US…
S&P 500 closes at record high as traders keep rate-cut bets
US stocks ended sharply higher on Tuesday, with the S&P 500 registering a record high close as Oracle shares surged and…
Optimistic outlook for property stocks
Despite the record-breaking transaction value recorded in 2023 in the property sector, the KL Property Index, which is made up…
Bursa extends gains to close higher for fourth day
Bursa Malaysia extended its gains to close higher for the fourth straight day, supported by continuous buying in most heavyweights…