Investors cash out on KLCI rally
KUALA LUMPUR: Investors cashed out on gains made earlier in the week to take Malaysia's benchmark index back to last…
Category: Markets
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…
India’s biggest stock winner has no analyst coverage
An investment firm of conglomerate Tata Group, with no analyst rating and minuscule ownership by institutional investors, has become the…
Making a return to global portfolios on bottom bets
After multiple false dawns over the past year, some investors are seeing evidence that this rebound in Chinese stocks may…
Microlink unaware of reason for UMA
KUALA LUMPUR: Microlink Solutions Bhd is unaware of factors which may have contributed to some unusual market activity (UMA), which…