Consumer stocks underperform the market
The yawning divide between the super-rich and middle-class in India’s booming economy is set to persist, if the “underperformance” of…
Markets
Property stocks rally on declining unsold units, new launches
Malaysia’s property bull market continues to rage as the Property Index of Bursa Malaysia crossed the 1,000-point mark, a level…
Bursa Malaysia ends lower in tandem with regional peers
KUALA LUMPUR: Bursa Malaysia closed lower on Wednesday as the short-term market sentiment remains jittery amid the uncertain global performance, said an analyst.
Concerns over higher trading costs
With the Securities Commission’s (SC) frank acknowledgement that it needs to relook its revenue model after another year of deficit,…
Broad selling seen on Bursa as profit-taking emerges
KUALA LUMPUR: With no fresh catalyst to lift sentiment, the domestic equities market continued on its downward trajectory ahead of…
Dow, S&P fall for third straight session, eye on inflation data
US stocks slipped on Tuesday, giving up modest gains late in the session to send the Dow and S&P 500 to…
FBM KLCI falls on continued downward bias
KUALA LUMPUR: After ending the session nearly flat yesterday, the FBM KLCI is poised to continue its consolidation with a…
Wall Street ends lower ahead of US data; dollar pressured by yen, yuan
NEW YORK: U.S. stocks lost ground at the start of a holiday-shortened week on Monday as investors positioned themselves ahead…
Bursa Malaysia ends lower on selling pressure
PETALING JAYA: Bursa Malaysia closed lower yesterday, weighed by selling pressure in telecommunication, plantation and gaming stocks.