Banking Stocks Drag Bursa Malaysia Below 1,600 Level

KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.

Bursa Falls Below 1,600 Level, tycoon Ananda Krishnan’s Companies See Shares Decline

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia extended its downtrend in mid-afternoon trade with the benchmark index below the crucial 1,600 level as regional markets followed Wall Street’s downbeat performance overnight.

Bursa Wraps Up Morning Session Slightly In Red As Decliners Dominate

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia pared earlier gains to end the morning session slightly in the red as selling outpaced buying on a lack of catalysts, especially with US markets closing on Thursday for the Thanksgiving holiday.

Bursa Malaysia Opens Higher, But Retreats Thereafter

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but turned lower thereafter following a lack of catalysts amid Wall Street’s soft performance amid sticky inflation data and trading slowing ahead of the US Thanksgiving Day holiday.

Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.

Bursa Malaysia Maintains Upward Momentum Amid Mixed Regional Markets

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia keeps its momentum going at midday amid not-so-rosy regional markets as investors turn their attention to the upcoming US inflation report later tonight.

Forest City's SFZ To Focus On Banking And Logistics - MB

ISKANDAR PUTERI, Nov 27 (Bernama) -- Forest City's Special Financial Zone (SFZ) will prioritise two key sectors: banking and financial services, alongside logistics services, global service centres, and transfer services.

Bursa Malaysia In See-saw Trade In Early Session

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia see-sawed during the early session, with the main index swinging between gains and losses. 

Bursa Malaysia Bucks Regional Trend To End Higher, Blue Chips Keep CI Above 1,600

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia bucked the mostly weaker regional market trend at the close today, with a stellar performance by heavyweights supporting the key index to stay above the psychologically 1,600 level.

IHH, Petronas Dagangan Keep FBM KLCI Above 1,600 Mark Amid Mixed Market

KUALA LUMPUR, Nov 26 (Bernama) -- IHH and Petronas Dagangan continued to support Bursa Malaysia’s main index above the 1,600 mark, amid selling in mid-cap stocks that led to a mixed market breadth.

Bursa Malaysia Holds Firm Near 1,600 Level, Tracks Wall Street's Upswing

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia stayed resilient near the psychologically significant 1,600 level, taking cues from Wall Street's record close following the nomination of hedge fund manager Scott Bessent as the new US Treasury Secretary.

Bursa Malaysia Maintains Positive Momentum To Close Higher, CI Up 0.48 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia maintained its upward momentum throughout the trading session today to close off its day’s high, buoyed by persistent buying in selected heavyweights led by financial services counters, amid the mostly upbeat performance in regional bourses.