Pre-CNY Profit-taking, Global Tech Concerns Drag Bursa Malaysia To Close Lower

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia finished lower on Friday as investors continue locking in gains ahead of the Chinese New Year break next week, while concerns over global technology stocks continue to dampen investor sentiment and risk appetite.

Broad Selling Drags KLCI Lower At Midday

KUALA LUMPUR, Feb 13 (Bernama) -- Local shares ended the morning trading session lower, weighed down by broad-based selling across heavyweight counters, mirroring declines in regional markets.

Hock Soon Capital Falls 7 Sen Below Ipo On Debut

KUALA LUMPUR, Feb 13 (Bernama) -- Hock Soon Capital Bhd made a subdued debut on Bursa Malaysia’s Main Market, opening at 53 sen, 7 sen below its initial public offering (IPO) price of 60 sen, amid weaker-than-expected investor demand.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.

Bursa Malaysia Ends Higher On Buying Of Selected Blue Chips

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia ended higher today as buying on selected blue chips continued, said a brokerage.  

Bursa Malaysia Ends Lower On Profit-taking

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- Profit-taking activities dragged Bursa Malaysia to end marginally lower on Tuesday following yesterday's strong gains. 

Bursa Malaysia Closes Higher On Strong Buying Of Blue Chips

KUALA LUMPUR, Feb 9 -- Bursa Malaysia ended higher on Monday, supported by continued interest in blue-chip counters,  in line with the upbeat performance across regional markets, said an analyst. 

Bursa Malaysia Poised For Selective Bargain-hunting Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia is expected to trade with selective bargain-hunting, even in the absence of oversold technical conditions, following three consecutive sessions of mild decline, said an economist. 

Weak Global Sentiment Pulls Bursa Malaysia Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia ended lower today, extending its mild pullback as negative global sentiment weighed on risk appetite, said an economist.

Bursa Malaysia Erases Early Gains To End Lower On Profit-Taking

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia erased early gains to end lower today as profit-taking emerged following recent gains. 

Bursa Malaysia Extends Gains On Bargain Hunting

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.  

Bursa Malaysia Poised For Constructive Upward Bias Next Week

By Karina Imran

KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia is expected to trade within a constructive upward bias in the 1,730-1,760 range next week, with immediate support around the 1,700 level.