Bursa Malaysia opens lower
March 30, 2017
KUALA LUMPUR: Bursa Malaysia opened lower today on lack of buying interest for local stocks, dealers said. At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,745.36, down 3.89 points, from 1,749.25 recorded at Thursday's close. The index opened 2.29 lower at 1,746.96.
Bursa Malaysia likely to inch higher towards 1,780 next week
March 24, 2017
KUALA LUMPUR: Bursa Malaysia is likely to trend higher next week, with the benchmark index inching towards the 1,780-level, supported by positive local economic news and the return of calmness after the sharp drop on Wall Street early last week.
What’s cooking in penny stocks
March 24, 2017
BURSA Malaysia has underperformed for the past three years, largely due to the outflow of foreign funds.
The foreign funds started coming back five weeks ago and subsequently trading volumes on the exchange picked up. Bursa saw its overall turnover hitting a staggering 6.01 billion shares on March 20 – the biggest one-day volume since August 2014. Total turnover was valued at RM3bil.
