Malaysia Shares End +0.2; 1395 Resistance Eyed - (31 Jul 2010)

[Updated] Malaysia shares end higher for sixth consecutive session; benchmark KLCI +0.2% at 1360.92. Local dealer says market trading within narrow range for most of day but "this is a good base for further gains next week." OSK Research technical analyst Shin Kao Jack keeps bullish outlook on KLCI

Outlook for KL bourse still bullish: OSK - (31 Jul 2010)

Malaysian shares are expected to trade higher with the key market barometer hovering between 1,350 and 1,395 points.

However, dealers said any gains next week would be capped by some profit-

Bullish bias intact - (31 Jul 2010)

REVIEW: News of General Electric raising its quarterly dividend by 20% delivered a shot of confidence to US investors, pushing the Dow up 102.32 points to 10,424.62. A spike in crude oil prices to above US$79 per barrel and the stress tests result, showing most European banks passed the examination also stoked a

KLCI Futures Likely To Be Steadier Next Week - (31 Jul 2010)

KUALA LUMPUR, July 31 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to be steadier next week in line with the positive trend on the cash market, dealers said.

FBM KLCI breaches key resistance level - (31 Jul 2010)

THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) staged another follow-through rebound for the week just ended yesterday. It continued to stay above its psychological resistance of 1,30

KL bourse higher on blue-chip buying - (31 Jul 2010)

At the close, the FBM KLCI rose 2.51 points or 0.19 per cent to close at a new two-year high of 1,360.92.

The benchmark index opened 0.90 point lower at 1,357.51 in the morning and traded

Continued buying interest boosts KL bourse - (30 Jul 2010)

At the close, the FBM KLCI rose 3.22 points, or 0.24 per cent, to close at 1,358.41 to stay high for the fifth straight day.

It opened 0.59 point higher at 1,355.78 in the morning and traded b

FBM KLCI Futures Lower In Early Session - (30 Jul 2010)

KUALA LUMPUR, July 30 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives was lower this morning on lack of fresh buying, dealers said.

FBM KLCI Futures Close Lower - (30 Jul 2010)

KUALA LUMPUR, July 30 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed lower Friday as buying sentiment was dampened by a weaker regional market following the overnight slip on Wall Street, dealers said.

KL shares mixed at mid-afternoon - (30 Jul 2010)

Share prices on Bursa Malaysia were mixed at mid-afternoon today as some investors trimmed their positions ahead of the weekend, dealers said.

They said the local market was subdued in earl

BURSA MALAYSIA: CI Hits New Two-Year High - (30 Jul 2010)

KUALA LUMPUR, July 30 (Bernama) -- The FBM KLCI closed higher for the sixth straight day today, helped by last minute buying in selected heavyweights and rotational plays on lower liners, dealers said.

FBMKLCI hits new two-year high - (30 Jul 2010)

The FBM KLCI closed higher for the sixth straight day today, helped by last minute buying in selected heavyweights and rotational plays on lower liners, dealers said.

At 5pm, the FBM KLC

Bursa closes higher on Friday - (30 Jul 2010)

Regional markets were mostly lower on Friday, in line with negative sentiment over concerns about the US economic recovery.

Landmarks may consolidate - (30 Jul 2010)

SHARE prices on Bursa Malaysia continued to consolidate yesterday. Advancing counters outpaced declining counters by 386 to 345.

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI

FBM KLCI Futures Lower At Midday - (30 Jul 2010)

KUALA LUMPUR, July 30 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures on Bursa Malaysia Derivatives traded lower at mid-day Friday as buying sentiment was dampend by weaker regional markets, dealers said.

KL shares firmer on buying of finance stocks - (29 Jul 2010)

At the close, the FBM KLCI rose 2.96 points, or 0.22 per cent, to close at its new high in the 2009-2010 rally at 1,355.19.

The benchmark index opened 0.42 point higher at 1,352.65 in the morni

ends the day higher - (29 Jul 2010)

KUALA LUMPUR: The FBM KLCI ended higher for the day with the benchmark index rising 3.22 points to 1,358.41.

KL shares close higher - (29 Jul 2010)

Share prices on Bursa Malaysia closed higher today, boosted by continued buying in selected blue chips as well as lower liners, dealers said.

At 5pm, the FBM KLCI rose 3.22 points or 0.2

MAA's follow-through rebound likely - (29 Jul 2010)

SHARE prices on Bursa Malaysia continued to consolidate within a tight trading range yesterday. Advancing counters outnumbered declining counters by 445 to 264.

The FTSE Bursa Malaysia Kual

KL shares mixed at mid-day - (29 Jul 2010)

Share prices on Bursa Malaysia ended the morning session mixed today as investors took cue from the downtrend in US stocks following weak economic data, dealers said.

At lunch break, the FTSE B

Big inflow of foreign money into KL stocks - (28 Jul 2010)

Foreign funds were net buyers of Malaysian equities in June.

UOB KayHian in its latest strategy report said… - (28 Jul 2010)

UOB KayHian in its latest strategy report said that there should be near term upside to the FBMKLCI and small-medium cap stocks.

KL bourse offers 'safe refuge': JPMorgan - (28 Jul 2010)

Malaysia’s stock market is a “safe refuge” for foreign investors seeking shelter from volatility in other Asian markets because of its domestic economy and defensive qualities, JPMor

Buying momentum in M'sian market increases - (28 Jul 2010)

The FBM KLCI was lifted higher by 1.85 points to 1,354.08, buoyed by Penang developer Ivory Properties Group Bhd which made a dazzling 29 sen premium to RM1.29 at 12.30pm.

KL shares firmer at midafternoon - (28 Jul 2010)

Share prices on Bursa Malaysia were higher at midafternoon today, supported by continued buying in selected blue-chips, dealers said.

They said the steadier performance in key Asian equity mark

EON Cap to hold EGM on HLB takeover - (28 Jul 2010)

KUALA LUMPUR: The board of EON Capital Bhd, owner of Malaysia’s seventh largest bank, will ask shareholders to vote on Hong Leong Bank Bhd’s RM5.06bil (US$1.6bil) takeover offer on Aug 19, according to a statement sent to Bursa Malaysia yesterday.

Hirotako's price recovery likely - (28 Jul 2010)

SHARE prices on Bursa Malaysia slipped into sideway consolidations yesterday. Losers outpaced gainers by 381 to 308.

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) fell from

KL bourse mixed in bullish trading - (28 Jul 2010)

At the close, the FBM KLCI inched up 0.41 point or 0.03 per cent to end at 1,352.23, after opening 0.65 point higher at 1,352.47.

The key index traded within a range of 8.94 points between a

KL stocks mixed amid profit-taking - (27 Jul 2010)

At 5pm, the FBM KLCI rose 6.14 points or 0.46 per cent to close at 1,351.82, its highest closing level for this year. The key index moved between 1,352.94 and 1,348.58 yesterday after opening 4.86 p

lifts funds’ interest in blue chips - (27 Jul 2010)

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI, which tracks the top 30 Malaysian companies on the local stock exchange, has placed more blue-chip stocks on the radar of foreign institutional investors as well as fund managers since it was implemented a year ago.

KL shares mixed at midday - (27 Jul 2010)

Share prices on Bursa Malaysia were mixed at midday today as some investors took profit after earlier gains, dealers said.

They said profit taking activities in selected blue chips, especially

Do more to make Malaysia sexy to fund managers: Aberdeen Asset - (27 Jul 2010)

Malaysia needs to make itself interesting to attract foreign fund managers to invest here.

"We are doing the right things, but the Malaysian economy is not currently viewed as sexy compared to

KL shares close mixed - (27 Jul 2010)

Share prices on Bursa Malaysia closed mixed today with the key index finishing in positive territory, supported by late buying of select heavyweights, dealers said.

At 5pm, the FBM KLCI

Renewed optimism spurs mart to new high - (27 Jul 2010)

Dealers said that the local market along with most other markets in the region was boosted by renewed optimism over the health of the global economy after most European banks passed stress tests and t

Extended rebound for Globetronics likely - (27 Jul 2010)

SHARE prices on Bursa Malaysia extended their technical rebounds yesterday. Losers out-paced gainers by 355 to 336.

FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rebounded from

closed higher - (27 Jul 2010)

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) closed higher today by 0.41 points to 1,352.23 as investors confidence grew due to positive news on the prospects of global economy.

KL shares firmer at midday - (26 Jul 2010)

Bursa shares stayed higher at midday today backed by continued buying in selected blue chips as well as lower liners, dealers said.

They said the buying sentiment was boosted by gains in region

closes higher - (26 Jul 2010)

KUALA LUMPUR: The FBM KLCI ended higher for the day with the benchmark index rising 6.14 points to 1,351.82.

KL bourse's upward momentum intact - (26 Jul 2010)

The local stock market extended gains for a third week, shored up by recently listed small-cap stocks, especially in the consumer sector, which rose sharply as investors returned to bargain hunt after

Most Asian markets remain in positive territory at midday - (26 Jul 2010)

KUALA LUMPUR: Most Asian markets remained in positive territory on Monday midday trade in tandem with Wall Street’s performance on Friday which was boosted by better-than-expected US corporate earnings.

Ancom may test overhead resistance - (26 Jul 2010)

SHARE prices on Bursa Malaysia rebounded for the third consecutive week, with the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) continuing to stay above its critical support

KL market expected to build up this week - (26 Jul 2010)

IT looks like the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) may build up on last week’s momentum supported by positive external news.

FTSE: KL mart shows positive performance - (26 Jul 2010)

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 22.6 per cent year-on-year, higher than the FTSE Asia Pacific All Cap excluding Japan Index which went up 10.2 per cent.

FT

Malaysia mart to track US - (26 Jul 2010)

Analysts said the local market was likely to track the US market as there was a lack of strong leads at home.

Investors will be watching out for several big oil companies, such as Exxon Mobil,

KL shares close mixed, CI up - (26 Jul 2010)

Share prices on Bursa Malaysia closed mixed today as some investors took profit after earlier gains, dealers said.

At 5pm, the FBM KLCI rose 6.14 points or 0.46 per cent to close at 1,35

'Positive performance by Malaysian market' - (26 Jul 2010)

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 22.6 per cent year-on-year, higher than the FTSE Asia Pacific All Cap excluding Japan Index which went up 10.2 per cent.

FTS

Positive Performance By Malaysian Market, Says FTSE Group - (26 Jul 2010)

KUALA LUMPUR, July 26 (Bernama) -- The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 22.6 per cent year-on-year, higher than the FTSE Asia Pacific All Cap excluding Japan Index which went up 10.2 per cent.

FBM KLCI futures turn bullish - (26 Jul 2010)

THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) futures spot month contract on Bursa Malaysia Derivatives closed at 1,354 last Friday with an open interest of 19,539 contracts.

Major breakout may be imminent - (24 Jul 2010)

Dismal economic data and disappointing earnings results from several big names, such as General Electric Co, Bank of America Corp and Citigroup Inc pulled the Dow Jones Industrial Average down by a hefty 261.41 points to 10,097.90 and crude oil futures by 61 cents to US$76.01 a barrel the previous Friday.

Bursa ends higher on regional advances - (23 Jul 2010)

KUALA LUMPUR: Asian markets advanced on Friday, as strong US corporate earnings outlook encouraged investors to dive back into equities. The FBM KLCI closed at its highest in more than two months.

Earnings optimism lifts jittery markets - (23 Jul 2010)

KUALA LUMPUR: Malaysian shares adavnced on Friday, as upbeat corporate earnings forecast in the US jolted sentiment across the region. On Bursa Malaysia, construction stocks sizzled.

ends the day lower - (22 Jul 2010)

KUALA LUMPUR: The FBM KLCI ended lower for the day with the benchmark index slipping 4.97 points to 1,336.05.

Local bourse closed higher - (21 Jul 2010)

KUALA LUMPUR: The FBM KLCI closed 3.35 points higher at 1,341.02 Wednesday.

Khazanah sells 5% stake in TM shares for RM581mil - (21 Jul 2010)

PETALING JAYA: State investment arm Khazanah Nasional Bhd sold 178.87 million shares, or 5% stake, in Telekom Malaysia Bhd (TM) yesterday at RM3.25 each, raising some RM581mil.

ends in positive territory - (20 Jul 2010)

KUALA LUMPUR: The FBM KLCI ended higher for the day with the benchmark index gaining 4.32 points to 1,337.67.

Asia markets mostly rise amid jump in China shares(update) - (20 Jul 2010)

BANGKOK: Asian stock markets mostly rose Tuesday, shrugging off weak U.S. corporate results as Chinese shares leapt for a second day amid expectations Beijing will moderate its efforts to cool the world's No. 3 economy.

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US and local markets face upward bias this week - (19 Jul 2010)

THE local stock market is expected to be range-bound with an upward bias as US and local corporate earnings due out this week may surprise on the upside, according to analysts.