KUALA LUMPUR, June 11 — Bursa Malaysia ended broadly lower across the board today, down 1.14 per cent, in line with regional peers after the Federal Reserve’s (Fed) dovish statement yesterday undermined recent market optimism. The Fed had signalled the interest rates to remain at the current...
The benchmark FTSE Bursa Malaysia KLCI fell 8.02 points to end the day at 1,557.25 from yesterday’s close of 1,575.27. — Bernama pic
The index opened 2.38 points better at 1,577.65 and hovered between 1,550.90 and 1,586.22 throughout the trading session. Locally, he said the FBM KLCI correction was expected today as the index level had been hovering at an overbought region while the price-earnings multiples were also quite stretch.
Regionally, Japan’s Nikkei decreased 2.82 per cent to 22,472.91 and Singapore’s Straits Times dropped 3.45 per cent to 2,704.06 and Hong Kong’s Hang Seng Index fell 2.27 per cent to 24,480.15.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa Malaysia opens higher in early trading | Malay MailKUALA LUMPUR, June 11 ― Bursa Malaysia opened higher today, despite the weaker overnight performance of Wall Street as investors assessed the dovish statement from the US Federal Reserve (Fed), dealers said. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.29 points higher...
Read more »
Bursa Malaysia offers disclosure guidance for listed companies affected by Covid-19 | Malay MailKUALA LUMPUR, June 11 — Local stock exchange operator Bursa Malaysia Securities Bhd has issued a disclosure guidance on Covid-19 related impacts and investments for listed companies, as part of its commitment to assist them during this challenging time. Bursa Malaysia said based on its...
Read more »
Bursa Malaysia opens higher, then retreats | Malay MailKUALA LUMPUR, June 10 — Bursa Malaysia opened slightly higher today, but retreated thereafter on profit-taking while tracking the overnight retracement of the Wall Street on concern that the blistering rally in risk assets overshot economic prospects, dealers said. At 9.07 am, the benchmark FTSE...
Read more »
Bursa Malaysia ends broadly higher on persistent buying | Malay MailKUALA LUMPUR, June 9 — Bursa Malaysia ended higher after a long holiday weekend on persistent buying activities across the board. The sentiment remained positive as the government was set to open up almost all economic activities starting tomorrow, further easing of restrictions as part of its...
Read more »