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KUALA LUMPUR: Bursa Malaysia closed higher on Tuesday supported by buying activities from local and foreign institutions. At 5pm, FTSE Bursa Malaysia (FBM) KLCI closed 0.13 per cent or 2.05 points higher to 1,561.64 on Tuesday versus 1,559.59 on Monday's close.The benchmark ...
KUALA LUMPUR: Continued buying in index-linked stocks boosted Bursa Malaysia, resulting to a higher close today, in line with the performance of its regional peers.
KUALA LUMPUR: Bursa Malaysia closed higher at lunch break, supported by heavyweights mainly in the financial services and plantation sectors. Bursa Malaysia ended the lunch break higher, supported by heavyweights in the plantation and financial services industries.At 12.30pm, FTSE ...
KUALA LUMPUR: Taiwan Semiconductor Manufacturing Co Ltd's (TSMC) result for the first quarter of 2-24 (Q1 2024) reaffirmed recovery in the global semiconductor market, which will lead to a pick up in demand for Malaysian technology players. CIMB Securities Sdn ...
KUALA LUMPUR: The FBM KLCI finished higher on Friday despite a generally weak market, partly due to increased tension in the Middle East that reduced investors' appetite for risk.
KUALA LUMPUR: Bursa Malaysia started the week in the red as almost 1,000 counters ended lower, with investors grappling with soaring tensions in the Middle East.
TA Securities has maintained its 'overweight' stance on the technology sector, and said the sentiment of the semiconductor sector in Malaysia will improve gradually, underpinned by an anticipated recovery in global demand and increasing trade diversion opportunities as a result of the 'China Plus One' strategy.
PETALING JAYA: An average of 8% year-on-year (y-o-y) sales growth can be expected for the Malaysian technology sector in the first quarter of this year (1Q24) as global semiconductor demand recovery remains on track for the year.