KUALA LUMPUR, June 5 — Bursa Malaysia opened lower today tracking the mixed overnight performance of Wall Street along with the European Central Bank (ECB) announcement earlier today that it is pumping additional €600 billion (US$676 billion) to further...
Bursa Malaysia opened lower today tracking the mixed overnight performance of Wall Street. ― Picture by Hari Anggara
“What can be seen here is that the ECB, just like many others, is not in any better position in getting the grasp of the full depth and breadth of the economic crisis and the pace of the recovery.“The policy support is likely to keep markets happy, particularly as some of the economic data is improving as lockdowns are being relaxed, and it also means that with the inflation forecast clearly below 2.
“Hence, it is back not just to the FBM KLCI but it also returns to, among others, the FBM Emas Shariah Index,” said the research house.
United States Latest News, United States 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 | Malay MailKUALA LUMPUR, June 4 — Bursa Malaysia opened higher today in line with the encouraging overnight performance of Wall Street as the worldwide reopening of economic activities boosted investors’ confidence, said dealers. At 9.08am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 13.11...
Read more »
Bursa Malaysia stays positive at mid-afternoon | Malay MailKUALA LUMPUR, June 3 — Bursa Malaysia moved in positive territory at mid-afternoon today after financial services counters soared, led by Public Bank Bhd. At 3.01pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 20.94 points to 1,528.63 from 1,507.69 at Tuesday’s close. Turnover...
Read more »
Bursa Malaysia retrace movement to end higher at mid-day | Malay MailKUALA LUMPUR, June 3 — Bursa Malaysia recovered from a slight downtrend in mid-morning to end higher in the afternoon session, in tandem with regional peers, said dealers. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) garnered 12.14 points to 1,519.83 from 1,507.69 at...
Read more »
Bursa Malaysia turns lower at mid-morning | Malay MailKUALA LUMPUR, June 3 — Bursa Malaysia turns lower at mid-morning as investors were on short sell mode in recently-made gains, prominent in lower liners, mid-sized Islamic and conventional capitalisation stocks, dealers said. At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.71...
Read more »
Bursa Malaysia rallies to end at nearly five-month high | Malay MailKUALA LUMPUR, June 4 — Bursa Malaysia rallied today to close at its intraday-high, as well as its highest level in nearly five months, assisted by a mixture of industrial, consumer and healthcare sector stocks, in sync with better performance of regional indices. The benchmark FTSE Bursa Malaysia...
Read more »
Bursa Malaysia ends higher at mid-day | Malay MailKUALA LUMPUR, June 4 — Bursa Malaysia maintained its upswing to end the morning session higher with notable gains in mid-sized Islamic and conventional capitalisation stocks, said dealers. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) garnered 12.2 points to 1,550.73 from 1,538.53...
Read more »