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Friday, May 20, 2016

KLCI fails to make significant gains as sentiment remains wary

The FBM KLCI failed to make any significant gain at the the midday break today, as investor sentiment continued to remain wary.   At 12.30pm, the FBM KLCI inched up 1.09 points to 1,634.85. Losers outpaced gainers by 367 to 291, while 347 counters traded unchanged. Volume was 919.25 million shares, valued at RM666.48 million. The top gainers at noon included Nestle (M) Bhd, UMW Holdings Bhd, Scientex Bhd, Malaysia Airports Holdings Bhd, Hap Seng Consolidated Bhd, Heineken Malaysia Bhd, Fraser & Neave Holdings Bhd and Time Dotcom...

Thursday, May 19, 2016

Malaysia's KLSE Stock Market Forecast for Friday

The FBM KLCI failed to continue with past two days bullish streak on Thursday and closed in red.The KLCI Closed at the level of 1633, almost in the same zone as on Tuesday. The bearish closing just before the last trading day of the week sends in negative signals with even less volume expected on Friday. Any move above the 1637 level is expected to touch the 1643 level whereas a bearish swipe below the 1621 level is expected to fall till 1611. Stocks for Tomorrow Today's Market Review for KLCI: The FBM KLCI index lost 1.96 points or 0.12%...