Isn, Mac

KUALA LUMPUR - Shares on Bursa Malaysia were traded higher this morning, supported by China's positive stock market outcome, a dealer said.

At 9.03 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.33 points better at 1,725.06 after opening 0.2 points lower at 1,723.53.

She said the rise of the shares was prompted by limits imposed by Chinese regulators on short selling on the mainland in its quest to stabilize the market.

The Shanghai Composite Index rose 133.64 points or 3.69 per cent to 3,756.54 in light of the regulations.

"The local stock exchange was lifted by some buying from investors taking cue of the brighter Chinese stock market," she said.

On the scoreboard, the FBM Emas Index increased 13.44 points to 11,878.01, the FBMT100 Index gained 13.57 points to 11,565.4 and the FBM Emas Syariah Index rose 14.01 points to 12,355.74.

However, the FBM Ace declined 5.87 points to 6,219.64 while the FBM 70 improved 32.39 points to 12,782.41.

On a sectoral basis, the Finance Index advanced 16.07 points to 15,441.95, the Plantation Index garnered 13.61 points to 7,370.87 and the Industrial Index advanced 20.56 points to 3,295.61.

Gainers led losers 88 to 74, while

JAKARTA: Most Southeast Asian stock markets fell on Tuesday, with the Thai index snapping a three-day rising streak as a weak economy dashed hopes of strong corporate earnings while the Malaysian index retreated as investors cashed quick gains in telecoms.

The Thai SET index eased, trimming some of the combined 1.6 percent gain in the three sessions to Monday.

Shares of mobile operator Advanced Info Service fell 1.2 percent on lower revenue growth forecast. 

Banking shares fell 0.5 percent

KUALA LUMPUR: Fund buying of key stocks including Maybank pushed the FBM KLCI solidly beyond the critical 1,700 level in Friday morning trade as the volatile July comes to an end.

At 9.43am, the KLCI was up 8.42 points or 0.5% to 1,708.34. Turnover was 291.13 million shares valued at RM152.21mil, reflecting the lower quality of buying. Gainers led losers 224 to 176 while 217 counters were unchanged.

Despite the firmer market sentiment, BIMB Securities Research had cautioned investors the

SYDNEY: Asian shares attempted a rebound on Wednesday on hopes that Beijing could stem the rout in its markets without damage to the economy, though caution was the watchword ahead of a policy decision from the U.S. Federal Reserve.

Australia's main index <.AXJO> rose 0.9 percent in early trade, while Japan's Nikkei <.N225> flitted in and out of positive territory. MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> firmed 0.5 percent.

Sentiment was

KUALA LUMPUR - Shares on Bursa Malaysia were traded higher Friday morning supported by mild buying in selected heavyweights, a dealer said.

At 9.18 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.19 points better at 1,704.11 after opening 1.39 points higher at 1,701.31.

He said the local stock exchange was lifted by some buying from the domestic players especially in finance-related stocks.

Maybank rose three sen to RM9.02, Public Bank added 10 sen to RM18.98 while CIMB was four

KUALA LUMPUR: BIMB Securities Research expects the local market to remain sideways with slight downside bias due to lack of fresh catalysts.

It said on Thursday that was coupled by the continuous selling by foreign institutions but it expects the FBM KLCI to experience strong support at 1,690.

On Wednesday, the KLCI fell 0.71 points to close at 1,698.99, dragged down mainly by O&G and energy stocks.

Foreign institutions and local retail remained the net sellers while local institutions

KUALA LUMPUR: BIMB Securities Research expects Bursa Malaysia to remain weak in the near future due to negative sentiment all over the region with immediate support at 1,690.

On Tuesday, the FBM KLCI ended 10.06 points lower, settling at 1,699.70, dragged down by transport and plantation counters.

BIMB Research said foreign institutions and local retail remain the net sellers at -RM288.9mil and RM31.4mil while local institutions were net buyers at RM320.3mil.

Europe and Wall Street ended

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