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Bursa Malaysia managed a modest recovery by midday after a turbulent morning, as strategic buying in heavyweights offset the earlier losses. The market was marked by choppy trading, with the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ rising by 0.16 points, or 0.01%, to 1,592.03 from the previous close of 1,591.87.
Market Movements and Key Statistics
The $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ opened 5....

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Bursa Malaysia mirrored the cautious sentiment in regional markets ahead of key US economic data releases. By lunchtime, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ had dropped 44.38 points, or 2.75%, to 1,566.67 from Friday’s close of 1,611.05.
Opening Bell and Market Movements:
• $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$: Opened 17.69 points lower at 1,593.36, its highest point today,...

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$HUBLINE (7013.BMS)$ Panic selling because of global sentiment , not because the company is in trouble

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Bursa Malaysia closed lower today, with the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ dipping 13.20 points, or 0.81%, to 1,611.05. The market was dragged down by broad-based selling in tandem with a regional slump, as investors remained cautious about slowing US economic growth and expectations of another rate hike in Japan.
Key Highlights
• Opening and Range: The $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ opened 4....

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Bursa Malaysia opened on a downbeat note this morning, mirroring Wall Street’s overnight slump. The market is feeling the heat from weak earnings reports from major tech giants, signaling potential economic concerns.
Opening Movements
• $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$: Fell by 10.65 points to 1,613.60 from yesterday’s close of 1,624.25. The index opened 4.94 points lower at 1,619.31.
•...

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Bursa Malaysia bounced back today, shaking off yesterday’s losses with a robust performance. The $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ surged 13.63 points, or 0.85%, to close at 1,625.57, driven by gains in the financial sector and positive regional market sentiment.
Key Movers and Shakers
• Heavyweights:
• Gainers: $MAYBANK (1155.BMS)$ (+14 sen to RM10.22), $PBBANK (1295.BMS)$ (+3 sen to RM4.21), $CIMB (1023.BMS)$ (+22 sen ...