KLCI Breaks 1,500 Points, Tech Stocks Lead
Benefiting from the global tech stock rebound, KLCI strongly broke through the 1,500 psychological barrier today with trading volume hitting a three-month high.
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Benefiting from the global tech stock rebound, KLCI strongly broke through the 1,500 psychological barrier today with trading volume hitting a three-month high.
Genting Malaysia's Q3 net profit grew 45% YoY, mainly benefiting from tourism recovery and new casino facility openings.
Fed Chair Powell hinted at three possible rate cuts in 2024, driving Asian stock markets higher across the board. Malaysian stocks are expected to continue their rally.
Bank Negara Malaysia announced maintaining the Overnight Policy Rate (OPR) at 3.00%, in line with market expectations.
Public Bank has seen net foreign buying exceeding RM200 million for five consecutive days, with stock price breaking RM5.00 to hit an all-time high today.
Benefiting from government green energy policies, Malaysian renewable energy stocks surged collectively today with multiple solar concept stocks hitting limit up.