Market Closing Update

MALAYSIAN shares ended higher on Tuesday with the Kuala Lumpur Composite Index adding 4.12 points to close at 1,821.25.

Some 2.83 billion lots, valued at RM2.35 billion were traded. Gainers numbered 420 while losers numbered 461.

Asian Market Update

Asian equities stuttered in early trade on Tuesday after healthy gains in the previous session attracted profit-takers, offsetting a strong lead from Wall Street.

Shanghai lost 1.03 per cent after rallying Monday in response to the Chinese central bank's weekend interest rate cut, while Hong Kong pared an initial advance to sit marginally lower.

Tokyo eased 0.21 per cent and Seoul was flat, while Sydney edged up 0.12 per cent ahead of a closely watched interest rate decision by Australia's central bank later in the day.

Asian Market Update

Asian markets were largely flat in morning trade Friday after the dollar firmed on US inflation data, while disappointing Japanese figures challenged Tokyo's war on falling prices.

Japanese inflation slowed for a sixth straight month in January - dampened by weak consumer spending and falling energy prices - its lowest level since Tokyo launched an offensive on falling prices and tepid growth nearly two years ago.

Tokyo ticked up 0.07 per cent, Hong Kong added 0.54 per cent and Shanghai edged down 0.08 percent. Seoul slipped 0.12 per cent while Sydney was up 0.37 per cent and Wellington added 0.08 per cent. Markets in Taiwan were closed for a public holiday.

Market Closing Update

MALAYSIA share prices closed lower on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 2.82 points to 1,815.86.

Volume was 1.7 billion lots worth RM1.9 billion.

Losers outnumbered gainers 427 to 379.

Asian Market Update

Asian stocks broadly rose Wednesday after US Federal Reserve chief Janet Yellen damped speculation of a rate hike before summer, and as eurozone finance ministers backed Greek reforms critical to avoiding a disastrous default.

The regional uptrend tracked fresh record highs on Wall Street and in Europe as investors breathed a cautious sigh of relief over the Greek package, which gives Athens a lifeline to pay its bills - for now - and sidestep an almost certain exit from the eurozone.

"The two potential international risk events for markets had positive outcomes," said Ric Spooner, chief market analyst at CMC Markets in Sydney.

"Janet Yellen's testimony moved expectations for a rate hike out in time while the boxes were ticked to cement a four-month funding programme for Greece." Tokyo edged up 0.14 per cent at the open, Sydney rose 0.28 per cent, Seoul jumped 0.74 per cent, while Wellington rallied 1.46 per cent.

Market Closing Update

MALAYSIA share prices closed higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 9.29 points to 1,818.68.

Volume was 2.18 billion lots worth RM2.12 billion.

Gainers outnumbered losers 432 to 409.

Asian Market Update

Asian stocks were mixed Tuesday as investors awaited proposed Greek reforms that are critical to winning an extension on its bailout, while US Federal Reserve Chair Janet Yellen's Congressional testimony was also in focus.

Tokyo's Nikkei index ticked up 0.13 per cent, Sydney edged 0.08 per cent higher, Seoul rose 0.51 per cent, while Wellington fell 0.56 per cent.

Hong Kong was down 0.51 per cent in morning deals while Taipei jumped 1.05 per cent in post-holiday trade.

Market Closing Update

MALAYSIA share prices closed higher on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.52 points to 1,809.39.

Volume was 2.47 billion lots worth RM1.84 billion.

Gainers outnumbered losers 428 to 382.

Asian Market Update

Asian stocks were mostly higher on Monday morning as investors cheered a last-minute deal to extend Greece's bailout by four months, giving Athens a lifeline to pay its bills and avoid a damaging default.

Tokyo led the charge with the benchmark Nikkei extending a 15-year high as it rose 0.81 per cent by the break, while Sydney was up 0.52 per cent, Wellington added 0.11 per cent, and Seoul climbed 0.41 per cent. Hong Kong fell 0.53 per cent.

Exchanges in Taiwan and mainland China are closed for the Lunar New Year holiday.

Asian shares picked up on a strong lead from Wall Street which bolted to fresh records Friday after the eurozone conditionally gave Greece the four-month debt bailout extension, easing worries over its future in the eurozone.

Asian Market Update

FINANCIAL markets in China, Hong Kong, Taiwan, Singapore, Malaysia, Indonesia and South Korea are closed on Friday for a public holiday.

Market Closing Update

MALAYSIA share prices closed lower on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 2.22 points to 1,807.87.

Volume was 897 million lots worth RM887.4 million.

Gainers outnumbered losers 381 to 276.

Market Closing Update

MALAYSIA share prices closed higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.2 points to 1,810.09.

Volume was 1.67 billion lots worth RM1.49 billion.

Losers outnumbered gainers 381 to 349.

Market Closing Update

MALAYSIA share prices closed higher on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 7.94 points to 1,808.89.

Volume was 2.06 billion lots worth RM2.12 billion.

Gainers outnumbered losers 452 to 352.

Asian Market Update

Asian markets advanced on Monday following a record close on Wall Street, while Greece's leadership said it was upbeat that it could hammer out a new debt deal with its European creditors.

Japanese shares were supported by data showing the economy had exited recession, although gains were tempered as it grew at a slower pace than expected.

Tokyo was up 0.66 per cent by the break. Hong Kong added 0.14 per cent in morning trade, Sydney was flat, Shanghai put on 0.10 per cent and Seoul was 0.10 per cent higher.

Asian Market Update

Asian markets mostly rose Friday after European leaders and Russia agreed a plan to end Ukraine's 10-month war, while traders were confident Greece would eventually hammer out a debt overhaul with its creditors.

The upbeat outlook for the crises provided a catalyst for an equities rally in Europe and the United States, a mantle picked up in bourses across Asia.

Hong Kong rose 0.46 per cent, Shanghai added 0.50 per cent and Seoul put on 0.33 per cent, while Sydney rallied 1.09 per cent as energy firms were boosted by a rebound in oil prices.

Market Closing Update

Malaysian shares closed lower on Thursday with the Kuala Lumpur Composite Index slipping 9.88 points to 1,789.07.

Some 1.68 billion lots, valued at RM2.51 billion were traded. Losers outnumbered gainers 436 to 326.

Asian Market Update

The euro slipped in Asian trade Thursday while most equity markets sank after talks between Greece and its European creditors on restructuring the country's bailout broke up without agreement.

Japanese investors bucked the regional trend, lifting the Tokyo market as the yen retreated against the dollar thanks to investors betting on the US Federal Reserve hiking interest rates by the middle of the year.

Japan's Nikkei, which was closed Wednesday for a public holiday, rallied 1.78 per cent.

However, Hong Kong lost 0.16 per cent, Shanghai fell 0.18 per cent and Seoul dipped 0.44 per cent.

Asian Market Update

Asian markets mostly rose in early trade Wednesday as hopes grew for a breakthrough from crucial meetings at which Greece will try to convince its European creditors to renegotiate terms of its bailout.

Dealers were given a positive lead from New York and Europe, even after Greece's combative leaders vowed not to bow to German-led pressure to complete an austerity-laden agreement, leading to fears Athens will default and exit the eurozone.

Hong Kong was 0.65 per cent higher, Seoul added 0.47 per cent, Shanghai put on 0.20 percent and Taipei gained 0.69 per cent while Sydney eased 0.62 per cent.

Market Closing Update

Malaysian shares closed lower on Tuesday with the Kuala Lumpur Composite Index slipping 0.46 points to 1,811.12.

Some 2.47 billion lots, valued at RM2.29 billion were traded. Losers outnumbered gainers 434 to 373.

Asian Market Update

Asian markets slipped on Tuesday on renewed fears that Greece will default on its debt obligations, while Shanghai bucked the trend after China released data showing inflation at its lowest level in more than five years.

Investors took their cue from New York and Europe as the new anti-austerity government in Athens refused to back down on demands to renegotiate its bailout, putting on a collision course with its creditors.

Tokyo fell 0.64 per cent, Hong Kong gave up 0.19 per cent, Sydney fell 0.32 per cent, Seoul was 0.29 per cent lower and Shanghai gained 0.38 per cent.