european markets


Not out of the bearish trend

The market rebounded as expected after the FBM KLCI found support at 1,683 points in the sell down two weeks ago. The local market performance was in line with global markets which have also rebounded from a bearish market. The FBM KLCI increased only 0.1 per cent in a week to close 1,732.14 points last […]

Wall Street slides as Saudi Arabia, Italy add to economic concerns

NEW YORK, Oct 19 ― US stocks fell more than 1 per cent yesterday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia,…

External factors main cause of capital outflows — Lim

KUALA LUMPUR: External factors that influenced investor behaviour were among the main reasons which led to the foreign capital outflow last week, said Finance Minister Lim Guan Eng. He also cited other contributing factors such as the strengthening of the US dollar against other currencies and the unexpected increase in US Treasury yields which exceeded […]

Australian Market Declines


The Australian stock market is declining on Thursday following the modest losses overnight on Wall Street in a choppy session after minutes of the Federal Reserve’s latest monetary policy meeting indicated at more interest rate hikes moving forward. Gains by miners were more than offset by weakness in banks and oil stocks. In late-morning trades, the benchmark S&P/ASX 200 Index is declining 15.70 points or 0.26 percent to 5,923.40, off a low of 5,914.90. The broader All Ordinaries Index is down 17.10 points or 0.28 percent to 6,030.00. Australian stocksRead More

Asian stocks extend slide on plethora of risks

TOKYO, Oct 15 — Asian stocks started the week on the back foot today, with investors still in a gloomy mood after several days of market turbulence sparked by trade rows and a spat over the US central bank.  Meanwhile, European shares…

Technical rebound in a bearish trend

The market fell sharply after the government hinted that they are reducing shares exposure in government-linked public listed companies. The market was further spooked by plunge in the US markets that sent negative vibes to global markets. However, the market staged a technical rebound last Friday. The FBM KLCI fell 2.6 per cent in a […]

European shares slide on ‘powerful cocktail’ of China slump, Treasuries and Italy

LONDON, Oct 8 — European markets fell heavily today as investor confidence took a knock from last week’s spike in Treasury yields and from a Chinese market slump brought on by concerns that an escalating trade war with the United States could…

China slump weigh on regional markets despite central bank support

SHANGHAI, Oct 8 — Shares in Asia slumped today as China's markets stumbled in their first trading day after a one-week holiday even though Beijing's central bank increased liquidity to offset the impact of an escalating trade dispute with the…

US stocks flat as Italy worries weigh

NEW YORK, Oct 2 ― US stocks treaded water today, pressured by worries of a euro zone breakup after anti-euro comments from an Italian lawmaker. Italy would enjoy more favorable economic conditions outside of the euro zone, said Claudio Borghi, a…

Market at crucial short-term bullish trend support level

The FBM KLCI snapped a two-week gain and pulled back as expected after climbing to a three-month high two weeks ago. Market sentiment was a little weak on weaker than expected corporate results and weakening ringgit. The FBM KLCI fell 1.1 per cent in a week to 1,8,99.17 points last Friday. The decline was in […]