us stocks


Wall Street slips as healthcare slumps again

NEW YORK, April 18 — US stocks dipped in volatile trading today, ahead of a long Easter weekend, as another drop in healthcare stocks overshadowed gains from industrials after upbeat earnings. In a bright spot, US retail sales increased by the…

Wall Street dips, weighed down by healthcare plunge

NEW YORK, April 18 ― US stocks ended slightly lower yesterday as a drop in healthcare shares overshadowed a string of positive corporate earnings and upbeat economic data from the United States and China. All three major US stock indexes ended the…

World stocks skid as healthcare plunge obscures China rebound

NEW YORK, April 18 ― Stocks around the globe fell yesterday as a continued flight from healthcare shares dragged on Wall Street, overshadowing upbeat economic data from China. The S&P 500 dipped as the healthcare index dived 2.9 per cent to…

China data lift US stocks but IBM weighs on Dow

NEW YORK, April 15 — Wall Street stocks were mostly higher as trading opened today following better-than-expected Chinese economic data, although weak IBM results weighed on the Dow. About 15 minutes into trading, the Dow Jones Industrial Average…

Wall St edges higher on generally positive earnings

NEW YORK, April 17 — US stocks ended slightly higher yesterday, with the S&P 500 inching closer to its all-time high following a string of mostly positive earnings, while a drop in healthcare shares limited the advance. All three major US…

Wall St rises on tech boost, robust Johnson & Johnson earnings

NEW YORK, April 16 — US stocks rose today, powered by stellar results from healthcare conglomerate Johnson & Johnson and gains in technology stocks, with the benchmark S&P 500 less than a per cent away from its all-time high. Johnson &…

Global stocks little changed as Easter break saps volumes

NEW YORK, April 16 — Global stocks finished little changed yesterday following a quiet session as investors eyed the latest in trade diplomacy and US banks reported mixed earnings. The eurozone’s main stock markets edged higher in subdued deals,…

Bursa Malaysia extends last week gains to open higher

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) extended last week’s gains to open higher today, driven by positive catalysts on the local market in line with an uptrend on the regional bourses, dealers said.

The index, which opened 4.78 points higher at 1,634.95, improved 6.34 points to 1,636.51 at 9.31am.

On the broader market, gainers outnumbered decliners 269 to 140, while 265 counters remained unchanged, 1,218 untraded and 31 others suspended.

Turnover stood at 472.20 million shares worth RM171.53 million.

In a research note today, Public Investment Bank Bhd said FBM KLCI might open with a positive note today after US stocks closed higher Friday following a series of strong bank earnings, led by JPMorgan, which boosted confidence in the US economy.

The Dow Jones Industrial Average rose nearly 270 points.

Meanwhile, Maybank Investment Bank Bhd said investors were generally neutral-to-positive on Malaysia’s macro sentiments, but the majority were underweight on Malaysia’s equities, with the key issue being the catalyst and compelling reason to invest in Malaysian equities.

“Multi-asset fund managers see more upsides in Malaysian fixed income given the “positive carry”, undervalued ringgit against the US dollar and the prospect of an interest rate cut by the Bank Negara Malaysia,” it said.

Of the heavyweights, Maybank, Public Bank and TNB rose two sen each to RM9.29, RM22.60 and RM12.30, respectively, while Petronas Chemicals jumped 13 sen to RM8.84.

Of the actives, Bio Osmo was 1.5 sen higher at 4.5 sen, Bumi Armada earned half-a-sen to 20.5 sen, while Sapura Energy eased half-a-sen to 34 sen and Bio Osmo slipped one sen to 6.5 sen.

The FBM Emas Index improved 40.27 points to 11,601.73, the FBMT 100 Index gained 39 points to 11,424.97 and the FBM Ace Index inched up 50.02 points to 4,799.42.

The FBM Emas Syariah Index advanced 43.41 points to 11,808.80 and the FBM 70 appreciated 39.53 points to 14,518.02.

Sector-wise, the Financial Services Index was up 62.93 points to 16,885, the Plantation Index was 14.61 points higher at 7,283.95, while the Industrial Products and Services Index increased 1.53 points to 169.66.

The physical price of gold as at 9.30am stood at RM164.62 per gramme, down 83 sen from RM165.45 at 5pm last Friday. — Bernama

Bursa extends last week's gains to open higher

KUALA LUMPUR, April 15 — The FTSE Bursa Malaysia KLCI (FBM KLCI) extended last week's gains to open higher today, driven by positive catalysts on the local market in line with an uptrend on the regional bourses, dealers said. The index, which…

Yen near this year's lows as risk appetite improves

TOKYO, April 15 — The yen hovered near its lowest level this year today as more signs of stabilisation in the Chinese economy and an upbeat start to the US earnings season prompted investors to abandon the safe-haven currency to seek higher…