101880993
liked
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY$
#绿油油
Entering June 2024, Malaysian stocks quickly recovered from the previous pullback. Mainly because after the opening of trading in May, the bad ones were liquidated, and those with good results were also recovered. Moreover, judging from the performance of 30 blue-chip stocks, the future of the index will be driven by a northern advance.
The composite index rose 11.2% in 2024. Only 5 areas performed less than the market, all with an increase of less than 10%. They are planting, industrial trusts, telecommunications media, consumer, and financial services.
Compared to FCPO's price fluctuations, the performance of planting stocks in Q1 was mixed, so the index increase temporarily came to an end. However, when the stock market is good, industrial trusts, which are defensive dividends, cannot attract much capital, and the market will be more biased towards popular and growth stocks. The consumer and telecommunications industries rose 8.1%, seeking merit but seeking nothing more.
The financial sector, due to its huge market capitalization, rose by only 8.2%, but it was the sector that drove the index to rise the most. Because before SUNWAY entered blue-chip stocks, bank stocks dominated 7 seats in the top 30, accounting for more than 40%.
The top 3 are still utilities (electricity infrastructure), construction, and industry. The energy sector, which had previously broken into the top 3, fell to 6th place because the market feared that oil prices would fall due to weak oil demand. Transportation and logistics due to the increase in freight rates over the past 2 months, plus Malaysian port students...
#绿油油
Entering June 2024, Malaysian stocks quickly recovered from the previous pullback. Mainly because after the opening of trading in May, the bad ones were liquidated, and those with good results were also recovered. Moreover, judging from the performance of 30 blue-chip stocks, the future of the index will be driven by a northern advance.
The composite index rose 11.2% in 2024. Only 5 areas performed less than the market, all with an increase of less than 10%. They are planting, industrial trusts, telecommunications media, consumer, and financial services.
Compared to FCPO's price fluctuations, the performance of planting stocks in Q1 was mixed, so the index increase temporarily came to an end. However, when the stock market is good, industrial trusts, which are defensive dividends, cannot attract much capital, and the market will be more biased towards popular and growth stocks. The consumer and telecommunications industries rose 8.1%, seeking merit but seeking nothing more.
The financial sector, due to its huge market capitalization, rose by only 8.2%, but it was the sector that drove the index to rise the most. Because before SUNWAY entered blue-chip stocks, bank stocks dominated 7 seats in the top 30, accounting for more than 40%.
The top 3 are still utilities (electricity infrastructure), construction, and industry. The energy sector, which had previously broken into the top 3, fell to 6th place because the market feared that oil prices would fall due to weak oil demand. Transportation and logistics due to the increase in freight rates over the past 2 months, plus Malaysian port students...
Translated
47
1
101880993
Set a live reminder
Join our webinar to decode Malaysia's stock market trends in H1 2024. Stay informed, stay ahead! Register now.
Table of Content
1. MY H1 2024 Performance Review
2. Main Economic Factors Influencing the MY Market
3. Global Influences on the MY Market
4. Economic Event Focus on H2 2024
5. Q&A Session
Table of Content
1. MY H1 2024 Performance Review
2. Main Economic Factors Influencing the MY Market
3. Global Influences on the MY Market
4. Economic Event Focus on H2 2024
5. Q&A Session
167
46
101880993
liked
Hey all, Cici receives a lot of feedback from mates stating that moomoo has a lot of features that they simply don't know about without digging in, and newbies can get lost.🗺️
In fact, moomoo has always been committed to creating a professional investment platform with “rich markets,” “fast transactions,” and “perfect analytical tools” for investors, so there are lots of tools and information that investors may no...
In fact, moomoo has always been committed to creating a professional investment platform with “rich markets,” “fast transactions,” and “perfect analytical tools” for investors, so there are lots of tools and information that investors may no...
+6
290
110
101880993
voted
Rapid Reversal: Could Inflation Be on the Upswing?
On May 15, the U.S. released April CPI data showing a slowdown in inflation, giving the market a sigh of relief. However, on May 23, S&P Global's preliminary May U.S. PMI data unexpectedly showed an uptick in economic activity, with business activity reaching its fastest expansion in over two years. This spooked the stock market, ca...
On May 15, the U.S. released April CPI data showing a slowdown in inflation, giving the market a sigh of relief. However, on May 23, S&P Global's preliminary May U.S. PMI data unexpectedly showed an uptick in economic activity, with business activity reaching its fastest expansion in over two years. This spooked the stock market, ca...
+3
14
4
101880993
voted
Hi, mooers,
We are thrilled to announce that our highly anticipated US fractional shares trading feature is live!
The Dow Jones Index has surpassed 40,000 points, with key constituent Apple having risen over 11% this month. The highly anticipated Nvidia is set to release its earnings after the U.S. market closed on the 22nd, with the potential for its stock price to exceed previous peaks.
Don't want to miss...
We are thrilled to announce that our highly anticipated US fractional shares trading feature is live!
The Dow Jones Index has surpassed 40,000 points, with key constituent Apple having risen over 11% this month. The highly anticipated Nvidia is set to release its earnings after the U.S. market closed on the 22nd, with the potential for its stock price to exceed previous peaks.
Don't want to miss...
39
28
101880993
commented on
$FFIE 240621 1.00C$
was a top day, pulled some profit. left some to ride until this goes to $10 minimum.
have a good weekend all!
was a top day, pulled some profit. left some to ride until this goes to $10 minimum.
have a good weekend all!
74
6
101880993
voted
$NVIDIA(NVDA.US$ is releasing its Q1 earnings on May 22, after the U.S. stock market close. How will the whole market react to the AI giant's results? Vote your answer to participate!
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA(NVDA.US$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote will close ...
Rewards
● An equal share of 10,000 points:
For mooers who correctly guess the price range of $NVIDIA(NVDA.US$'s opening price at 9:30 AM ET May 23 (e.g., If 50 mooers make a correct guess, they will get 200 points!)
(The vote will close ...
155
348
101880993
voted
Are you ready to surf the tumultuous tides of the stock market when the Fed announces its monetary policy decisions? Our "Invest with Sarge" live stream on April 30th delved into the strategies and insights to help you navigate Fed days confidently. Here's a snapshot of the wisdom the veteran trader, Sarge, shared during this engaging session.
🔮 The Two-Day Meeting Mystique:
The Silence Before the Storm: Picture the market as a va...
🔮 The Two-Day Meeting Mystique:
The Silence Before the Storm: Picture the market as a va...
64
19