102847411
liked
ColumnsMY Morning Wrap | Public Bank Receives Approval to Acquire RHB Bank's Stockbroking Firm in Vietnam
Good morning mooers! Here are things you need to know about today's market:
●US Stock Market Dips as Strong Labor Market Data Weakens Case for Interest Rate Cuts
●Tourism Malaysia Aims to Record 220 Million Domestic Visitors This Year
●Electric Vehicle Sales in Malaysia Predicted to Increase in 2024
●Stocks to watch: Public Bank, RHB Bank, Maxis
-moomoo News MY
Wall Street Summary
The US stock marke...
●US Stock Market Dips as Strong Labor Market Data Weakens Case for Interest Rate Cuts
●Tourism Malaysia Aims to Record 220 Million Domestic Visitors This Year
●Electric Vehicle Sales in Malaysia Predicted to Increase in 2024
●Stocks to watch: Public Bank, RHB Bank, Maxis
-moomoo News MY
Wall Street Summary
The US stock marke...
33
2
102847411
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
166
46
102847411
liked
The Malaysian stock market has seen mixed performance recently. The main index, FTSE Bursa Malaysia KLCI (FBM KLCI), dropped slightly to close at 1,596.68 points as of May 31, 2024. Despite this small decline, the market has grown about 6.9% over the past three months and 19.1% over the past year, showing an overall positive trend.
#### Fundamental Analysis
1. **Economic Indicators**:
- **GDP Growth**: Malaysia’s economy is growing, driven by strong do...
#### Fundamental Analysis
1. **Economic Indicators**:
- **GDP Growth**: Malaysia’s economy is growing, driven by strong do...
24
102847411
Set a live reminder
An overview of the US stock market and everything you need to know so that you start off on the right foot!
Topics covered:
- Overview of the US market
- Top US stock market indexes
- Why the US stock market
- Different ways to invest in the US market
- Other FAQs
You are free to ask any questions throughout the livestream!😊
Topics covered:
- Overview of the US market
- Top US stock market indexes
- Why the US stock market
- Different ways to invest in the US market
- Other FAQs
You are free to ask any questions throughout the livestream!😊
146
39
102847411
liked
There has always been a saying in the stock market that the Five Poor, the Six Terrible, and the Seven Turns Out. However, the author still believes that a brief downgrade/pullback for good companies is inevitable, so they will not deliberately open positions in May.
How hot is May 🔥 Naturally, everyone feels that it is not unusual for some popular stocks to rise 30-50% in the past month. However, this wave of bullish momentum has also benefited some single-digit PE companies that have been underestimated for a long time.
$CCK(7035.MY$
CCK is a frozen retail food company from SARAWAK in East Malaysia. The company's branches grew from 72 in 2022 to 75. Sales in all countries grew steadily, and sales from Japan grew by almost 100% in 2023.
Although there was a one-time profit in Q3 2022 and Q4 2023, after deduction, the company continued to grow for two consecutive years. CCK has been in Single Digit Pe for a long time in the past 2 years, and is far behind its peers. Malaysian stocks are booming this time, and the value of CCK has finally blossomed due to the influx of hot money. The stock price has risen 42% in the past month.
Furthermore, the shipping company Harbor has been making huge profits in freight rates for the past 3 years, although profits in the past few quarters have been affected by falling freight rates 📉. Recently, however, business has begun to improve, and profit Qoq has recovered. Coupled with soaring shipping costs in Europe and the US, GDP recovery and export growth in Q1, HARBOUR, which involves transportation and integrated logistics, was also seen by the market, and its stock price has risen 22% over the past month.
$HARBOUR(2062.MY$
...
How hot is May 🔥 Naturally, everyone feels that it is not unusual for some popular stocks to rise 30-50% in the past month. However, this wave of bullish momentum has also benefited some single-digit PE companies that have been underestimated for a long time.
$CCK(7035.MY$
CCK is a frozen retail food company from SARAWAK in East Malaysia. The company's branches grew from 72 in 2022 to 75. Sales in all countries grew steadily, and sales from Japan grew by almost 100% in 2023.
Although there was a one-time profit in Q3 2022 and Q4 2023, after deduction, the company continued to grow for two consecutive years. CCK has been in Single Digit Pe for a long time in the past 2 years, and is far behind its peers. Malaysian stocks are booming this time, and the value of CCK has finally blossomed due to the influx of hot money. The stock price has risen 42% in the past month.
Furthermore, the shipping company Harbor has been making huge profits in freight rates for the past 3 years, although profits in the past few quarters have been affected by falling freight rates 📉. Recently, however, business has begun to improve, and profit Qoq has recovered. Coupled with soaring shipping costs in Europe and the US, GDP recovery and export growth in Q1, HARBOUR, which involves transportation and integrated logistics, was also seen by the market, and its stock price has risen 22% over the past month.
$HARBOUR(2062.MY$
...
Translated
104
102847411
voted
RECAP
$NVIDIA(NVDA.US$ and $Netflix(NFLX.US$ fueled the sell-off in tech stocks that dragged the $S&P 500 Index(.SPX.US$ and the $Nasdaq Composite Index(.IXIC.US$ lower.
The Nasdaq fell 2.05% to close at 15,282.01 while the S&P 500 index slipped 0.88% to 4967.23. The $Dow Jones Industrial Average(.DJI.US$ was the outperformer, gaining 0.56% to 37,986.40.
$American Express(AXP.US$ and $JPMorgan(JPM.US$ led gains...
$NVIDIA(NVDA.US$ and $Netflix(NFLX.US$ fueled the sell-off in tech stocks that dragged the $S&P 500 Index(.SPX.US$ and the $Nasdaq Composite Index(.IXIC.US$ lower.
The Nasdaq fell 2.05% to close at 15,282.01 while the S&P 500 index slipped 0.88% to 4967.23. The $Dow Jones Industrial Average(.DJI.US$ was the outperformer, gaining 0.56% to 37,986.40.
$American Express(AXP.US$ and $JPMorgan(JPM.US$ led gains...
58
7
102847411
voted
With its unique digital characteristics and scarcity, Bitcoin is often touted as "digital gold", while traditional gold is widely recognized for its stable physical value and safe-haven status.
Since the start of the year, Bitcoin has seen a persistent increase in value, briefly surpassing the $73,000 threshold and achieving a 58% gain, thus marking a new all-time high against the US dollar. In parallel, amidst heightened geop...
Since the start of the year, Bitcoin has seen a persistent increase in value, briefly surpassing the $73,000 threshold and achieving a 58% gain, thus marking a new all-time high against the US dollar. In parallel, amidst heightened geop...
43
5
102847411
liked
News Highlights
$Taiwan Semiconductor(TSM.US$shares lowered by 1.9%, closing at $146.37. Its options trading volume was 0.57 million. Call contracts account for 79.8% of the total trading volume. The most traded calls are contracts of $140 strike price that expire on June 21st. The total volume reaches 65,642 with an open interest of 9,686.
Taiwan Semiconductor Manufacturing expected to win up to $5 billion...
$Taiwan Semiconductor(TSM.US$shares lowered by 1.9%, closing at $146.37. Its options trading volume was 0.57 million. Call contracts account for 79.8% of the total trading volume. The most traded calls are contracts of $140 strike price that expire on June 21st. The total volume reaches 65,642 with an open interest of 9,686.
Taiwan Semiconductor Manufacturing expected to win up to $5 billion...
48
102847411
voted
BHP Group is releasing its H1 2024 earnings on Feb 20, before the Australian stock market begins. How will the market react to the company's half year results? Vote your answer to participate!
Read more earnings information here.
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $BHP Group Ltd(BHP.AU$'s closing price at 4 PM AEDT Feb 20 (e.g., If 50 mooers make a correct guess, ea...
Read more earnings information here.
Rewards
● An equal share of 1,000 points: For mooers who correctly guess the price range of $BHP Group Ltd(BHP.AU$'s closing price at 4 PM AEDT Feb 20 (e.g., If 50 mooers make a correct guess, ea...
13
8
102847411
liked
Translated
1