Good morning mooers! Here are things you need to know about today's market:
●Indexes Finish Higher, Rebounding from AI Stock Pullback
●Malaysia's Foreign Exchange Reserves Decline to USD 113.4 Billion
●Khazanah Nasional to Launch MYR 1 Billion National Fund Portfolio for Malaysian Start-Ups
●Stocks to watch: Sunview, Iris Corp
-moomoo News MY
Wall Street Summary
Indexes finished in the green on Monday, rebo...

(Petaling Jaya, 18th) Dato' Sri Nanli, director of the National Police Commercial Crime Investigation Department, confirmed that the airline founders arrested by the police yesterday were MyAirline founder and majority shareholder Dato' Wu Huanhua and his wife and children!
When South Lee was interviewed by this newspaper this morning, it was confirmed that the police arrested 3 people last night and that they will apply for additional detentions this morning.
According to information, Wu Huanhua, his wife and children will be taken to the Zengjiang Detention Center and detained.
Nan Lee said yesterday that the three people mentioned above will assist the police in carrying out investigations under the 2001 Anti-Money Laundering, Prevention of Terrorist Financing, and Proceeds from Illegal Activities Act.
Wu Huanhua, 57, and his wife, Natine Leung Yin-lai (55), and son Wu Sihan (26), were arrested yesterday evening (17th) at their home in Shah Alam.
According to data, the two companies where Wu Huanhua is a director at the same time own up to 98% of MyAirline's shares, while the remaining 2% or 40,000 shares are held by Zhang Qingfu, the former CEO of MyAirline. Leung Yin-lai and Ng Si-han are also directors of MyAirline.
Source: Xingzhou Network

As risk sentiment weakened due to concerns about the Israel-Hamas conflict, most Asian stock markets declined on Monday. Japan's Nikkei index led the decline due to tension before key inflation data was released.
As Israel prepares to launch a ground attack on the Gaza Strip, the market is still worried that the Israeli-Hamas conflict will spread to the Middle East. However, US Secretary of State Anthony Blinken said that Arab countries do not want the conflict to spread.
Despite this, risk appetite remains weak, and is also pressured by concerns about rising US interest rates, as last week's inflation data exceeded expectations.
Japan's Nikkei index performed the worst amid a return in profits and a sharp decline in the tech industry.
Last week, the Bank of Japan's policy was looser, and the relatively strong performance of Japanese companies attracted a large number of foreign buyers and boosted the index.
However, worsening risk appetite has caused investors to lock in recent profits, and technology stocks have suffered maximum sell-off, as the market is still worried that interest rates in the US will rise.
Investors are also cautious about Japan ahead of September's key inflation data to be released later this week. If there are signs that inflation continues to rise, this may give the Bank of Japan an impetus to strengthen its policies.
The entire Asian market has declined. South Korea's KOSPI index fell 1%, and Australia's ASX 200 index fell 0.2%.
Indonesia's Nifuit 50 futures forecast a positive opening, especially after last week showed consumer inflation moderated in September. India's wholesale inflation data will be released later on Monday...

Nice move and continues gap play 1.11.

Which comes first? Upper unfilled  gap at 382.79 or lower 368.63?
We have Inside Day yesterday which shown support at prior breakout level - good sign, stop distribution is a key.
But ST pattern: Death cross, 5 distibution days, 2 red O/Bars still  created uncertainties.