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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: Copper prices have risen again
•Precious metals: Gold and silver experienced a resurgence
•Bulk commodity: Iron ore prices have fallenl to the lowest point in over two weeks
Spot Price Snapshot
Key Price Moves
$Gold Futures(JUN4)(GCmain.US$ and $Silver Futures(JUL4)(SImain.US$ ...
•Base metals: Copper prices have risen again
•Precious metals: Gold and silver experienced a resurgence
•Bulk commodity: Iron ore prices have fallenl to the lowest point in over two weeks
Spot Price Snapshot
Key Price Moves
$Gold Futures(JUN4)(GCmain.US$ and $Silver Futures(JUL4)(SImain.US$ ...
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Bursa Crest Builders had a terrible decade with declining top line, bottom line and returns. From 2012 to 2018, the Group achieved an average ROE of 8%. From 2020 to 2023, the average ROE had declined to negative 11%.
This is obviously a company facing a turn around. The good signs are that its construction arm has a RM 2.2 billion order book as of 2022 and its property development arm has RM 2.2 billion gross development value of projects. And i...
This is obviously a company facing a turn around. The good signs are that its construction arm has a RM 2.2 billion order book as of 2022 and its property development arm has RM 2.2 billion gross development value of projects. And i...
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$Apple(AAPL.US$ has just unveiled 2 new ipads! Here’s a quick summary on the products:
iPad Air (redesigned 11-inch and a new 13-inch)
M2 Chip: Both models are equipped with the powerful M2 chip, enhancing performance and AI capabilities.
Display: Features include a Liquid Retina display with True Tone technology and support for P3 wide color.
Camera Enhancements:
- Landscape front-facing Ultra Wide 12MP camera with Center Stage technology.
- High-resolution 12MP ...
iPad Air (redesigned 11-inch and a new 13-inch)
M2 Chip: Both models are equipped with the powerful M2 chip, enhancing performance and AI capabilities.
Display: Features include a Liquid Retina display with True Tone technology and support for P3 wide color.
Camera Enhancements:
- Landscape front-facing Ultra Wide 12MP camera with Center Stage technology.
- High-resolution 12MP ...
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Wall street and statue of liberty✅
Feeling the magic of the New York Stock Exchange at Wall Street and seeing the Statue of Liberty in person, breathtaking to say the least💯
Would you wish to visit the Charging Bull one day?😁
Feeling the magic of the New York Stock Exchange at Wall Street and seeing the Statue of Liberty in person, breathtaking to say the least💯
Would you wish to visit the Charging Bull one day?😁
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Today is the second day after $MYEG(0138.MY$ showed a strong spike on last Friday, from day low RM0.805 to day high 0.925, hit its highest since Feb 2023 (more than a year high) with nearly 13% gains in a single trading day.
My thought will be this key question: can MYEG price extend its momentum today or correction after a strong spike? Referring to historical chart, there is a high potential that the share prices will retreat after a strong spike, so I wan...
My thought will be this key question: can MYEG price extend its momentum today or correction after a strong spike? Referring to historical chart, there is a high potential that the share prices will retreat after a strong spike, so I wan...
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$Meta Platforms(META.US$
Meta's Q1 earnings call focused on AI and the metaverse, highlighting ongoing investments and future potential. Despite reporting better-than-expected profits and revenues, Meta's shares dropped 19%, erasing over $200 billion in market cap.
The plunge reflected investor concerns as Meta continues to invest heavily without immediate monetization. Zuckerberg reiterated the company's historical pattern of stock volatility during phases of scaling...
Meta's Q1 earnings call focused on AI and the metaverse, highlighting ongoing investments and future potential. Despite reporting better-than-expected profits and revenues, Meta's shares dropped 19%, erasing over $200 billion in market cap.
The plunge reflected investor concerns as Meta continues to invest heavily without immediate monetization. Zuckerberg reiterated the company's historical pattern of stock volatility during phases of scaling...
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After last week's SHAKEOUT, KLCI has had six consecutive wins.
This is the third time this year that it has been six consecutive years.
Malaysian stocks have more than 1,000 shares, and KLCI has only 30 large constituent stocks.
It does not adequately represent the market situation.
I am focusing on EMAS trends,
The EMAS index returned to MA50 after being adjusted on 12/12/23 last year.
I've been walking on the MA50 for 88 days now, +10.46%.
Pretty forms a primary trend.
This is the second-longest rise in the EMAS index above MA50 in the past ten years.
In January 2017, it took 114 days, up to +10.99%.
In April 2020, it took 78 days to reach a maximum of +18.74% (strong recovery after the collapse of the epidemic.)
From December 2023 to today, it took 88 days +10.46%.
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY$
This is the third time this year that it has been six consecutive years.
Malaysian stocks have more than 1,000 shares, and KLCI has only 30 large constituent stocks.
It does not adequately represent the market situation.
I am focusing on EMAS trends,
The EMAS index returned to MA50 after being adjusted on 12/12/23 last year.
I've been walking on the MA50 for 88 days now, +10.46%.
Pretty forms a primary trend.
This is the second-longest rise in the EMAS index above MA50 in the past ten years.
In January 2017, it took 114 days, up to +10.99%.
In April 2020, it took 78 days to reach a maximum of +18.74% (strong recovery after the collapse of the epidemic.)
From December 2023 to today, it took 88 days +10.46%.
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY$
Translated
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