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ColumnsThe US market could break history and extend its record rally this week. Here is your checklist
This week the US bull market could extend its record run with the S&P500 up 27% from its October and now just 0.5% away from striking its record all time high. If US CPI weakens as expected and US company earnings continue to beat expectations, then we will probably witness history, seeing the US market climb to new record highs.
What may support the US market higher is a bevy of factors including
- ...
What may support the US market higher is a bevy of factors including
- ...
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Commonwealth Bank of Australia $CommBank(CBA.AU$shares sank 2.2% after handing down quarterly results. So, it seems the market might not believe CBA's CEO when he suggested the bank could be nearing the end of its losses. But where will CBA shares go next? And how much would you be better off investing into Microsoft instead. We explore all this and more.
Well, when you look...
Well, when you look...
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$POHUAT(7088.MY$ $HOMERIZ(5160.MY$ $SYNERGY(0279.MY$
Malaysia's KLCI index has broken through a 2-year high, and many industries have gradually seen improvements. According to Malaysia 🇲🇾 trade data for March, exports of wood products, rubber products (gloves 🧤), plastic products, metals, etc. all showed signs of growing year by year.
As a result, our industrial services index rose 📈 10.3% this year, getting rid of the dilemma of falling in 2023. Furthermore, the US dollar strengthened in Q1, and it is expected that the results announced in May will result in foreign exchange profits. The Federal Reserve stopped raising interest rates, and Malaysian stocks are expected to stabilize. Q2 foreign exchange profit/loss will depend on foreign exchange trends at the end of June.
SYNERGY, which went public last year, is trending wild this year. It announced a record high net profit in February. This year, it has risen by more than 100%, and is already the target price given by all investment banks. The results of POHUAT and HOMERIZ were released in March and April, respectively. Their turnover grew by YOY and QOQ when inventory was replenished, and they also broke through a 52-week high after the results were released.
POHUAT's quarterly decline in cash was mainly due to increased turnover, and Inventories and Trade Receivables increased due to increased order turnover. Inventory will continue to be replenished in the next 1-2 quarters, and stable performance is expected. But the longer term hasn't...
Malaysia's KLCI index has broken through a 2-year high, and many industries have gradually seen improvements. According to Malaysia 🇲🇾 trade data for March, exports of wood products, rubber products (gloves 🧤), plastic products, metals, etc. all showed signs of growing year by year.
As a result, our industrial services index rose 📈 10.3% this year, getting rid of the dilemma of falling in 2023. Furthermore, the US dollar strengthened in Q1, and it is expected that the results announced in May will result in foreign exchange profits. The Federal Reserve stopped raising interest rates, and Malaysian stocks are expected to stabilize. Q2 foreign exchange profit/loss will depend on foreign exchange trends at the end of June.
SYNERGY, which went public last year, is trending wild this year. It announced a record high net profit in February. This year, it has risen by more than 100%, and is already the target price given by all investment banks. The results of POHUAT and HOMERIZ were released in March and April, respectively. Their turnover grew by YOY and QOQ when inventory was replenished, and they also broke through a 52-week high after the results were released.
POHUAT's quarterly decline in cash was mainly due to increased turnover, and Inventories and Trade Receivables increased due to increased order turnover. Inventory will continue to be replenished in the next 1-2 quarters, and stable performance is expected. But the longer term hasn't...
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ADB AUTOCOUNT E-Invoice rose strongly, pullback buying rose!! [CC ENGLISH SUBTITLES ENG SUB]
$ADB(0276.MY$
ADB AUTOCOUNT E-Invoice rose strongly, pullback buying rose!! [CC ENGLISH SUBTITLES ENG SUB]
$ADB(0276.MY$
ADB AUTOCOUNT E-Invoice rose strongly, pullback buying rose!! [CC ENGLISH SUBTITLES ENG SUB]
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Moomoo, a subsidiary of Nasdaq-listed Futu Holdings and a leading investment and trading platform, has inked a global strategic partnership agreement with financial powerhouse Nasdaq. The agreement solidifies their joint commitment to investor empowerment and enhancing market access for all.
Both Moomoo and Nasdaq share a common vision of democratizing access to financial markets and empowering retail investors worldwide. As a next-generation...
Both Moomoo and Nasdaq share a common vision of democratizing access to financial markets and empowering retail investors worldwide. As a next-generation...
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It was already been almost more than a week since $PIE(7095.MY$, whose share price extended its rally to a new all-time high on reports that it has secured a new customer, confirmed the matter and said it is expecting the new customer to contribute an additional RM2.5 billion revenue to the group, of which RM1 billion will be recognised as early as next year (Source: Theedge)
I think the abovementioned catalyst will have a huge impact to the...
I think the abovementioned catalyst will have a huge impact to the...
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As the world economy navigates through geopolitical tensions and macroeconomic shifts, the Canadian stock market is emerging as a beacon of potential outperformance, according to Brian Belski, Chief Investment Strategist at BMO. His analysis suggests that while the US stock market's current upward trajectory may be reaching its apex while Canadian equities are on the cusp of a bullish phase.
"There is an increasing risk o...
"There is an increasing risk o...
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