IOIPG Stock Forum

The $Bursa Property(0020I.MY)$ has recently shown a robust uptrend, with a year-to-date surge of 25.80%, significantly outperforming the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ Index of 11.18%.
Real Estate Market Transactions Soar in Q1 2024
The Malaysian real estate market witnessed a flurry of activity in the first quarter of 2024, with the volume of transactions exceeding 104,297, marking a 34.3% increase compared to the same...

Another BO $IOIPG(5249.MY)$, let's see if it can keep the momentum going.

$IOIPG(5249.MY)$ having quite a bullish set up here, ascending triangle pattern on the daily chart with higher lows being formed here and RM 2.35+ as the main resistance levels.
For now as long as able to sustain above its RM 2.20+ immediate support levels, could breakout from this RM 2.35+ regions soon for a strong uptrend continuation pattern in the coming weeks.
Support: RM 2.20, RM 2.10 areas
Resistance: RM 2.35, RM 2.40, RM 2.50, RM 2.70 areas

$IOIPG(5249.MY)$
crucial support now

In 2023, the Malaysian property sector reached a historic high in transaction value. Despite this peak, the $Bursa Property(0020I.MY)$ has continued to show resilience into 2024. By mid-week trading, it had surpassed 934 points, which represents a significant increase of 8.36% since the start of the year.
Analyst Optimism Post-Napic Report
Following the release of the latest National Property Information Centre (Napic) result...