RGTI
Rigetti Computing
-- 17.0000 TSLA
Tesla
-- 434.630 LAES
SEALSQ Corp
-- 9.020 NVDA
NVIDIA
-- 136.020 PLTR
Palantir
-- 78.410 Malaysia Morning Wrap | The Employees Provident Fund (EPF) Reduces Stake in YTL Power
Good morning mooers! Here are things you need to know about today's market:
EVTOL firms, working on electric flying cars and air taxis, saw notable stock movements.
FBM KLCI closing higher for the third consecutive session.
Stocks to watch: YTLPOWR, TENAGA
- Moomoo News MY
Wall Street Summary
$S&P 500 Index (.SPX.US)$ 6037.59(-0.04%)
$Dow Jones Industrial Average (.DJI.US)$ 43325.80(+0.07%)
$Nasdaq Composite Index (.IXIC.US)$ 20020.36(-0.05%)
As for Thursday's session, the market received little significant news other than U.S. weekly initial jobless claims, which fell by 1,000 for the week ended Dec. 21 to a seasonally adjusted 219,000. That was lower than the 224,000 that economists had reportedly expected.
Sectors and individual stocks making significant moves included eVTOL companies, which are developing electric vertical-takeoff-and-landing vehicles for the "flying-car" and "air-taxi" industries.
Bursa Market Insight
Bursa Malaysia extended its gains from the Santa Claus rally, with the FBM KLCI closing higher for the third consecutive session. The Santa Claus rally, a well-known stock market phenomenon, sees stock prices typically rising during the final week of December and carrying into the new year. Meanwhile, the ringgit, which is the sole Asian currency to have gained value this year, advanced 0.4% to 4.4688 against the US dollar.
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Stocks to Watch
The Employees Provident Fund (EPF) divested 14.93 million shares of $YTLPOWR (6742.MY)$, consequently relinquishing its status as a major shareholder in the company. Valued at an estimated RM61.79 million, this transaction was calculated based on the closing price of RM4.14 per share for the multi-utility owner and operator.
Tenaga Nasional Bhd $TENAGA (5347.MY)$ has announced a rise in Peninsular Malaysia's base electricity tariff to 45.62 sen per kWh for 2025-2027, starting July 1, 2025. The current rate of 39.95 sen per kWh will continue until then, with KWIE covering any cost discrepancies. Additionally, TNB Renewables Sdn Bhd (TRe), a TNB unit, has been selected to develop a 500MW solar PV plant in Kedah, marking Malaysia's largest LSS project.
Source: Dow Jones Newswires, Bursa Malaysia, The Malaysian Reserve, The Star, The EDGE
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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105232125 : good news
103677010 : noted
104088143 : Good