NVDA
NVIDIA
-- 109.670 TSLA
Tesla
-- 263.550 CRWV
CoreWeave
-- 40.000 LULU
Lululemon Athletica
-- 293.060 APP
Applovin
-- 272.380 
Malaysiamarket commentary (24 Dec 2024)
Global markets
US equites started the week with gain, propelled by semiconductor. NYSE and Nasdaq will end early Tuesday 1pm ET (Malaysia Wednesday 2am) for Christmas Eve and close on Christmas.
DJ (+0.16%), S&P (+0.73%) and Nasdaq (+0.95), thanks to rally led by Broadcom (+5.5%).
Malaysia market
Local Macro
USDMYR encountered some resistance at 4.50 level and closed overnight at 4.49 (-0.0150). Not many activities in local bond market, whereby MGS 10-y yield settled unchanged at 3.88%.
KLCI Performance
The volatility of KLCI was kind low, ahead of year end. The index closed slightly higher at 1,596 (+4.79).
Malaysia equity flow (MYR million)
Same old story. Foreigners continue selling local stocks. Foreign flow dominated the market, around 50%, while local institution and local retail contributed 35% and 15% respectively.
Sectoral performance (%)
Stocks on focus:
$WINSTAR (0336.MY)$ took the center of the stage, skyrocketing from its IPO price of 0.350 on 19 Dec to close yesterday at 0.605. WINSTAR is a a manufacturing company of fabricated aluminum products, profile and ladders, as well as trades and distributes building materials. Market cap was at MYR 175 million as of yesterday closing. The estimated P/E was about 17.
Bloomberg source: WINSTAR graph and volume
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