China's stimulus measures announced at the end of September have sparked market interest, with a large amount of funds shifting towards the Chinese and Hong Kong stock markets, leading to massive outflows of foreign capital from several ASEAN markets including Malaysia.
Kenanga Research pointed out in the report that since the announcement of the stimulus measures, the FTSE Bursa Malaysia KLCI has fallen by 2.5%, reflecting a regional phenomenon of capital flow.
According to Bloomberg data, in the three months leading up to September, the Malaysian stock market received net inflows of about 1 billion US dollars (approximately 4.27 billion ringgit) per month, but there was an occurrence of foreign funds exiting in early October.
This phenomenon is not unique to our country. In early October, foreign funds in Malaysia, Indonesia, and Thailand experienced net outflows of nearly 0.6 billion US dollars (approximately 2.564 billion ringgit), with the Philippines being the only exception.
"As we predicted in our end-of-season market outlook report, the first impact of the stimulus measures is seen in the capital flow of the stock market, while the economic impact on China is still under observation."
However, based on analysts' basic assumptions, the risk of capital outflows from the Malaysian stock market is not significant, especially against the backdrop of increasing investment attractiveness in the technology and artificial intelligence sectors, coupled with stable overnight policy rates (OPR), providing further support to the market.
The trend of foreign capital inflows continues.
Analysts are therefore optimistic that under several potential protective measures, the overall trend of capital inflows into the Malaysian stock market is unlikely to experience a major reversal.
Firstly, the reverse flow of foreign capital in Malaysia has been relatively aggressive. Despite being net inflows for Malaysia and Indonesia since the beginning of the year, the significant selling of Malaysian stocks by foreign capital is mainly due to the sse conglomerates index...

#QQQ THANKS FOR THE BIGGEST GAINS ON MY PUTS 😮‍💨💰

my note from IBD webinar last week on “How to invest in AI”
What is AI?
Computer systems that can perform tasks typically requiring human intelligence
7 branches of AI
1. Machine learning
2. Robotics
3. Natural language processing
4. Deep Learning
5. Fuzzy Logic
6. Computer Vision
7. Expert Systems
Al In Everyday Life
1. Maps & Navigation (Waze, Google Maps)
2. Digital Assistants (Siri, Alexa)
3. Chatbots (ChatGPT, Bard, Llama 2, customer service)
4. Facial Recognition (A...

Artificial intelligence wave swept nearly half a year, also let Nvidia Corporation a push open the door of the U.S. stock trillion club.
Nvidia, which initially just wanted a piece of the game image computing, was not expected to become the leader in AI computing more than two decades later, almost monopolizing the entire AI server chip market.
The last to take over the server market was Intel, but its CPU lost to Nvidia's GPU in high-performance computing. at the same t...