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Columns MY Morning Wrap | Sime Darby Plantation and PNB Propose 1,000-acre Green Industrial Park in Perak
Good morning mooers! Here are things you need to know about today's market:
●Nasdaq Falls on Earnings Reactions and Semiconductors Pullback, Market Remains Positive
●Bursa Malaysia breaches 1,600-mark in early trade
●FBM KLCI: Sunway expected to join, AMMB to exit
●Malaysian stocks see biggest weekly foreign inflow in two years
●Stocks to watch: Sime Darby Plantation, OCK
-moomoo News MY
Wall Street ...
●Nasdaq Falls on Earnings Reactions and Semiconductors Pullback, Market Remains Positive
●Bursa Malaysia breaches 1,600-mark in early trade
●FBM KLCI: Sunway expected to join, AMMB to exit
●Malaysian stocks see biggest weekly foreign inflow in two years
●Stocks to watch: Sime Darby Plantation, OCK
-moomoo News MY
Wall Street ...
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$Tesla (TSLA.US)$
Video playback link 🔗:【Daily Tesla News】🔥Why Cybertruck delivery suspended / FSD free transfer canceled again / Rumors of massive layoffs at Tesla
Historically, each major bull market rally needs to meet the following 3 conditions, and none can be missing.
Condition 1:
Previously, Tesla's several intermittent waterfall-like big drops, with the help of some block orders at the super large level, successfully initiated the put short selling. During the opponent stage, when Elon Musk was pulled down from the position of the world's richest man and fell to third or even fourth place on the world's super wealthy list, the profit chip ratio fell below the rebound starting line again after several rounds of rebounds. The super large-level funds had already begun to buy low and sell high in gradients and batches, according to the changes in the market, implementing a discrete random variable position layout (the big players will absolutely not continue to continuously buy to push up, as that will only make the main uptrend come too early and end prematurely). They were the ones who started short selling, and then they used the media to hype up seemingly superficial reasons to mislead the public, including major financial institutions on Wall Street pretending to understand Tesla very well, stubbornly giving Tesla ridiculous valuations one after another. Concealing their actions, they found the opportunity to close out their short positions, and then they were also the ones who turned around and went long. However, some top-tier...
Video playback link 🔗:【Daily Tesla News】🔥Why Cybertruck delivery suspended / FSD free transfer canceled again / Rumors of massive layoffs at Tesla
Historically, each major bull market rally needs to meet the following 3 conditions, and none can be missing.
Condition 1:
Previously, Tesla's several intermittent waterfall-like big drops, with the help of some block orders at the super large level, successfully initiated the put short selling. During the opponent stage, when Elon Musk was pulled down from the position of the world's richest man and fell to third or even fourth place on the world's super wealthy list, the profit chip ratio fell below the rebound starting line again after several rounds of rebounds. The super large-level funds had already begun to buy low and sell high in gradients and batches, according to the changes in the market, implementing a discrete random variable position layout (the big players will absolutely not continue to continuously buy to push up, as that will only make the main uptrend come too early and end prematurely). They were the ones who started short selling, and then they used the media to hype up seemingly superficial reasons to mislead the public, including major financial institutions on Wall Street pretending to understand Tesla very well, stubbornly giving Tesla ridiculous valuations one after another. Concealing their actions, they found the opportunity to close out their short positions, and then they were also the ones who turned around and went long. However, some top-tier...
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The performance of the Malaysian technology sector has been lackluster this year, with the $Bursa Technology (0005I.MY)$ dropping by 0.5% year-to-date, significantly underperforming the $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$. Since April, the Bursa Technology Index has experienced a pullback once again, with a decline of 2.49% from the beginning of the month to date, hitting a near one-month low of 62.58 on April 16th.
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$IRIS (0010.MY)$ I don't care about how to go afterwards, let's exit first, phew~!!
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As of Tuesday's close, the FTSE Bursa Malaysia KLCI reached a new high since June 2022, standing at 1558.8. It has grown by 7.2% this year, making it one of the best-performing indices in Asia.
MIDF and Maybank are bullish on the future growth of Malaysian stocks, while some analysts have given neutral targets for 2024. Here are the analysts' targets for FBM KLCI 2024.
Why MIDF is Bullish on Malaysian Stocks: Factors Driving Posit...
MIDF and Maybank are bullish on the future growth of Malaysian stocks, while some analysts have given neutral targets for 2024. Here are the analysts' targets for FBM KLCI 2024.
Why MIDF is Bullish on Malaysian Stocks: Factors Driving Posit...
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IN THE ever-evolving landscape of the Malaysian corporate sector, Techbase Industries Bhd’s (formerly Prolexus Bhd) recent rights issue could present an intriguing arbitrage opportunity for astute investors.
Delving into the details of this corporate exercise and its implications, it is clear that this is more than just a routine capital-raising endeavour.
Techbase has unveiled a renounceable rights issue of up to RM102.58 mil nom...
Delving into the details of this corporate exercise and its implications, it is clear that this is more than just a routine capital-raising endeavour.
Techbase has unveiled a renounceable rights issue of up to RM102.58 mil nom...
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