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$RHBBANK (1066.MY)$
December 20th is Quadruple Witching Day.
Quadruple Witching Day refers to the third Friday in each quarter (March, June, September, and December), when all financial derivatives in the USA stock market expire and undergo a settlement and delivery.
During Quadruple Witching Day, Equity Index futures, Equity Index Options, individual stock futures, and individual stock options all expire simultaneously. The last trading hour of the day is the Quadruple Witching Hour, from three to four o'clock in the afternoon New York time. During the expiry period, trading volume sharply increases, leading to intensified market volatility.
During the final trading hours of Quadruple Witching Day, investors are eager to close positions, causing a significant increase in trading volume. Therefore, Quadruple Witching Day is usually accompanied by large fluctuations in stock and derivatives prices.
Usually on Quadruple Witching Day, there will also be volatility in the Malaysian market, especially at 4:50 pm when trading resumes. Blue-chip stocks or large-cap stocks may experience significant trading volume.
On December 20, the Malaysian stock market may also experience large transactions at the last minute. If you hold Blue Chip stocks in the Malaysian market, you may consider "speculating" during this period.
December 20th is Quadruple Witching Day.
Quadruple Witching Day refers to the third Friday in each quarter (March, June, September, and December), when all financial derivatives in the USA stock market expire and undergo a settlement and delivery.
During Quadruple Witching Day, Equity Index futures, Equity Index Options, individual stock futures, and individual stock options all expire simultaneously. The last trading hour of the day is the Quadruple Witching Hour, from three to four o'clock in the afternoon New York time. During the expiry period, trading volume sharply increases, leading to intensified market volatility.
During the final trading hours of Quadruple Witching Day, investors are eager to close positions, causing a significant increase in trading volume. Therefore, Quadruple Witching Day is usually accompanied by large fluctuations in stock and derivatives prices.
Usually on Quadruple Witching Day, there will also be volatility in the Malaysian market, especially at 4:50 pm when trading resumes. Blue-chip stocks or large-cap stocks may experience significant trading volume.
On December 20, the Malaysian stock market may also experience large transactions at the last minute. If you hold Blue Chip stocks in the Malaysian market, you may consider "speculating" during this period.
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$RHBBANK (1066.MY)$
RHB Bank Bhd looks poised to continue its uptrend in share price after falling from a high of RM6.83 in late Nov. Investors are probably positive on the banking group’s strong 3QFY24 results.
3QFY24's core net profit (CNP) of RM833m increased by 15% quarter-on-quarter.It was driven by robust net income growth, up 3.9%qoq, coupled with controlled OPEX increase and lower provisions.
It’s 9MFY24's CNP of RM2.3 billion was up by...
RHB Bank Bhd looks poised to continue its uptrend in share price after falling from a high of RM6.83 in late Nov. Investors are probably positive on the banking group’s strong 3QFY24 results.
3QFY24's core net profit (CNP) of RM833m increased by 15% quarter-on-quarter.It was driven by robust net income growth, up 3.9%qoq, coupled with controlled OPEX increase and lower provisions.
It’s 9MFY24's CNP of RM2.3 billion was up by...
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$RHBBANK (1066.MY)$ TMD has been falling all along.
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The US election dust has settled, and yesterday's market trading on a "Trump Victory" short-term theme reached a fever pitch. Indices hit new highs, and some Trump-related short-term concept stocks soared. $Donald Trump (LIST22962.US)$ Like Trump's own $Trump Media & Technology (DJT.US)$ , Elon Musk's $Tesla (TSLA.US)$ which made huge contributions, and the crypto sector influenced by Trump. 💥
Musk was rejo...
Musk was rejo...
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Hey, mooers!
Were you tuned into our "Invest with Sarge" livestream which demystifies the art of trending stocks? If not, no worries — we've got a balanced recap to keep you in the loop and ready to tackle the market trends like a pro!
Insights into Trending Stocks
In our recent session, Sarge explored the dynamics of trending stocks such as $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$. These stocks often gain significant attention and can present opportunitie...
Were you tuned into our "Invest with Sarge" livestream which demystifies the art of trending stocks? If not, no worries — we've got a balanced recap to keep you in the loop and ready to tackle the market trends like a pro!
Insights into Trending Stocks
In our recent session, Sarge explored the dynamics of trending stocks such as $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$. These stocks often gain significant attention and can present opportunitie...
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