Follow Our Official Telegram Channel tynkrlab
Bursa Malaysia ended lower today due to profit-taking following a recent rally, in line with weaker regional market performances. The $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ dropped 14.48 points, or 0.89%, to close at 1,622.07.
Key Highlights
• Losers vs Gainers: Losers outnumbered gainers 1,044 to 285, with 404 counters unchanged.
• Turnover: Increased to 5.34 billion units worth RM3.42...

Follow Our Official Telegram Channel tynkrlab
In a game-changing move, $Serve Robotics(SERV.US)$, the pioneering company behind autonomous delivery robots, has seen its stock skyrocket by an impressive 171%. This dramatic surge comes on the heels of a substantial $4 million investment by none other than $NVIDIA(NVDA.US)$, a titan in the tech industry. Here’s why this news is making waves and why you should be exci...

Join Our Official Telegram Channel tynkrlab
In a surprising turn of events, President Joe Biden has announced he will not seek re-election, endorsing Vice-President Kamala Harris as the Democratic candidate. This decision reshapes the 2024 White House race, with significant implications for the political landscape.
Biden’s Decision
Biden, 81, stated that stepping down was in the “best interest of my party and the country,” ending his re-elec...

Join Our Official Telegram Channel tynkrlab
Next week, Bursa Malaysia is expected to trade cautiously amidst ongoing volatility in regional markets. Investors will be closely monitoring global developments, especially the tech sector and potential US Federal Reserve rate cuts.
Market Sentiment
Despite the cautious approach, there’s a positive long-term outlook for Bursa Malaysia. The market is supported by attractive valuations, strong corporat...

Follow Our Official Telegram Channel tynkrlab
On Friday, a significant global technology outage led to widespread disruptions, affecting everything from flight operations and health services to payment systems and access to $Microsoft(MSFT.US)$ services. At the heart of this massive disruption was a software update from $CrowdStrike(CRWD.US)$, a prominent US cybersecurity firm. Here’s a closer look at what happened and the implications of ...

Follow Our Official Telegram Channel tynkrlab
US stock futures edged higher as the recent downturn in chip stocks started to stabilize, boosting investor sentiment. The market is on edge, anticipating more earnings reports to gauge the health of various sectors.
Market Performance and Key Drivers
1. $Dow Jones Industrial Average(.DJI.US)$ and $S&P 500 Index(.SPX.US)$: The $Dow Jones Industrial Average(.DJI.US)$ closed down 1.29%, driven by ...

Follow Our Official Telegram Channel tynkrlab
Bursa Malaysia ended the day almost unchanged, recouping earlier losses to close slightly higher. The $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ inched up 0.27 points to 1,633.81. The market saw mixed performances, with heavyweights like $MAYBANK(1155.MY)$ and $PBBANK(1295.MY)$ gaining, while $TENAGA(5347.MY)$ and $PMETAL(8869.MY)$ saw declines.
Key Highlights
• Gainers: $MAYBANK(1155.MY)$ added two sen, $PBBANK(1295.MY)$ advanced ...

Follow Our Official Telegram Channel tynkrlab
In an exciting development for the industrial and data centre sectors, $PGF(8117.MY)$ has announced a strategic partnership with Centria International. This collaboration aims to enhance insulation efficiency, a critical component for industries requiring precise temperature control and energy conservation.
The Big Deal
On July 17, 2024, $PGF(8117.MY)$ revealed ...

Follow Our Official Telegram Channel tynkrlab
$Dow Jones Industrial Average(.DJI.US)$ rose by 0.59% to a new record high, closing at 41,211.12. In contrast, the $S&P 500 Index(.SPX.US)$ fell by 1.39%, and the $Nasdaq Composite Index(.IXIC.US)$ dropped by 2.76%. Tech stocks faced significant pressure, contributing to the mixed market performance.
Key Drivers
1. Strong Performers: $UnitedHealth(UNH.US)$, $Johnson & Johnson(JNJ.US)$, and $Cisco(CSCO.US)$ l...

Follow Our Official Telegram Channel tynkrlab
Bursa Malaysia ended on a high note today, with the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ rising 7.58 points, or 0.47%, to close at 1,633.54. This fresh three-year high aligns with global market optimism driven by expectations of a US Federal Reserve rate cut.
Key Performers and Laggards
• Top Gainers: $TENAGA(5347.MY)$ and $PBBANK(1295.MY)$ both firmed by four sen, $PMETAL(8869.MY)$ inc...