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$Alphabet-A (GOOGL.US)$ looking at the past few times, the stock is going to fall for 3 days from the very first day after financial report. typical behavior, better lock profit now
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$Alphabet-A (GOOGL.US)$ this haven’t increase 1 dollar also since last 15 hour
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$Alphabet-A (GOOGL.US)$ Currently in a range-bound trend, stop loss below 160, call reversal at 164, first target high at 168, long-term target at 180-188.
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Public Bank selling pressure is heavy, with market cap overtaken by RHB.
(Kuala Lumpur, 11th) Public Bank $PBBANK (1295.MY)$ Yesterday, two major announcements were made at once, including the descendants of the late major shareholder, Tan Sri Cheng Hong symbol, gradually reducing their shareholding at a discount until reaching 10%, resulting in a decline today due to massive selling pressure in the market, reflecting some analysts' short-term concerns about this.
Public Bank's trading resumed hotly at 9 am this morning, with volume exceeding 80 million shares before noon, while the morning session once fell by 23 cents or 5.03% to 4.34 ringgit.
While the stock price of Volkswagen banks plummeted, Lianchang International's. $CIMB (1023.MY)$ it rose again in the early trading today, pushing the latter's market cap beyond Volkswagen banks for the first time in history, ranking second in the entire Malaysian market; as for the market cap leader in Malaysia, it is still Maybank. $MAYBANK (1155.MY)$ reaching 127.185 billion ringgit.
As of 11 am this morning, Lianchang International's market cap has risen to over 87.5 billion ringgit, while Volkswagen banks' market cap has fallen below 85 billion ringgit, only ranking third.
In addition, Lianchang International's securities analysts pointed out that the restrictive shareholding activities of the Cheng family may trigger hidden concerns about the decline in Volkswagen banks' stock price.
In any case, this restrictive shareholding activity will last a long time, spanning 5 years, so the direct impact may not be too obvious.
Source: Nanyang Business Times
Disclaimer: This content is for
(Kuala Lumpur, 11th) Public Bank $PBBANK (1295.MY)$ Yesterday, two major announcements were made at once, including the descendants of the late major shareholder, Tan Sri Cheng Hong symbol, gradually reducing their shareholding at a discount until reaching 10%, resulting in a decline today due to massive selling pressure in the market, reflecting some analysts' short-term concerns about this.
Public Bank's trading resumed hotly at 9 am this morning, with volume exceeding 80 million shares before noon, while the morning session once fell by 23 cents or 5.03% to 4.34 ringgit.
While the stock price of Volkswagen banks plummeted, Lianchang International's. $CIMB (1023.MY)$ it rose again in the early trading today, pushing the latter's market cap beyond Volkswagen banks for the first time in history, ranking second in the entire Malaysian market; as for the market cap leader in Malaysia, it is still Maybank. $MAYBANK (1155.MY)$ reaching 127.185 billion ringgit.
As of 11 am this morning, Lianchang International's market cap has risen to over 87.5 billion ringgit, while Volkswagen banks' market cap has fallen below 85 billion ringgit, only ranking third.
In addition, Lianchang International's securities analysts pointed out that the restrictive shareholding activities of the Cheng family may trigger hidden concerns about the decline in Volkswagen banks' stock price.
In any case, this restrictive shareholding activity will last a long time, spanning 5 years, so the direct impact may not be too obvious.
Source: Nanyang Business Times
Disclaimer: This content is for
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$NVIDIA (NVDA.US)$ Nvidia Spokesperson: Hopper Demand Is Very Strong, Broad Blackwell Chips Sampling Has Started, and Production Is on Track to Ramp in 2H
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