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$Top Glove(BVA.SG$
Hong Leong Investment Bank (HLIB) Research has maintained its 'neutral' rating for the glove sector, and said it expects glove makers under its coverage to deliver sequentially stronger earnings in the coming quarters.
This is predominantly underpinned by the commencement of the inventory replenishment cycle, as well as potential trade diversion from the US to Malaysia, as a result of both U...
Hong Leong Investment Bank (HLIB) Research has maintained its 'neutral' rating for the glove sector, and said it expects glove makers under its coverage to deliver sequentially stronger earnings in the coming quarters.
This is predominantly underpinned by the commencement of the inventory replenishment cycle, as well as potential trade diversion from the US to Malaysia, as a result of both U...
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Morning mooers! It's Tuesday, June 11th. The market hit highs yesterday and is pulling back, the story of June so far.
My name is Kevin Travers, here are stories from the herd on Wall Street today.
$Apple (AAPL.US)$ was the highest gainer on the S&P 500 and Dow up about 3% after investors sold the news Monday when the firm announced Apple Intelligence- upgrades to Sirir that use GTP 4 to help answer questions a...
My name is Kevin Travers, here are stories from the herd on Wall Street today.
$Apple (AAPL.US)$ was the highest gainer on the S&P 500 and Dow up about 3% after investors sold the news Monday when the firm announced Apple Intelligence- upgrades to Sirir that use GTP 4 to help answer questions a...
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$EPICON(4847.MY$ This is a real headache
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$BURSA(1818.MY$
I talked to you about BURSA's performance last week, and the Malaysian stock market finally surpassed RM2 trillion this week, and the pond is big enough to accommodate more fish 🐟. Coupled with the return of foreign capital, the current trading volume and trading value of our Malaysian stocks is aside from the 10-year peak of the COVID-19 epidemic in 2020.
In the period before the pandemic in 2020, the trading volume of Malaysian stocks was between 2 and 2.5 billion, and the daily turnover of more than 2.5 billion was a hot market 🔥. The average transaction value is RM2 billion or more. By May, Malaysian stock trading volume reached 30-40, and the transaction value also exceeded RM2.5 billion. BURSA was the biggest winner.
Looking back at BURSA's stock price over the past 17 years, it is the highest peak since 2007 when the stock price broke through a record high of RM11.26. I tried to reach the top in 2020, but it was impossible to succeed until RM10.98.
After 10 years of loss (2014 to 2023), Malaysian stocks broke through a 2-year high this year, and market sentiment is also jubilant. Whether it can break through the high level in 2007 is unknown for the time being, but it will not be difficult for the next 2 to 3 quarters to grow in earnings year by year.
BURSA will dance with the big market. It also hopes that in the next few years, horse stocks will flourish, that more new good companies will go public, and that the value of high-quality companies will also be unleashed. Mutual encouragement.
I talked to you about BURSA's performance last week, and the Malaysian stock market finally surpassed RM2 trillion this week, and the pond is big enough to accommodate more fish 🐟. Coupled with the return of foreign capital, the current trading volume and trading value of our Malaysian stocks is aside from the 10-year peak of the COVID-19 epidemic in 2020.
In the period before the pandemic in 2020, the trading volume of Malaysian stocks was between 2 and 2.5 billion, and the daily turnover of more than 2.5 billion was a hot market 🔥. The average transaction value is RM2 billion or more. By May, Malaysian stock trading volume reached 30-40, and the transaction value also exceeded RM2.5 billion. BURSA was the biggest winner.
Looking back at BURSA's stock price over the past 17 years, it is the highest peak since 2007 when the stock price broke through a record high of RM11.26. I tried to reach the top in 2020, but it was impossible to succeed until RM10.98.
After 10 years of loss (2014 to 2023), Malaysian stocks broke through a 2-year high this year, and market sentiment is also jubilant. Whether it can break through the high level in 2007 is unknown for the time being, but it will not be difficult for the next 2 to 3 quarters to grow in earnings year by year.
BURSA will dance with the big market. It also hopes that in the next few years, horse stocks will flourish, that more new good companies will go public, and that the value of high-quality companies will also be unleashed. Mutual encouragement.
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