Troy Wee
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Hello Mooers! As we eagerly anticipate the arrival of the Lunar New Year, it's a time of festivity, and reflection, and also an intriguing period for the financial markets. Let's dive into what this auspicious season might hold for the Malaysian stock market. 🌟🧧🐲
Looking back at the data from the past 24 years (1999-2022), it's interesting to note:
In the week leading ...
Looking back at the data from the past 24 years (1999-2022), it's interesting to note:
In the week leading ...
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Columns MY Morning Wrap | Tenaga Nasional to Launch Malaysia's First Utility-Scale Battery Storage Project
Good morning mooers! Here are things you need to know about today's market:
●US Stock Market Takes a Breather as Semiconductor Sector Weighs on Gains
●Uptrend Momentum Expected to Continue on Bursa Malaysia, Traders Remain Cautiously Optimistic
●Malaysia to See Faster Recovery in Tourist Arrivals, Says Maybank IB Research
●Stocks to watch: TNB, SCIB
-moomoo News MY
Wall Street Summary
The US stock m...
●US Stock Market Takes a Breather as Semiconductor Sector Weighs on Gains
●Uptrend Momentum Expected to Continue on Bursa Malaysia, Traders Remain Cautiously Optimistic
●Malaysia to See Faster Recovery in Tourist Arrivals, Says Maybank IB Research
●Stocks to watch: TNB, SCIB
-moomoo News MY
Wall Street Summary
The US stock m...
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The AI-driven technology boom of 2023 not only propelled the US stock market to unprecedented heights but also resulted in a substantial surge in the wealth of technology billionaires. According to Forbes' latest ranking of "The 10 Billionaires Who Gained the Most Wealth in 2023", eight out of the top ten billionaires with the highest increase in net worth globally are from the technology sect...
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The first global delivery of the $Tesla (TSLA.US)$ Cybertruck is scheduled to occur at the Texas Gigafactory on November 30, which potentially causes a surge in the value of the related stocks.
The Cybertruck stands out as Tesla's first pickup truck, with unique features that set it apart from their sedans.
In terms of power, the Cybertruck boasts impressive power capabilities such as a towing capacity of over 14,000 pounds and the a...
The Cybertruck stands out as Tesla's first pickup truck, with unique features that set it apart from their sedans.
In terms of power, the Cybertruck boasts impressive power capabilities such as a towing capacity of over 14,000 pounds and the a...
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The Middle East conflict continues to escalate, global funds further withdraw from the Chinese stock market, and Asian stocks fell all day.
At the close of 5 p.m., the composite index closed at 1441.04 points, a slight decrease of 1.62 points or 0.11%.
The total trading volume is 3.5 billion shares, with a trading value of 1.9 billion ringgit.
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$The closing price is 10,620.44 points, down 21.00 points.
There are 315 rising stocks, 558 falling stocks, 464 stocks with no movement, and 1,020 stocks with no trading.
At 5:00 PM, 1 US dollar was cashed out in ringgit, at a rate of 4.7675.
source: Nanyang Siang Pau, Klse Pulse
Focus on
In October, the total foreign reserves fell to 518.3 billion ringgit.
The central bank announced that the country's foreign exchange reserves reached 108.9 billion US dollars (about 518.3 billion ringgit) as of October 13, a decrease of 1.2 billion US dollars (about 5.6 billion ringgit) from the end of September.
According to a statement released by the central bank on Friday, Malaysia's current foreign exchange reserves are sufficient to cover 5.1 months of imports of goods and services, as well as 1.0 times of short-term external debt.
At the end of September, our country's foreign exchange reserves reported $110.1 billion (equivalent to about 519.2 billion ringgit at the time).
The Malaysian currency falls to a new low, 1 Singapore dollar is equivalent to 3.4826 ringgit.
...
At the close of 5 p.m., the composite index closed at 1441.04 points, a slight decrease of 1.62 points or 0.11%.
The total trading volume is 3.5 billion shares, with a trading value of 1.9 billion ringgit.
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$The closing price is 10,620.44 points, down 21.00 points.
There are 315 rising stocks, 558 falling stocks, 464 stocks with no movement, and 1,020 stocks with no trading.
At 5:00 PM, 1 US dollar was cashed out in ringgit, at a rate of 4.7675.
source: Nanyang Siang Pau, Klse Pulse
Focus on
In October, the total foreign reserves fell to 518.3 billion ringgit.
The central bank announced that the country's foreign exchange reserves reached 108.9 billion US dollars (about 518.3 billion ringgit) as of October 13, a decrease of 1.2 billion US dollars (about 5.6 billion ringgit) from the end of September.
According to a statement released by the central bank on Friday, Malaysia's current foreign exchange reserves are sufficient to cover 5.1 months of imports of goods and services, as well as 1.0 times of short-term external debt.
At the end of September, our country's foreign exchange reserves reported $110.1 billion (equivalent to about 519.2 billion ringgit at the time).
The Malaysian currency falls to a new low, 1 Singapore dollar is equivalent to 3.4826 ringgit.
...
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Good morning mooers! Here are things you need to know about today's market:
●US stocks ended sharply lower on Wednesday
●Malaysia's real GDP to rise 4.3% in 2024 on higher global export demand
●Consumer sector expected to fair positively
●Agrobank sees stronger agriculture with Budget 2024
●Bank Negara engaging in recovery plan submissions
●Stocks to watch: Bursa, AMMB
-moomoo News MY
Wall Street Summary
Long-term bond yields hit a fres...
●US stocks ended sharply lower on Wednesday
●Malaysia's real GDP to rise 4.3% in 2024 on higher global export demand
●Consumer sector expected to fair positively
●Agrobank sees stronger agriculture with Budget 2024
●Bank Negara engaging in recovery plan submissions
●Stocks to watch: Bursa, AMMB
-moomoo News MY
Wall Street Summary
Long-term bond yields hit a fres...
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News Highlights
$Tesla (TSLA.US)$ shares fell by 4.78%, closing at $242.68. Its options trading volume is 1.89 million. Call contracts account for 52.7% of the whole trading volume. The most traded calls are contracts of $255 strike price that expire on October 20th. The total volume reaches 40,871 with an open interest of 10,207. The most traded puts are contracts of a $250 strike price th...
$Tesla (TSLA.US)$ shares fell by 4.78%, closing at $242.68. Its options trading volume is 1.89 million. Call contracts account for 52.7% of the whole trading volume. The most traded calls are contracts of $255 strike price that expire on October 20th. The total volume reaches 40,871 with an open interest of 10,207. The most traded puts are contracts of a $250 strike price th...
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The Asian stock market was generally positive on Tuesday, and horse stocks also rose along with the market, but their increase was relatively limited.
On the periphery side, the Japanese stock market surged 1.2% throughout the day, making it the best-performing stock market in the Asian region.
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$The full day closed at 1444.13 points, up 5.17 points, or 0.36%.
The trading volume of horse stocks on Tuesday was 2.6 billion shares, with a transaction value of RM1.9 billion.
The FTSE Malaysia All Stock Index closed at 10692.88 points, starting at 33.82 points.
Investment sentiment in Malaysian stocks is also improving. Overall, there were 439 rising stocks, higher than 353 falling stocks, another 504 with no ups or downs, and 1,045 no trades.
Meanwhile, at 5:1 p.m., the US dollar was cashed out in ringgit to the level of 4.7373.
Source: Nanyang Siang Pau, Klse Pulse
Focus attention
BMI: Maintaining agreement with the government, the deficit is expected to drop to 4.3% next year
Fitch's BMI study maintains expectations for Malaysia's fiscal deficit, indicating that this year's deficit will be 4.9% of gross domestic product (GDP) and fall to 4.3% next year, in line with the government's forecast.
After a quick review of the recently released 2024 budget, BMI indicated that the budget exhibition...
On the periphery side, the Japanese stock market surged 1.2% throughout the day, making it the best-performing stock market in the Asian region.
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$The full day closed at 1444.13 points, up 5.17 points, or 0.36%.
The trading volume of horse stocks on Tuesday was 2.6 billion shares, with a transaction value of RM1.9 billion.
The FTSE Malaysia All Stock Index closed at 10692.88 points, starting at 33.82 points.
Investment sentiment in Malaysian stocks is also improving. Overall, there were 439 rising stocks, higher than 353 falling stocks, another 504 with no ups or downs, and 1,045 no trades.
Meanwhile, at 5:1 p.m., the US dollar was cashed out in ringgit to the level of 4.7373.
Source: Nanyang Siang Pau, Klse Pulse
Focus attention
BMI: Maintaining agreement with the government, the deficit is expected to drop to 4.3% next year
Fitch's BMI study maintains expectations for Malaysia's fiscal deficit, indicating that this year's deficit will be 4.9% of gross domestic product (GDP) and fall to 4.3% next year, in line with the government's forecast.
After a quick review of the recently released 2024 budget, BMI indicated that the budget exhibition...
Translated
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News Highlights
$NVIDIA (NVDA.US)$shares fell by 4.68%, closing at $439.38. Its options trading volume is 1.52 million. Call contracts account for 54.8% of the whole trading volume.
Reuters reported that the U.S. intends to tighten restrictions on AI chip exports to China and Nvidia's H800 chip, citing a U.S. government official and industry sources. Nvidia stock fell Tuesday. The Co...
$NVIDIA (NVDA.US)$shares fell by 4.68%, closing at $439.38. Its options trading volume is 1.52 million. Call contracts account for 54.8% of the whole trading volume.
Reuters reported that the U.S. intends to tighten restrictions on AI chip exports to China and Nvidia's H800 chip, citing a U.S. government official and industry sources. Nvidia stock fell Tuesday. The Co...
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