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$NATGATE (0270.MY)$
Unbelievable....
Unbelievable....
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The weekly chart has completed the trend reversal upward after the completion of the decline. Various indicators all reveal a strong willingness to rise, possibly influenced by the large cap sentiment, feeling the stock price is sticky and indecisive. Wait a while and believe that a wave of upward space can be expected.
The weekly chart has completed the trend reversal upward after the completion of the decline. Various indicators all reveal a strong willingness to rise, possibly influenced by the large cap sentiment, feeling the stock price is sticky and indecisive. Wait a while and believe that a wave of upward space can be expected.
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Drafting: @Jungle lee
In the month of October's financial budget, the market had no expectations before the budget announcement, but ended up lacking vitality afterward, causing the Malaysian stock market to plummet by 2.85% in October, marking the largest decline in two years. The domestic market lacks exciting factors, coupled with external headwinds, it may be challenging for the market to hold above the 1600-point mark in the new month.
FTSE Bursa Malaysia KLCI Index $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ Although the first day of October started with a rise, it turned out to be the peak, with the rest of the month showing a downward trend; after the financial budget announcement on the 18th, the following 8 trading days witnessed 7 declines, ending up just above the 1600-point mark, closing at 1601.88 points, a monthly decrease of 47.03 points or 2.85%; the last time it dropped more sharply was in September 2022, when it fell by 7.77% for the entire month.
The main factors affecting market sentiment in October included the ongoing campaign rallies for the USA presidential election, China's introduction of multiple economic revitalization measures, and Prime Minister Datuk Seri Anwar's presentation of Malaysia's 2025 budget.
Fong Loong Investment Bank's Retail Research Director, Jason Goh, stated in an interview with Nanyang Business Daily that taking the domestic situation as an example, the 2025 budget is essentially a budget that cares for the people, with no major surprises overall. It primarily aims to lay the foundation for our country's economy, and has not had a significant impact on the stock market...
In the month of October's financial budget, the market had no expectations before the budget announcement, but ended up lacking vitality afterward, causing the Malaysian stock market to plummet by 2.85% in October, marking the largest decline in two years. The domestic market lacks exciting factors, coupled with external headwinds, it may be challenging for the market to hold above the 1600-point mark in the new month.
FTSE Bursa Malaysia KLCI Index $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ Although the first day of October started with a rise, it turned out to be the peak, with the rest of the month showing a downward trend; after the financial budget announcement on the 18th, the following 8 trading days witnessed 7 declines, ending up just above the 1600-point mark, closing at 1601.88 points, a monthly decrease of 47.03 points or 2.85%; the last time it dropped more sharply was in September 2022, when it fell by 7.77% for the entire month.
The main factors affecting market sentiment in October included the ongoing campaign rallies for the USA presidential election, China's introduction of multiple economic revitalization measures, and Prime Minister Datuk Seri Anwar's presentation of Malaysia's 2025 budget.
Fong Loong Investment Bank's Retail Research Director, Jason Goh, stated in an interview with Nanyang Business Daily that taking the domestic situation as an example, the 2025 budget is essentially a budget that cares for the people, with no major surprises overall. It primarily aims to lay the foundation for our country's economy, and has not had a significant impact on the stock market...
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Grateful that we have gone through another year, between us, as long as you don't let go, I will never leave. $NATGATE (0270.MY)$ $INARI (0166.MY)$ $NVIDIA (NVDA.US)$
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$NATGATE (0270.MY)$ time to give up on this share?
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$NVIDIA (NVDA.US)$ imagine all the people....it friday n red. 🤦♂️
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103414240 King-SimCompanies : NH8230