Good morning mooers! Here are things you need to know about today's market:
● Wall Street Market Moves Sideways, Election and FOMC in Sight
● Anwar Begins Working Visit to China with Shanghai as the Initial Stop
● Prime Minister Anwar Ibrahim to Invite President Xi Jinping to the 2025 ASEAN Summit
● Stocks to Watch: SD Guthrie, AME Elite, Techna-X, etc.
- Moomoo N...

Despite a tumultuous week marked by a temporary port strike, fluctuations in Chinese stocks due to stimulus measures, and geopolitical tensions in the Middle East, markets showed resilience, returning to their September closing averages by Friday. After trading hours, major indices reported gains: the S&P 500 (.SPX.US) climbed by 0.90%, the Dow Jones Industrial Average (.DJI.US) increased by...

Fed Slashes Rates 50 bp in First Easing Since Pandemic
The Federal Reserve has initiated a new easing cycle with a substantial 50 basis points rate cut, marking its first reduction since the tightening cycle began in 2022. However, financial markets did not maintain the post-rate cut momentum: U.S. stock markets surged initially but then retreated, with major indices turning negative during the session. Gold, which briefly reached a...

S-Reits saw a net institutional inflow exceeding S$90 million in August, marking the second consecutive month of positive net inflows following July's S$15 million. In contrast, the first half of the year primarily experienced net outflows.
The iEdge S-REIT Index recorded positive returns for the second month, rising by 5.83% in August, following a 6.19% increase in July. This brings the total gain for the initial two months of the ...