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Columns Malaysia Morning Wrap | CTOS Records 13% Increase in Q3 Net Profit, Hits Record Quarterly Revenue
Good morning mooers! Here are things you need to know about today's market:
● Triple Treat Monday Sees Wall Street Indices Hit High Closes
● Malaysia Targets Completion of South China Sea Code of Conduct by 2025 with ASEAN
● Palm Oil Prices Expected to Remain High Until Early 2025, Limited Upside Predicted
● Stocks to Watch: CTOS, TCS Group, DXN, etc.
- Moomoo News MY
Wall Street Summary
On November ...
● Triple Treat Monday Sees Wall Street Indices Hit High Closes
● Malaysia Targets Completion of South China Sea Code of Conduct by 2025 with ASEAN
● Palm Oil Prices Expected to Remain High Until Early 2025, Limited Upside Predicted
● Stocks to Watch: CTOS, TCS Group, DXN, etc.
- Moomoo News MY
Wall Street Summary
On November ...
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Columns Malaysia Morning Wrap | 99 Speed Mart Net Profit Declines by 3.5% in Q3 FY2024 Due to One-off Costs
Good morning mooers! Here are things you need to know about today's market:
● Friday Wall Street Market Finished with Records
● Anwar Confirms: Malaysia and Egypt Aim to Elevate Ties to Strategic Partnership
● Expanding Market Access for Farmers' Produce into Major Supermarkets
● Stocks to Watch: Maxis, 99 Speed Mart, Carlsberg Malaysia, etc.
- Moomoo News MY
Wall Street Summary
The major indices h...
● Friday Wall Street Market Finished with Records
● Anwar Confirms: Malaysia and Egypt Aim to Elevate Ties to Strategic Partnership
● Expanding Market Access for Farmers' Produce into Major Supermarkets
● Stocks to Watch: Maxis, 99 Speed Mart, Carlsberg Malaysia, etc.
- Moomoo News MY
Wall Street Summary
The major indices h...
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Columns Malaysia Morning Wrap | Gamuda Secures RM3.05 Billion Contract to Build Hydroelectric Plant in Sabah
Good morning mooers! Here are things you need to know about today's market:
● Market Slides Amid Heavy Earnings Week Ahead of U.S. Election
● PM Anwar: Decision on T15 Income Classification for Petrol Subsidies Pending
● PM Anwar Expected to Launch National AI Office on December 12
● Stocks to Watch: Gamuda, OB Holdings, MyEG, MN Holdings, etc.
- Moomoo News MY
Wall Street Summary
The stock market...
● Market Slides Amid Heavy Earnings Week Ahead of U.S. Election
● PM Anwar: Decision on T15 Income Classification for Petrol Subsidies Pending
● PM Anwar Expected to Launch National AI Office on December 12
● Stocks to Watch: Gamuda, OB Holdings, MyEG, MN Holdings, etc.
- Moomoo News MY
Wall Street Summary
The stock market...
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On October 18, $AZAMJAYA (5329.MY)$ Azam Jaya Berhad is set to launch an initial public offering (IPO) on the Main Market, with the subscription period running from October 18 to October 24. According to the official prospectus, the IPO is priced at RM0.78 per share. and the listing is scheduled for November 11.
This IPO offers a total of 128,800,000 shares, comprising both new and existing shares. The breakdown of the 78,800,000 ne...
This IPO offers a total of 128,800,000 shares, comprising both new and existing shares. The breakdown of the 78,800,000 ne...
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Columns Malaysia Morning Wrap | HeiTech Padu Secures RM892.2 Million NIISe Project Amid Record Share Prices
Good morning mooers! Here are things you need to know about today's market:
● S&P and Dow Hit Record Closes on Netflix Results
● Rafizi: Malaysia Prepares for Public Dissent Amid Fuel Subsidy Overhaul
● Malaysia's Crude Oil Exports to China Experience Significant Growth in September
● Stocks to Watch: HeiTech Padu, Exsim Hospitality, Sorento and OB Holdings, etc.
- Moomoo News MY
Wall Street Summar...
● S&P and Dow Hit Record Closes on Netflix Results
● Rafizi: Malaysia Prepares for Public Dissent Amid Fuel Subsidy Overhaul
● Malaysia's Crude Oil Exports to China Experience Significant Growth in September
● Stocks to Watch: HeiTech Padu, Exsim Hospitality, Sorento and OB Holdings, etc.
- Moomoo News MY
Wall Street Summar...
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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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