(Kuala Lumpur, 14th) Public Bank $PBBANK (1295.MY)$ rose 3% at the opening on Monday, pushing its market cap below the National Energy Company. $TENAGA (5347.MY)$ Reclaiming the top three position, however, it still remains below Hong Leong International. $CIMB (1023.MY)$ Below this.
In less than half an hour after the opening on Monday, Public Bank reported 4.44 ringgit, the highest price of the day, rising 13 cents or 3%; the market cap also increased to 85.4 billion ringgit, easily surpassing the 84 billion ringgit of TNB.
At the final closing, Public Bank slightly retraced its gains, closing at 4.39 ringgit, up 8 cents or 1.86%, with a market cap of 85.2 billion and 12.94 million ringgit, maintaining its third place; a total of 52.16 million 8700 shares changed hands, ranking it as the fourth most popular stock.
However, Public Bank still could not overtake Alliance Bank, with the latter's market cap remaining at 88.4 billion and 28.03 million ringgit, ranking second.
Currently, the market cap leader of the Malaysian stock market is still the Maybank, $MAYBANK (1155.MY)$ Leading significantly with 127.1 billion and 85.7 million ringgit.
Last Thursday, following the announcement by the descendants of the late Tan Sri Teh Hong Piow to gradually reduce their shareholding in Public Bank to 10% at a discount, the stock price fell by 5% on Friday, causing a market cap erosion of over 5 billion in a single day and dropping out of the top three.
This is mainly the Zheng family's restricted shareholding activity, which may cause concerns about the decline in the stock price of public banks due to a large amount of equity waiting to be sold.
The Zheng family is expected to sell 13.4...

$USD/MYR (USDMYR.FX)$ Being lazy, the exchange rates are already at 12%. pukima

Financial institutions are placing millions of dollars in bullish option positions in $NVIDIA (NVDA.US)$, $Broadcom (AVGO.US)$, $Advanced Micro Devices (AMD.US)$ and $Arm Holdings (ARM.US)$ as capital spending on chips that power artificial intelligence applications remain strong.
The momentum that's pushing up demand for central processing units (CPU), graphic processing unit (GPUs) and networking chips used in artifi...

$Taiwan Semiconductor (TSM.US)$
Trump suggests Taiwan should pay the US for defense services.
Shares of TSMC fall more than 2% following Trump's remarks.
Trump claims Taiwan took 100% of the US chip business.
US bound by law to provide Taiwan with means to defend itself.
No formal defense agreement exists between the US and Taiwan.

Morning traders, the market woke up with heat after a scary weekend in U.S. Politics.
$Trump Media & Technology (DJT.US)$shares soared 30% Monday as traders reacted to the attack on Donald Trump, after the former president survived an apparent assassination attempt. Trump was 'fine' after gunfire rang out at a Butler, Pennsylvania rally, Bloomberg reported, though injured.
Other so-called " Trump trades," such as the U.S. dollar and...

$AMBANK (1015.MY)$ Has the dividend been distributed today?

$NVIDIA (NVDA.US)$ Before the invention of airplanes, people used to mock the inventors of airplanes. The same logic applies to artificial intelligence. Before the development of intelligent AI, people would think it is unrealistic. Personally, I think Nvidia is the most capable and qualified "leader" in the field of artificial intelligence. Although the current evaluations are mixed, I believe that in the long run, Nvidia is the most qualified to become the world's number one.