Market Marks a Weaker Session Compared to Last Friday
Today’s session was weaker than the last trading day, with the Market Momentum Tracker falling into negative territory. Despite this, the short-term breakout count remains positive, with more breakouts than breakdowns.
However, the long-term trend still sits in negative territory, indicating that breakdowns continue to outnumber breakouts over a longer time frame. Most stocks retraced today followi...

Good morning mooers! Here are things you need to know about today's market:
● Dow Jones Hits Trading High as S&P 500 Sets New Records Amid Market Stability
● Malaysian Rubber Exports Projected to Exceed RM30 Billion in 2024
● Penang Port's Container Volume to Decline Amid Red Sea Crisis
● Singapore Stocks Hit 17-Year High; Regional Currencies Struggle
● Stocks to Watch: Affin Bank, Capital A, Pharmaniaga, etc.
- Mo...

The much-anticipated rate cut decision has finally arrived, with the Federal Reserve announcing a 50 basis point rate cut! At this pivotal moment, investors need to have a deeper understanding of the background and impact of rate cuts.
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...

MPOB Monthly Report Highlights
This week, the Malaysian Palm Oil Board (MPOB) disclosed the fundamental aspects of supply and demand for Malaysian palm oil for the month of July. Key highlights from the report as below.
● Sharp Rise in Exports Leads to Inventory Decline
Malaysian palm oil exports and inventory levels in July surpassed market expectations, with robust exports contributing to a reduction in stockpiles. Exports surged by 39.9% mon...