😊Hi, Malaysian mooers!
Malaysia Airports is estimated to release its next earnings report on May 30. How will the market react to the company's quarterly results? Vote your answer to participate!
🎁 Rewards
●👌 An equal share of 1,000 points: For mooers who correctly guess the price range of $AIRPORT(5014.MY)$'s closing price on its earnings release date (e.g., If 50 mooers make a correct guess, each of them wil...

$LAGENDA(7179.MY)$ MACC arrests managing director to assist investigations into Malay reserve land fraud MACC arrests managing director to assist investigations into Malay reserve land fraud [NSTTV] | New Straits Times

Greetings, Mooers!
April was a whirlwind for U.S. stock markets, and our Moomoo Community has been right in the thick of it, sharing their triumphs, strategies, and insights. Reflecting on a month marked by volatility, let's celebrate our community's popular UGC that helped many navigate the choppy waters of options trading.
🎓 Building a Future with Moomoo 🎓
One of our own, a 25-year-old banking and finance undergrad, @SneakyBear share...

$MAYBANK(1155.MY)$
The contribution of Islamic banks increased, and Bank of Malaysia's net profit rose 10% to earn 2.5 billion
The increase in Islamic banking business and other operating revenue contributed to a 9.85% year-on-year increase in MAYBANK (MAYBANK)'s net profit for the first quarter of fiscal year 2024 to RM2,48,472,000.
Revenue for the quarter ending March 1 was recorded at RM18.346.63 million, an annual increase of 20.81%.
Bank of Malaysia's net interest income for the first quarter fell slightly to RM3.154 billion from RM3,228 billion in the same period last fiscal year, mainly due to increased financing costs in the local market, and net interest earnings (NIM) fell 19 basis points year over year.
Due to strong growth in loans from Malaysia, Singapore and Indonesia in major markets, total loans increased 11% in the first quarter; total deposits expanded 8.9%.
In addition, the bank's insurance/Islamic insurance business had net revenue of RM182 million, compared with a net loss of RM8 million in the previous period.
The revenue of Islamic banks increased to RM2,090 billion, compared to RM1,791 billion in the previous period.
Financial asset appreciation
Meanwhile, other operating income increased to RM2,868 billion, an increase of 66.8% compared to the previous RM1,719 billion, mainly due to an increase in the value of some financial assets.
These include higher unrealized returns brought about by the fair value measurement (FVTPL) revaluation of financial liabilities and financial investments, as well as increases in investment income and fee income.
This silver...

😊Hi, Malaysian mooers!
MAYBANK is set to release its next earnings report on May 24. How do you think the market will react to the company's quarterly results? Cast your vote to participate!
(Vote will close on 16:30 MYT May 24)
🎁 Rewards
👌 An equal share of 1,000 points: For mooers who correctly guess the price range of $MAYBANK(1155.MY)$'s closing price at 16:45 MYT May 24 (e.g., If 50 mooers make a correct guess, ...

$Ultra U.S. Treasury Bond Futures(SEP4)(UBmain.US)$
Liquidity is What Moves Markets
Investors worldwide pay very close attention to the Fed whenever they speak. They are searching for any inkling of a clue into future policy decisions. Ultimately, they are looking for the one thing that moves markets, and that would be liquidity.
Will they decrease interest rates? Will they add assets to their balance sheet? Will the Federal Reserve pump liquidity into the ...

Is it just around the corner when the ringgit rises 6 times in a row to return to glory?
Reporter: @Jungle lee
The slowdown in US inflation data for April increased expectations that the Federal Reserve would cut interest rates, driving $XAU/USD(XAUUSD.CFD)$The ringgit rose against the US dollar for 6 consecutive days!
In fact, this is also closely related to the policies introduced by the Malaysian Government and the National Bank of Malaysia (BNM). Coupled with stronger economic performance, it has boosted market confidence.
During this period, BNM proposed three major measures to stabilize the ringgit, and Changming's economic strategy began to work.
In addition, $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$The recovery in the composite index surpassed 1,600 points. Coupled with the influx of foreign capital into the Malaysian bond market, there are various signs that Lingji will return to glory, which is just around the corner!
Full report:How soon can we expect Ling Ji to recover step by step and return to glory?
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.