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$MYEG (0138.MY)$ today might able to see rm 1, stay tune
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$MYEG (0138.MY)$ Is it a good time to buy it now, everyone?
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After Donald Trump was elected President of the United States, the momentum of foreign capital fleeing Malaysian stocks shows no signs of stopping. Last week, the net selling amount soared to 0.8824 billion ringgit, marking the 8th consecutive week of massive selling of Malaysian stocks.
The Capital Trend report released by MIDF Research shows that foreign funds were selling Malaysian stocks last week, with the highest net selling amount on Thursday reaching 0.3512 billion ringgit. Net selling on other trading days ranged between 46.7 million ringgit and 0.2732 billion ringgit.
Last week, the sectors most sold off by foreign funds were financial services (-0.3181 billion ringgit), utilities (-0.2344 billion ringgit), and Technology (-76.7 million ringgit).
As for the few sectors favored by foreign investments, they are construction (50 million Ringgit), healthcare (17.5 million Ringgit), and industry (10 million Ringgit).
Local institutions continue to support Malaysian stocks, with net purchases of Malaysian stocks reaching 0.9 billion and 95.5 million Ringgit last week. The highest net purchases were on Wednesday and Thursday last week, amounting to 0.264 billion Ringgit and 3.522 billion Ringgit, respectively.
At the same time, retail investors continued to exit the Malaysian stock market at a time when the performance was poor, with a total net selling of 0.1131 billion Ringgit. However, compared to the previous week's 0.2999 billion Ringgit, the rate of net selling has slowed down.
In terms of participation, all three investor categories have declined, with foreign investments decreasing by 20.5%, local institutions by 8.3%, and retail investors by 14.4%.
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$
Foreign capital...
The Capital Trend report released by MIDF Research shows that foreign funds were selling Malaysian stocks last week, with the highest net selling amount on Thursday reaching 0.3512 billion ringgit. Net selling on other trading days ranged between 46.7 million ringgit and 0.2732 billion ringgit.
Last week, the sectors most sold off by foreign funds were financial services (-0.3181 billion ringgit), utilities (-0.2344 billion ringgit), and Technology (-76.7 million ringgit).
As for the few sectors favored by foreign investments, they are construction (50 million Ringgit), healthcare (17.5 million Ringgit), and industry (10 million Ringgit).
Local institutions continue to support Malaysian stocks, with net purchases of Malaysian stocks reaching 0.9 billion and 95.5 million Ringgit last week. The highest net purchases were on Wednesday and Thursday last week, amounting to 0.264 billion Ringgit and 3.522 billion Ringgit, respectively.
At the same time, retail investors continued to exit the Malaysian stock market at a time when the performance was poor, with a total net selling of 0.1131 billion Ringgit. However, compared to the previous week's 0.2999 billion Ringgit, the rate of net selling has slowed down.
In terms of participation, all three investor categories have declined, with foreign investments decreasing by 20.5%, local institutions by 8.3%, and retail investors by 14.4%.
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$
Foreign capital...
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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ retraced slightly back towards the 1606 points region with an overall negative market sentiment as we still saw over 650 counters closing red for the day. Daily trading volume maintained around the 3.1 billion mark, mainly dominated by sellers.
Main stocks that showed strong buying momentum would be the likes of MYEG, JCY, SUPERMX, GTRONIC, OMESTI, PWRWELL, SORENTO, AZAMJAYA, and SNS. All of which were able ...
Main stocks that showed strong buying momentum would be the likes of MYEG, JCY, SUPERMX, GTRONIC, OMESTI, PWRWELL, SORENTO, AZAMJAYA, and SNS. All of which were able ...
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$MYEG (0138.MY)$ if can breakthough 0.96... next will be 1.00
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$JCY (5161.MY)$ I'm back.
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$JCY (5161.MY)$ Aiyo stocks wont go up straight line one, it is normal up down up down. Be patience man, or else no good christmas gift
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$JCY (5161.MY)$ What's wrong? Can't go up.
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105129820 : are you sure?