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Hello mooers!!!
Welcome back to AU Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
Let's dive into the buzzing stocks last week!
NVDA Buzzing Stars: ⭐⭐⭐⭐⭐
Large-cap technology stocks, particularly those associated with the AI trade, have faced considerable p...
Welcome back to AU Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
Let's dive into the buzzing stocks last week!
NVDA Buzzing Stars: ⭐⭐⭐⭐⭐
Large-cap technology stocks, particularly those associated with the AI trade, have faced considerable p...
![Aussie Weekly Buzz: Welcome to join the $2 trillion club](https://sgsnsimg.moomoo.com/sns_client_feed/151000100/20240701/1719831047301-187a4c5b9e.png/thumb?area=102&is_public=true)
![Aussie Weekly Buzz: Welcome to join the $2 trillion club](https://sgsnsimg.moomoo.com/sns_client_feed/151000100/20240701/1719832090006-28e4791d19.jpeg/thumb?area=102&is_public=true)
![Aussie Weekly Buzz: Welcome to join the $2 trillion club](https://sgsnsimg.moomoo.com/sns_client_feed/151000100/20240701/1719836134213-0ef341980f.png/thumb?area=102&is_public=true)
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Commercial electricity costs fell slightly in the second half of the year. National Energy: No impact on finance
$TENAGA(5347.MY$ National Energy today ushered in a cost transfer mechanism (ICPT) for the second half of the year. From July 1 to December 31, the peninsula's household electricity rate remained unchanged; the ICPT surcharge for commercial and industrial users was reduced by 1 cent per kilowatt-hour.
The Ministry of Energy and Water Transition (PETRA) recently announced that the government has decided to continue implementing the ICPT from July 1 to December 31 this year.
This is to deal with additional power generation costs due to higher fuel prices between January 1 and June 30 this year.
So far, since the mechanism was introduced in 2015, the government has implemented 20 cycles of ICPT.
According to this, the government will allocate RM2.292 billion as targeted electricity subsidies for the second half of the year.
Despite this, National Energy said it will not have any impact on its business operations and finances.
It is worth noting that Guoneng's stock price in the first half of the year was driven by fanatical data center themes, and reached a 52-week high of RM14.28 on June 18.
Last week, China was affected by market arbitrage and pulled back slightly, but on the first trading day of the second half of the year, it seemed to regain upward momentum.
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. Readers are solely responsible for any risk and liability arising from reliance on this content. At...
$TENAGA(5347.MY$ National Energy today ushered in a cost transfer mechanism (ICPT) for the second half of the year. From July 1 to December 31, the peninsula's household electricity rate remained unchanged; the ICPT surcharge for commercial and industrial users was reduced by 1 cent per kilowatt-hour.
The Ministry of Energy and Water Transition (PETRA) recently announced that the government has decided to continue implementing the ICPT from July 1 to December 31 this year.
This is to deal with additional power generation costs due to higher fuel prices between January 1 and June 30 this year.
So far, since the mechanism was introduced in 2015, the government has implemented 20 cycles of ICPT.
According to this, the government will allocate RM2.292 billion as targeted electricity subsidies for the second half of the year.
Despite this, National Energy said it will not have any impact on its business operations and finances.
It is worth noting that Guoneng's stock price in the first half of the year was driven by fanatical data center themes, and reached a 52-week high of RM14.28 on June 18.
Last week, China was affected by market arbitrage and pulled back slightly, but on the first trading day of the second half of the year, it seemed to regain upward momentum.
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. Readers are solely responsible for any risk and liability arising from reliance on this content. At...
Translated
![Commercial electricity costs fell slightly in the second half of the year. National Energy: No impact on finance](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240701/78647cd89eb94732574d477ee01b575b.jpg/thumb?area=104&is_public=true)
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$SEALINK(5145.MY$
The green point indicates good entry point. Now waiting for red point to appear to sell.
The green point indicates good entry point. Now waiting for red point to appear to sell.
![Good Entry](https://sgsnsimg.moomoo.com/sns_client_feed/103426475/20240627/1719444311317-random5467-103426475-android-org.jpeg/thumb?area=104&is_public=true)
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US Stock Market Review 17 – 21 June 2024
DJI +1.45%, S&P500 +0.61%, NASDAQ +0.01%.
A robust US economy has propelled Wall Street stocks to record levels and dissuaded the Federal Reserve (Fed) from cutting interest rates from their 23-year high of 5.25% to 5.5%.
Event to watch: 25 Jun US CB Consumer Confidence, 26 Jun US New Home Sales, 27 Jun US GDP & US Initial Jobless Claims, 28 Jun US Core PCE Price Index.
MY Stock Market Rev...
DJI +1.45%, S&P500 +0.61%, NASDAQ +0.01%.
A robust US economy has propelled Wall Street stocks to record levels and dissuaded the Federal Reserve (Fed) from cutting interest rates from their 23-year high of 5.25% to 5.5%.
Event to watch: 25 Jun US CB Consumer Confidence, 26 Jun US New Home Sales, 27 Jun US GDP & US Initial Jobless Claims, 28 Jun US Core PCE Price Index.
MY Stock Market Rev...
![Weekly Market Pulse #Jun. 24 'Unveiling the IPO using moomoo app'](https://1500015405.vod2.myqcloud.com/c84591d5vodtranssgp1500015405/5edc21341253642699557779143/coverBySnapshot/coverBySnapshot_10_0.jpg)
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