Market Remains Weak
The market showed a brief glimpse of optimism last Thursday and Friday, closing higher with some indicators turning positive. However, over the past few days, many stocks have pulled back, and all readings have reverted to negative. The brief bullish momentum has faded, proving to be short-lived.
Looking ahead, improvement in key metrics is needed to confirm a sustained bullish trend. Ideally, the Market Momentum Tracker should tur...

Year-on-Year (YoY) Performance
For the second quarter of FY2025 ending 31 July 2024 (“Q2 FY2025”), SNS Network Technology Berhad (“SNS”) recorded a revenue of RM303.71 million, reflecting a decline of 8.8% compared to RM332.88 million in the same quarter of FY2024.
This decline is largely attributed to a significant drop in sales of ICT products, particularly in the education sector, which had contributed to strong sales in the prior...

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...