Hey Moo-ers! Some promising news just dropped on the US inflation front (for June 2024). Here’s a quick rundown of what’s happening and what it means for us.
Key points:
1. Inflation Trends: The Consumer Price Index (CPI) dropped 0.1% from May, bringing the annual inflation rate down to 3.0% from 3.3%. This marks the first monthly decline since May 2020, thanks to falling gas and car prices.
2. Core Inflation: Excluding energy and food, the core CPI rose only 0...

$K1(0111.MY)$ Hoot kaw kaw! Huat ah!

$CABNET(0191.MY)$ continue journey after R&R at highway

Malaysian stocks look forward to victory in the second half of the year
Special Report: Yang Huiping @pingggg
Driven by the AI-driven data center boom, Malaysian stocks performed quite well in the first half of the year. The FTSE Composite Index rose 9.31% in half a year, making investors laugh hehe.
And in a rapidly changing market, how can investors seize opportunities in the second half of the year? Are Malaysian stocks in the second half of the year still driven by data center concepts? What other topics and areas can stand out?
To this end, “Nanyang Commercial Daily” read the investment outlook reports of major investment banks for the second half of the year, sorted out the six major investment themes, and let's take a look at where the investment opportunities for the second half of the year fall.
After years of sluggishness and favorable factors, Malaysian stocks are expected to prosper until next year
Looking back at the first half of the year, with the recovery of the industrial industry, the boom in artificial intelligence (AI) and data centers, healthy domestic economic growth, and stable corporate profits, Malaysian stocks reversed years of sluggishness and achieved a strong rebound.
As of the end of June this year, $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$The FTSE Composite Index rose by about 9.3% and performed quite well in the region.
Now, in the second half of the year, whether Malaysian stocks can continue to rise has become what investors are most concerned about.
Research analysts at Dahua Jixian believe that the gains in the first half of the year were due to strong domestic liquidity, because the composite index also rose 7.0% after the first 5 months of continuous foreign capital withdrawal.
Next, given the Federal Reserve's shift to a dovish attitude in the second half of the year...

$CABNET(0191.MY)$ the journey from jb to penang now only at KL otw to ipoh and penang

$K1(0111.MY)$ another rejection candle today🙄

$K1(0111.MY)$ can it go higher...