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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ managed to rebound strong back towards the 1604 points region with an overall positive market sentiment today. Daily trading volume remains around the 2.9 billion mark, which is just average.
Main stocks that showed strong buying momentum would be the likes of TOPGLOV, JPG, BAHVEST, LWSABAH, CYPARK, SCGBHD, CAPITALA, PMETAL, SUNWAY, SRIDGE, KOSSAN, and YEWLEE. All of which were able to sustain their rallies ...
Main stocks that showed strong buying momentum would be the likes of TOPGLOV, JPG, BAHVEST, LWSABAH, CYPARK, SCGBHD, CAPITALA, PMETAL, SUNWAY, SRIDGE, KOSSAN, and YEWLEE. All of which were able to sustain their rallies ...
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$UWC (5292.MY)$ lai lai lai, the more it drops the better chance to buy. ATH in the making kekkeke
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$JPG (5323.MY)$ $TSH (9059.MY)$ $MKHOP (5319.MY)$ $Agribusiness Sector (LIST22905.MY)$
In summary of the following report, although Malaysia has closed some overseas palm oil offices, the government will still use other methods, such as the Minister of Agriculture actively promoting and lobbying to inform everyone of the benefits of palm oil, especially in these important markets in Europe. At the same time, the MADANI government will also provide some incentives to plantation companies, such as tax reductions and promotion of advanced technology, to help companies save costs and improve efficiency.
For plantation stocks, this may be good news, as increased exports and reduced costs may allow companies to earn more money and stock prices may also improve.However,If these promotions are ineffective, or if europe's policy on palm oil does not change, there may still be pressure on the stock price.
So, overall, these measures help make the agriculture industry more competitive, but it still takes time to see the effects. Stay tuned.
In summary of the following report, although Malaysia has closed some overseas palm oil offices, the government will still use other methods, such as the Minister of Agriculture actively promoting and lobbying to inform everyone of the benefits of palm oil, especially in these important markets in Europe. At the same time, the MADANI government will also provide some incentives to plantation companies, such as tax reductions and promotion of advanced technology, to help companies save costs and improve efficiency.
For plantation stocks, this may be good news, as increased exports and reduced costs may allow companies to earn more money and stock prices may also improve.However,If these promotions are ineffective, or if europe's policy on palm oil does not change, there may still be pressure on the stock price.
So, overall, these measures help make the agriculture industry more competitive, but it still takes time to see the effects. Stay tuned.
Translated
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After the move up today here are where things stand with SPY. GAPs open above and below to keep an eye on. A move to 590.20 would be a good spot for a short entry. Similarly if we come back down to retest 583.86 could be good for a long bounce but that would only be for a quick scalp as that level is likely to give way to a GAP fill.
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$SPDR S&P 500 ETF (SPY.US)$
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$SPDR S&P 500 ETF (SPY.US)$
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In my years of trading and investing, I’ve learned one hard rule: take profit when you can—then it’s your money.
Let’s discuss the $NASDAQ 100 Index (.NDX.US)$ (NASDAQ 100).
Has it broken to new highs? Yes, the price is indeed bullish. However, technically, the price is nearing the top of an equidistant channel, which often represents a supply or resistance area.
While the overall trend remains up, the first critical “danger point” to watch is 20,650.
This was the pr...
Let’s discuss the $NASDAQ 100 Index (.NDX.US)$ (NASDAQ 100).
Has it broken to new highs? Yes, the price is indeed bullish. However, technically, the price is nearing the top of an equidistant channel, which often represents a supply or resistance area.
While the overall trend remains up, the first critical “danger point” to watch is 20,650.
This was the pr...
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