JiaSai
voted
The market’s been a bloodbath 😱 lately, and I’m not alone in feeling the sting. Scouring the Moo community, I’ve seen countless stories of losses – folks pouring their hearts out about their shrinking portfolios. It’s a humbling reminder that we’re all in this together. Sure, there are a few lucky souls boasting about their gains 🤑, but they’re like unicorns 🦄 in a field of wounded gazelles. @104240685 @Wenhao95 @sky9191, you’re one of those lucky fe...
69
30
JiaSai
liked
▪️ Global equities are in a risk-off mood, with the S&P500 and Nasdaq down 1.4% and 2.4% respectively to erase gains from Wednesday night, while Asian indices are trading in a sea of red led by losses in the Nikkei 225 which is down 4.6% as of 918AM. Consequently, put warrants are amongst this morning’s top warrant gainers:
▪️ The risk-off mood is driven by concerns that the US central bank may be too slow in cutting rates given the ...
▪️ The risk-off mood is driven by concerns that the US central bank may be too slow in cutting rates given the ...
5
JiaSai
reacted to
What determines the rise and fall of stock markets? Some may argue that companies are the main players and their performance is the key factor. Others point to investor sentiment, supply and demand of financial products, and international events.
While all these factors are important, they all depend on an even more crucial element: the health of the economy. Think of companies as ships sailing in the vast ocean.🛳️ When the economy is healthy, the sea ...
While all these factors are important, they all depend on an even more crucial element: the health of the economy. Think of companies as ships sailing in the vast ocean.🛳️ When the economy is healthy, the sea ...
+5
442
238
JiaSai
liked
JiaSai
liked
The construction sector has been successful in the first half of the year, with a total of RM26.36 billion. Analysts say the sector will take off in the second half of the year with the support of large-scale infrastructure projects, and it is predicted that it will receive more than RM40 billion in contracts, a record high since 2016.
Hong Leong Investment Bank Research released a report on Wednesday saying that the contract value obtained by the domestic construction sector in the first half of 2024 was astonishing, reaching RM20.738 billion, an increase of 41% over the previous year, almost comparable to the total contract value received by the sector in 2023 of RM21.8 billion.
Analysts pointed out that the main reason for the sharp increase in contract value so far this year is the increase in the number of contracts in the field. There were 97 contracts in the first half of the year alone, far higher than the 51 contracts in the same period last year.
“We found that the sector's contract value for the second quarter of this year was RM13.8 billion, which is our second-highest quarterly record for compiling the database since 2009, after 2016.”
The analyst added that this field can still achieve such excellent results without too many infrastructure projects during this period, which is undoubtedly a major achievement.
“We believe that the bullish sentiment among real estate developers and data center related contracts is the reason for the surge in construction contracts.”
Analysts said that in the second half of this year, in addition to data centers continuing to dominate contracts in the field, it is expected that this field will continue to improve with the support of launching large-scale public infrastructure projects.
“Simply put, the large-scale projects that were extended in the first half of the year will be the main axis leading the field in the second half of the year.”
Analysts believe that the second half of the year...
Hong Leong Investment Bank Research released a report on Wednesday saying that the contract value obtained by the domestic construction sector in the first half of 2024 was astonishing, reaching RM20.738 billion, an increase of 41% over the previous year, almost comparable to the total contract value received by the sector in 2023 of RM21.8 billion.
Analysts pointed out that the main reason for the sharp increase in contract value so far this year is the increase in the number of contracts in the field. There were 97 contracts in the first half of the year alone, far higher than the 51 contracts in the same period last year.
“We found that the sector's contract value for the second quarter of this year was RM13.8 billion, which is our second-highest quarterly record for compiling the database since 2009, after 2016.”
The analyst added that this field can still achieve such excellent results without too many infrastructure projects during this period, which is undoubtedly a major achievement.
“We believe that the bullish sentiment among real estate developers and data center related contracts is the reason for the surge in construction contracts.”
Analysts said that in the second half of this year, in addition to data centers continuing to dominate contracts in the field, it is expected that this field will continue to improve with the support of launching large-scale public infrastructure projects.
“Simply put, the large-scale projects that were extended in the first half of the year will be the main axis leading the field in the second half of the year.”
Analysts believe that the second half of the year...
Translated
39
JiaSai
reacted to
The second earnings season will officially kick off release on July 12. As usual, bank stocks will lead the earnings season— $JPM.US$, $WFC.US$, $C.US$,and $BK.US$will report their earnings later.
Prior to this, the $.SPX.US$ has reached new highs for the 34th time this year since hitting its low last October, driven by the AI boom and bets on Federal Reserve ...
Prior to this, the $.SPX.US$ has reached new highs for the 34th time this year since hitting its low last October, driven by the AI boom and bets on Federal Reserve ...
+1
607
188
JiaSai
commented on and voted
$AVGO.US$, which has soared 52% this year, will officially implement a 10-for-1 stock split plan after market close on July 12th (this Friday). This move follows $NVDA.US$, another major AI player, and has sparked market speculation.
Let's compare the recent stock trends of NVIDIA and Broadcom. From the announcement to the actual split, NVIDIA's share price jumped about 27%, and it has risen an additi...
Let's compare the recent stock trends of NVIDIA and Broadcom. From the announcement to the actual split, NVIDIA's share price jumped about 27%, and it has risen an additi...
+4
734
465