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KingofBursa
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An overview of the US stock market and everything you need to know so that you start off on the right foot!
Topics covered:
- Overview of the US market
- Top US stock market indexes
- Why the US stock market
- Different ways to invest in the US market
- Other FAQs
You are free to ask any questions throughout the livestream!😊
Topics covered:
- Overview of the US market
- Top US stock market indexes
- Why the US stock market
- Different ways to invest in the US market
- Other FAQs
You are free to ask any questions throughout the livestream!😊
![](https://sgliveimg.moomoo.com/live_client/101775156/20240530/29106c3e9663023ba25fbde48a18d1be.jpg/thumb?area=101&is_public=true)
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KingofBursa
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$MAYBANK(1155.MY$
The contribution of Islamic banks increased, and Bank of Malaysia's net profit rose 10% to earn 2.5 billion
The increase in Islamic banking business and other operating revenue contributed to a 9.85% year-on-year increase in MAYBANK (MAYBANK)'s net profit for the first quarter of fiscal year 2024 to RM2,48,472,000.
Revenue for the quarter ending March 1 was recorded at RM18.346.63 million, an annual increase of 20.81%.
Bank of Malaysia's net interest income for the first quarter fell slightly to RM3.154 billion from RM3,228 billion in the same period last fiscal year, mainly due to increased financing costs in the local market, and net interest earnings (NIM) fell 19 basis points year over year.
Due to strong growth in loans from Malaysia, Singapore and Indonesia in major markets, total loans increased 11% in the first quarter; total deposits expanded 8.9%.
In addition, the bank's insurance/Islamic insurance business had net revenue of RM182 million, compared with a net loss of RM8 million in the previous period.
The revenue of Islamic banks increased to RM2,090 billion, compared to RM1,791 billion in the previous period.
Financial asset appreciation
Meanwhile, other operating income increased to RM2,868 billion, an increase of 66.8% compared to the previous RM1,719 billion, mainly due to an increase in the value of some financial assets.
These include higher unrealized returns brought about by the fair value measurement (FVTPL) revaluation of financial liabilities and financial investments, as well as increases in investment income and fee income.
This silver...
The contribution of Islamic banks increased, and Bank of Malaysia's net profit rose 10% to earn 2.5 billion
The increase in Islamic banking business and other operating revenue contributed to a 9.85% year-on-year increase in MAYBANK (MAYBANK)'s net profit for the first quarter of fiscal year 2024 to RM2,48,472,000.
Revenue for the quarter ending March 1 was recorded at RM18.346.63 million, an annual increase of 20.81%.
Bank of Malaysia's net interest income for the first quarter fell slightly to RM3.154 billion from RM3,228 billion in the same period last fiscal year, mainly due to increased financing costs in the local market, and net interest earnings (NIM) fell 19 basis points year over year.
Due to strong growth in loans from Malaysia, Singapore and Indonesia in major markets, total loans increased 11% in the first quarter; total deposits expanded 8.9%.
In addition, the bank's insurance/Islamic insurance business had net revenue of RM182 million, compared with a net loss of RM8 million in the previous period.
The revenue of Islamic banks increased to RM2,090 billion, compared to RM1,791 billion in the previous period.
Financial asset appreciation
Meanwhile, other operating income increased to RM2,868 billion, an increase of 66.8% compared to the previous RM1,719 billion, mainly due to an increase in the value of some financial assets.
These include higher unrealized returns brought about by the fair value measurement (FVTPL) revaluation of financial liabilities and financial investments, as well as increases in investment income and fee income.
This silver...
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KingofBursa
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😊Hi, Malaysian mooers!
MAYBANK is set to release its next earnings report on May 24. How do you think the market will react to the company's quarterly results? Cast your vote to participate!
(Vote will close on 16:30 MYT May 24)
🎁 Rewards
👌 An equal share of 1,000 points: For mooers who correctly guess the price range of $MAYBANK(1155.MY$'s closing price at 16:45 MYT May 24 (e.g., If 50 mooers make a correct guess, ...
MAYBANK is set to release its next earnings report on May 24. How do you think the market will react to the company's quarterly results? Cast your vote to participate!
(Vote will close on 16:30 MYT May 24)
🎁 Rewards
👌 An equal share of 1,000 points: For mooers who correctly guess the price range of $MAYBANK(1155.MY$'s closing price at 16:45 MYT May 24 (e.g., If 50 mooers make a correct guess, ...
![MAYBANK Q1 FY2024 Earnings Preview: Grab rewards by guessing the closing price!](https://sgsnsimg.moomoo.com/sns_client_feed/101000106/20240523/1716458660560-b5228973b3.png/thumb?area=104&is_public=true)
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KingofBursa
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Tonight, we're diving into the wild, wacky world of cryptocurrency, where Craig Wright, the self-proclaimed Bitcoin inventor, just got served a big ol' slice of humble pie by a UK judge. That's right, Wright's been telling everyone he's Satoshi Nakamoto, the mysterious genius behind Bitcoin, but the judge ruled he's about as credible as a get-rich-quick email scam!
Now, Wright strutted into the High Court in London like he was about to claim the th...
Now, Wright strutted into the High Court in London like he was about to claim the th...
KingofBursa
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