LOTUS (8303) is nearing a key support level at RM0.155 after closing 3.13% lower in its latest session. This level has historically acted as a potential reversal point, but a breach could signal further downside toward RM0.150 or lower.
Support & Resistance. RM0.155 is the immediate support, while RM0.160 serves as resistance. A breakout above RM0.160 with higher volume could indicate recovery and entry point.
Candlestick Analysis. Recent cand...

KUALA LUMPUR: Bursa Malaysia continued on its downtrend on Thursday, as investors remained on cautious mode and continued to sell stocks across the board.
At 9.45am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 7.61 points to 1,590.57 from yesterday's close of 1,598.18.
The benchmark index began the day 1.63 points higher at 1,599.81.
On the broader market, gainers led losers 400 to 203, while 369 counters remained uncha...

KOTA KINABALU: Sabah is set to implement a sales tax on gold and silver next year as part of a strategy to increase revenue, state Finance Minister Datuk Seri Masidi Manjun said.
"Preparations to enforce the state sales tax on gold and silver are in their final stages and will be implemented in Jan next year," he said during his winding-up speech in the state assembly yesterday.
Masidi said the new sales tax will contribute approximate...

Tanco Holdings Berhad has long been a prominent player in Malaysia’s infrastructure and development landscape. With the announcement of its potential development and operation of a 480-acre landbank with capacity to fulfil 10 million Twenty-Foot Equivalent Unit (TEU) container port, the company’s valuation dynamics could undergo a transformative shift.
But how exactly would such a large-scale port impact Tanco’s worth, and what do...

BENGALURU Wall Street's main indices dropped on Wednesday, as continued escalation of Russia-Ukraine tensions worried investors, while megacap Nvidia lost ground ahead of quarterly results.
Stocks dipped after a report Ukraine fired long-range British Storm Shadow missiles into Russian territory. That followed Ukraine launching US-made ATACMS missiles into Russia on Tuesday, and Russia announcing it had lowered the t...

Our technical indicators had flagged ALPHA (0303) as the next potential uptrend stock, as evident by the successful bouncing off RM0.345 as key support level, while challenging the RM0.350 resistance level. For the next few trading days, if ALPHA is able to stay above RM0.350 level (a resistance-turned-support scenario), we believe ALPHA should trend towards RM0.385/RM0.400 level. The MACD crossover shows a bullish signal, further reinforcing...

Sunzen Biotech Bhd (BURSA: SUNZEN) has been busy shaking up its portfolio and adding new ventures, aiming to accelerate its growth and offer more value to its shareholders. Let’s take a closer look at what Sunzen has been up to and why recent moves are creating a buzz in the market.
The company, which primarily operates in the human health supplement space, has made a number of strategic acquisitions...

KUALA LUMPUR: Avanade, a Microsoft solutions provider, has unveiled seven new Microsoft-powered artificial intelligence (AI) services for mid-market organisations in Malaysia and the region.
Avanade has been promoting AI adoption in Malaysia, marked by the launch of Southeast Asia's first generative AI lab here last year and the establishment of its digital innovation studio at the Tun Razak Exchange.
"Mid-market organisations are poised to gain the most fro...

SINGAPORE - Bitcoin rose to a record high above $94,000 as a report that Donald Trump's social media company was in talks to buy crypto trading firm Bakkt added to hopes of a cryptocurrency-friendly regime under the incoming Trump administration.
Bitcoin, the world's biggest and best-known cryptocurrency, has more than doubled this year. It was last at $92,104 in Asian hours on Wednesday, having touched a record high $94,078 just toward the end of the p...

Support: RM0.835, RM0.850
Resistance: RM0.890, RM1.000
Our technical indicator had flagged Central Global as a potential buy due to the consistent liquidity and accumulation in action as represented by the red bars below. Currently, Central Global is standing strong on the RM0.850 level, and well above the key EMAs of 5/20/50, we foresee the stock to continue to challenge its’ other resistance level of RM0.890, and ultimate mid-term resis...