Good morning mooers! Here are things you need to know about today's market:
●Tech-Driven Sell-Off Leads to Second Day of Market Retreat
●Malaysia's Revised MM2H Scheme Faces Criticism Over Stringent Requirements
●Anticipated Recovery in Malaysian Rubber Market Amid Adverse Weather and Global Tensions
●Stocks to watch: SunCon, Genting Plantations, MCE and CIMB
-moomoo News MY
Wall Street S...
●Tech-Driven Sell-Off Leads to Second Day of Market Retreat
●Malaysia's Revised MM2H Scheme Faces Criticism Over Stringent Requirements
●Anticipated Recovery in Malaysian Rubber Market Amid Adverse Weather and Global Tensions
●Stocks to watch: SunCon, Genting Plantations, MCE and CIMB
-moomoo News MY
Wall Street S...
![MY Morning Wrap | Sunway Construction's Subsidiary Lands RM418 Million Sub-Contract for Data Centre M&E Works](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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On Thursday, Gamuda announced the securing of an AUD 1.6 billion (MYR 5 billion) contract, causing its share price to soar to a historic high. Although the stock price experienced a slight dip on Friday, it has still risen by more than 80% since the beginning of the year.
Although investors have responded positively to the contract, their reactions have been tempered as they have been expecting Gamuda to sign this a...
Although investors have responded positively to the contract, their reactions have been tempered as they have been expecting Gamuda to sign this a...
![Gamuda Hits Record High: Analysts Optimistic About Malaysia's Construction Sector](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240719/d8be926c8e384ed6a5d1f1060bf717bc.jpg?area=101&is_public=true)
![Gamuda Hits Record High: Analysts Optimistic About Malaysia's Construction Sector](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240719/e52cb4a4acd341b2822756c7099f4289.jpg?area=101&is_public=true)
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Good morning mooers! Here are things you need to know about today's market:
●Market Retreat Continues: Semiconductor Sell-Off Drags Down S&P 500 and Nasdaq, Dow Stays Positive for the Week
●Economists see Malaysia's export growth strengthening in 2H2024
●Investment banks project positive exports growth for Malaysia this year
●Stocks to watch: Gamuda, Ancom Nylex, T7 Global
-moomoo News MY
Wall Street Summary
The stock market expe...
●Market Retreat Continues: Semiconductor Sell-Off Drags Down S&P 500 and Nasdaq, Dow Stays Positive for the Week
●Economists see Malaysia's export growth strengthening in 2H2024
●Investment banks project positive exports growth for Malaysia this year
●Stocks to watch: Gamuda, Ancom Nylex, T7 Global
-moomoo News MY
Wall Street Summary
The stock market expe...
![MY Morning Wrap | Gamuda JV Secures AUD 1.6bn Contract in Australia](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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Despite cautious trading sentiment after the Philadelphia Semiconductor Index plunged nearly 7% on Wall Street, the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY$ fell slightly in the morning session. However, the index has risen by over 12% so far this year and reached 1638.03 yesterday, reaching its highest level since March 10, 2021.
Among these constituent stocks, the top 10 performers have seen gains of over 19% this year, with $SUNWAY(5211.MY$leading th...
Among these constituent stocks, the top 10 performers have seen gains of over 19% this year, with $SUNWAY(5211.MY$leading th...
![Bursa Malaysia KLCI Index Soars to Three-Year Peak, What's Next?](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240718/decd51891f024f20ae27984fd0abafd1.jpg?area=101&is_public=true)
![Bursa Malaysia KLCI Index Soars to Three-Year Peak, What's Next?](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240718/b7c0a1adc5f848aeace0947c2490bfa4.jpg?area=101&is_public=true)
![Bursa Malaysia KLCI Index Soars to Three-Year Peak, What's Next?](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240718/acc4ee258ae54e1d8389db2c9d1c7ceb.jpg?area=101&is_public=true)
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Good morning mooers! Here are things you need to know about today's market:
●AI and Semiconductor Stocks Pull Back, Slower-Growing Stocks Lead Dow Jones to New High
●FBM KLCI Predicted to See Upside Potential in H2 2024, Driven by Easing US Monetary Policy and Foreign Interest
●Malaysia to Ensure Effective Use of Water and Electricity Supply for Data Centers
●Stocks to watch: Pavilion REIT, ILB, and PGF Capital
...
●AI and Semiconductor Stocks Pull Back, Slower-Growing Stocks Lead Dow Jones to New High
●FBM KLCI Predicted to See Upside Potential in H2 2024, Driven by Easing US Monetary Policy and Foreign Interest
●Malaysia to Ensure Effective Use of Water and Electricity Supply for Data Centers
●Stocks to watch: Pavilion REIT, ILB, and PGF Capital
...
![MY Morning Wrap | ILB Group Acquires Solar Energy Company and Assets for RM98 Million](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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Good morning mooers! Here are things you need to know about today's market:
●Dow Jones and S&P 500 Close at Record Highs
●Malaysia Poised to Become Asia's Third-Biggest Data Centre Market, says Juwai IQI
●Amro Cuts Malaysia's 2024 GDP Growth Forecast to 4.7%, Raises 2025's to 4.9%
●Stocks to watch: Maxis, MAHB, and Vestland
-moomoo News MY
Wall Street Summary
The Dow Jones Industrial Average and the S&P 500 closed at reco...
●Dow Jones and S&P 500 Close at Record Highs
●Malaysia Poised to Become Asia's Third-Biggest Data Centre Market, says Juwai IQI
●Amro Cuts Malaysia's 2024 GDP Growth Forecast to 4.7%, Raises 2025's to 4.9%
●Stocks to watch: Maxis, MAHB, and Vestland
-moomoo News MY
Wall Street Summary
The Dow Jones Industrial Average and the S&P 500 closed at reco...
![MY Morning Wrap | Maxis Considers Buying Out U Mobile to Expand in Malaysia](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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Recently, Malaysia obtained palm oil trade agreements worth more than 230 million ringgit at the 15th China International Edible Oil Industry Expo held in Nanjing, China.
In addition, Malaysian palm oil companies and enterprises signed four memorandums of understanding (MoUs) at an event held on July 11, including using Taobao to develop online B2B and B2C sales channels, and using tocotrienols (a potent form...
In addition, Malaysian palm oil companies and enterprises signed four memorandums of understanding (MoUs) at an event held on July 11, including using Taobao to develop online B2B and B2C sales channels, and using tocotrienols (a potent form...
![La Niña Phenomenon Raises Palm Oil Supply Risks: Could It Boost Prices? Analysts Divided](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240716/9cb3049dd794498faa8f816d2f2e0d26.png?area=101&is_public=true)
![La Niña Phenomenon Raises Palm Oil Supply Risks: Could It Boost Prices? Analysts Divided](https://sgsnsimg.moomoo.com/sns_client_feed/101000104/20240716/49f78b94d2a34fc89454c7b4f3db086c.png?area=101&is_public=true)
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Good morning mooers! Here are things you need to know about today's market:
●Dow Jones Hits Fresh Closing High Above 40,211 After Breaking Intraday Trading Records
●Malaysia's Economic Growth Likely Picked Up in Q2 2024, Driven by Export-Oriented Industries
●Foreign Investors Show Continued Interest in Malaysian Equities with US$598 Million Inflow in 1Q 2024
●Stocks to watch: UUE Holdings
-moomoo News MY
Wall Street Summar...
●Dow Jones Hits Fresh Closing High Above 40,211 After Breaking Intraday Trading Records
●Malaysia's Economic Growth Likely Picked Up in Q2 2024, Driven by Export-Oriented Industries
●Foreign Investors Show Continued Interest in Malaysian Equities with US$598 Million Inflow in 1Q 2024
●Stocks to watch: UUE Holdings
-moomoo News MY
Wall Street Summar...
![MY Morning Wrap | UUE Holdings Secures Two Contracts Worth RM26.93 Million](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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Good morning mooers! Here are things you need to know about today's market:
●Nasdaq Falls from Record High as Investors Rotate Out of Big Tech Stocks
●Malaysia's Economic Growth Likely Picked Up in Q2 2024, Driven by Export-Oriented Industries
●Malaysia Undertakes Efforts to Strengthen Ringgit, Including Encouraging Foreign Direct Investments
●Stocks to watch: Nestcon, Johor Plantations, Toyo Ventures
-moomoo News MY
Wa...
●Nasdaq Falls from Record High as Investors Rotate Out of Big Tech Stocks
●Malaysia's Economic Growth Likely Picked Up in Q2 2024, Driven by Export-Oriented Industries
●Malaysia Undertakes Efforts to Strengthen Ringgit, Including Encouraging Foreign Direct Investments
●Stocks to watch: Nestcon, Johor Plantations, Toyo Ventures
-moomoo News MY
Wa...
![MY Morning Wrap | Nestcon Aims to Raise RM27.27 Million via Private Placement](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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Columns MY Morning Wrap | Shin Yang Group to Acquire Toyota and Lexus Car Dealership Business in Malaysia
Good morning mooers! Here are things you need to know about today's market:
●Nasdaq Falls from Record High as Investors Rotate Out of Big Tech Stocks
●Singapore Businesses Show Overwhelming Interest in Johor-Singapore Special Economic Zone
●Malaysia's Wholesale and Retail Sales Grow 7.1% YoY in May, Fueled by Higher Retail Sales
●Stocks to watch: Shin Yang, QL Resources, Keyfield
-moomoo News MY
Wall...
●Nasdaq Falls from Record High as Investors Rotate Out of Big Tech Stocks
●Singapore Businesses Show Overwhelming Interest in Johor-Singapore Special Economic Zone
●Malaysia's Wholesale and Retail Sales Grow 7.1% YoY in May, Fueled by Higher Retail Sales
●Stocks to watch: Shin Yang, QL Resources, Keyfield
-moomoo News MY
Wall...
![MY Morning Wrap | Shin Yang Group to Acquire Toyota and Lexus Car Dealership Business in Malaysia](https://sgsnsimg.moomoo.com/feed_image/101000104/0fa6e671576b35f190115b51be5b52cd.webp/bigjpg)
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