Bursa Finance Index breaks record high. Is it time to invest in bank stocks?
Bursa Finance Index breaks record high. Is it time to invest in bank stocks?
In addition, after a sharp sell-off in the previous week, foreign investment in the Malaysian stock market turned net buying again in the week ending August 16, 2024. Last week, foreign investors net bought RM299.6 million of Malaysian stocks. Bursa Finance Index broke record high, leading the market, $MAYBANK (1155.MY)$ rose 34 sen to RM10.60,$CIMB (1023.MY)$ rose 31 sen to RM7.97, $PBBANK (1295.MY)$ rose 25 sen to RM4.54, $RHBBANK (1066.MY)$ rose 18sen to RM5.92.
布尔萨金融指数创纪录新高，引领市场。 $MAYBANK (1155.MY)$ 玫瑰上涨34仙至RM10.60,$CIMB (1023.MY)$ 上涨31仙至RM7.97, $PBBANK (1295.MY)$ 上涨25仙至RM4.54，$RHBBANK (1066.MY)$ 上涨18仙至RM5.92。
The positive momentum of the upcoming interest rate cut in the United States boosted investor sentiment on global stock markets. The Malaysian stock market rebounded from the recent plunge, and the composite index soared above the highest level in July in early trading on Monday, setting a four-year high.
此外，在上周八月16日结束的一周中，马来西亚股市的外国投资再次转为净买入，上周外国投资者净买入了2,9960万令吉的马来西亚股票。
Foreign exchange also showed strong momentum, with the Malaysian ringgit rising above 4.4 against the US dollar, rewriting the highest level since February 2023, and currently standing at 4.382. Malaysia's second-quarter economic growth exceeded expectations, and the Federal Reserve is expected to release a signal of interest rate cuts.
加入课堂学习更多投资知识>>
In addition, after a sharp sell-off in the previous week, foreign investment in the Malaysian stock market turned net buying again in the week ending August 16, 2024. Last week, foreign investors net bought RM299.6 million of Malaysian stocks.
此外，在上周股市大幅抛售后，外资在截至2024年8月16日的一周内再度成为马来西亚股市的净买家。上周，外国投资者净买入了29960万林吉特的马来西亚股票。
