MYEG Stock Forum

1. $SALCON (8567.BMS)$
Short term looking weak and is trying to challenge 0.380 previous support. Will need to secure back above 0.380 for a chance to challenge 0.425 again else we might see further downside should it break crucial support at 0.335 next.
2. $PWRWELL (0217.BMS)$
Short term uptrend broken. Currently seems to have found a higher support but best to secure back above 0.480 for a chance to challenge 0.515 again. Expect downtrend ...

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In an electrifying turnaround, Bursa Malaysia surged higher by midday, fueled by a wave of bargain hunting after the market experienced significant oversold conditions. Investors seized the opportunity to snap up undervalued stocks, driving the key index to impressive gains.
Market Movements and Key Statistics
By 12:30 pm, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ had soared 19.32 po...

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In a surprising turn of events, Bursa Malaysia rebounded strongly from the previous day’s global stock rout, with the key index entering positive territory by midday. Investors appeared to have digested the selling pressure, albeit cautiously, with the specter of margin calls looming later in the week.
Market Movements and Key Statistics
By 12:30 pm, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ surged 31...

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In an intriguing start to the trading day, Bursa Malaysia opened on a positive note but quickly succumbed to the pressures of Wall Street’s slump. At 9:08 am, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ had dipped by 0.60 points, or 0.03%, to 1,535.88 from Monday’s close of 1,536.48. The index had opened with optimism, climbing 5.66 points higher to 1,542.14 before reversing course.
B...

$MYEG (0138.BMS)$ cash is king. sell now buy later

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Bursa Malaysia mirrored the cautious sentiment in regional markets ahead of key US economic data releases. By lunchtime, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ had dropped 44.38 points, or 2.75%, to 1,566.67 from Friday’s close of 1,611.05.
Opening Bell and Market Movements:
• $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$: Opened 17.69 points lower at 1,593.36, its highest point today,...