EFRAME Stock Forum

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...

In a move that marks a significant leap forward for Malaysia's aluminium sector, Econframe Berhad, a titan in the production of aluminium door frames for the residential market, has expanded its market dominance through a strategic acquisition.
January 2023 saw EFRAME acquiring a commanding 65.0% stake in Lee & Yong Aluminium Sdn. Bhd. (Lee & Yong), a distinguished manufacturer of aluminium window frames and provider of building fa...

Econframe's director Lim Chin Horng is optimistic about growth prospects after acquiring Lee & Yong Aluminium and planning to expand production. The acquisition of a 70% stake in ETA World is part of its growth strategy and is expected to enhance and diversify its bottom line.

KLCI closed red around the 1491 points region with an overall bearish market sentiment as we saw over 830 counters closing red along with it for the day. Daily trading volume remained around the 5 billion mark today.
Main stocks that showed strong buying momentum today would be the likes of MINETEC, MRCB, E&O, YTL, UEMS, and SIME. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.
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Good morning mooers! Here are things you need to know about today's market:
●Foreign investors sell net equities in Bursa Malaysia, snapping four-week streak of net inflows
●HSBC Global Research forecasts 4% rise in FBM KLCI on trade diversion theme
●Stocks to watch: Sunview Group
-moomoo News MY
Breaking News
Foreign Investors Sell Net Equities in Bursa Malaysia, Snapping Four-Week Streak of Net Infl...

KLCI had a good breakout back towards the 1495 points region with an overall mixed market sentiment as we had 470 counters closing red for the day. That said, our daily trading volume hit another new high today at 6.96 billion, which is a very good sign here.
Main stocks that showed strong buying momentum would be the likes of EKOVEST, IWCITY, FITTERS, YTLPOWR, RGB, YTL, SSF, DNONCE, SUNWAY, GOCEAN, and EMCC. All of which were able to sustain their rallies t...

KLCI retraced back towards the 1450 points region today with an overall negative market sentiment as we still had over 425 counters closing red along with it. Daily trading volume also remained around the 2.93 billion range, which is just average.
Main stocks that showed strong buying momentum would be the likes of MINETEC, SCABLE, CAREPLS, IWCITY, EKOVEST, UEMS, YEWLEE WA, HANDAL, and ZELAN. All of which were able to sustain their rallies throughout the ...