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Stock Picks Of The Day – Securemetric, KJTS
Securemetric is eyeing to stage a bullish breakout – testing the immediate resistance with high volume. RHB Retail Research (RHB) in a note today (July 22) said the stock charted a bullish candlestick and is poised to close above the MYR0.225 resistance. If a breakout happens, the renewed momentum may propel the counter towards MYR0.25, [...]
Bursa Malaysia KLCI Index Soars to Three-Year Peak, What's Next?
Among these constituent stocks, the top 10 performers have seen gains of over 19% this year, with Sunway leading the way with a 100% increase, followed closely by YTL Group with a gain of over 90%. In terms of sector performance, the construction sector is leading the way.
Malaysia Stocks Surge As AI Building Boom Fuels Longest Rally In 13 Years
Malaysian equities are on a tear led by builders and suppliers on the back of an AI-driven data centre boom, putting a long-overlooked market back on the radar of global investors. Malaysia's benchmark KLCI is hovering near three-and-a-half-year highs and up five quarters in a row, its longest streak in 13 years.
Malaysia Targets 5% Approved Investment Growth This Year
Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia is aiming for a 5% growth in approved investments in 2024.
Malaysia's AI Investments Ranks 44th While Singapore Leads ASEAN Countries At 3rd, Liew Tells Parliament
The Government is always proactive in attracting high-quality investments, including investments in Artificial Intelligence (AI) to enhance technological capacity development, thereby contributing towards establishing the country as a digital investment hub.
Should You Be Excited About KJTS Group Berhad's (KLSE:KJTS) 15% Return On Equity?
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