MAYBANK Stock Forum

$MAYBANK(1155.MY)$REUTERSbankersicid.copyrights reserve.17564345.996.55M.SYUKRI.84060308613361SERVER/<SAVINGS.CHARTS>

$MAYBANK(1155.MY)$ sale in My life thanks

$MAYBANK(1155.MY)$ ASB has disposed another almost 1.2 million shares in Maybank as of 18 July 2024

$MAYBANK(1155.MY)$ ASB which has direct interest of 31% in Maybank has disposed 7 million shares on 17 July 2024

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The $Dow Jones Industrial Average(.DJI.US)$ closed at a new record high of 40,211.72, gaining 0.5%. The $S&P 500 Index(.SPX.US)$ rose 0.3%, and the $Nasdaq Composite Index(.IXIC.US)$ increased by 0.4%. This rally was driven by investor optimism about potential rate cuts and positive earnings reports from major banks.
Key Drivers
1. Federal Reserve’s Stance on Inflation:
• Event: Fed Chairman Jerome Powell...

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Bursa Malaysia ended the week on a softer note, with the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$slipping 4.06 points to 1,619.06 due to profit-taking in $Bursa Technology(0005I.MY)$ and $Bursa Utilities(0065I.MY)$ sectors. Despite the decline, the index is still higher compared to last Friday’s close.
Major Financial Announcements
• US Interest Rate Cut Bets: Renewed expectations of a US Federal Rese...