$MCEMENT (3794.MY)$KUALA LUMPUR (Nov 26): Malayan Cement Bhd (KL:MCEMENT), a unit of conglomerate YTL Corp Bhd (KL:YTL), saw its net profit rise 45% to a record high of RM139.44 million for the first quarter ended Sept 30, 2024 (1QFY2025) against RM96.10 million a year earlier, despite marginal revenue growth.
Market Continues to Improve with Bullish Momentum The KLSE market is showing continued improvement, gaining bullish momentum. The Short-Term Trend Strength has improved, with 55% of stocks now holding above the short-term trend. The Market Momentum Tracker has remained in positive territory for the second consecutive day, indicating that the market is sustaining its momentum from the previous day. For the first time since the end of July, we are obser...
1.$MCEMENT (3794.MY)$ 2.$AEON (6599.MY)$ 3.$THETA (9075.MY)$ 4.$GESHEN (7197.MY)$ 5.$ECONBHD (5253.MY)$ ‼️TAKE NOTE‼️ 🟡 Watchlist above is NOT buy sell call, but only a monitoring list based on Technical Analysis. 🟡 Trade with your own plan & risk and DO NOT buy in blindly, always set and execute your cut loss / take profit plan, or else market will make you pay for it 🟡 Market tends to be very volatile, do be responsible for your own trades! Disclaimer: Non-financia...
Follow Our Official Telegram Channel tynkrlab 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...
Join Our Telegram Channel tynkrlab Current Market Trends Bursa Malaysia closed higher, lifted by selected financial stocks, particularly Public Bank Bhd. The$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$increased by 3.40 points to close at 1,614.42. Despite this gain, the broader market saw more decliners (666) than gainers (529), indicating mixed sentiments. Key Sector Performances • Financial Services: The sector saw significant gains, with the...
Follow Our Telegram Channel tynkrlab Bursa Malaysia is likely to stage a rebound next week, buoyed by foreign fund inflows and positive market sentiment. The$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$closed at 1,611.02, marking a weekly gain of 20.93 points. This rise was driven by gains in key sectors such as financial services, energy, and plantations. Standout Performances: • Financial Services: The sector saw a significant boost, rising by 148.71...
MCEMENT Stock Forum
Next week is crucial.
If it survives, we have a Merry Christmas 🎄🎅
The KLSE market is showing continued improvement, gaining bullish momentum. The Short-Term Trend Strength has improved, with 55% of stocks now holding above the short-term trend.
The Market Momentum Tracker has remained in positive territory for the second consecutive day, indicating that the market is sustaining its momentum from the previous day.
For the first time since the end of July, we are obser...
2. $AEON (6599.MY)$
3. $THETA (9075.MY)$
4. $GESHEN (7197.MY)$
5. $ECONBHD (5253.MY)$
‼️TAKE NOTE‼️
🟡 Watchlist above is NOT buy sell call, but only a monitoring list based on Technical Analysis.
🟡 Trade with your own plan & risk and DO NOT buy in blindly, always set and execute your cut loss / take profit plan, or else market will make you pay for it
🟡 Market tends to be very volatile, do be responsible for your own trades!
Disclaimer:
Non-financia...
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...
Current Market Trends
Bursa Malaysia closed higher, lifted by selected financial stocks, particularly Public Bank Bhd. The $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ increased by 3.40 points to close at 1,614.42. Despite this gain, the broader market saw more decliners (666) than gainers (529), indicating mixed sentiments.
Key Sector Performances
• Financial Services: The sector saw significant gains, with the...
Bursa Malaysia is likely to stage a rebound next week, buoyed by foreign fund inflows and positive market sentiment. The $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ closed at 1,611.02, marking a weekly gain of 20.93 points. This rise was driven by gains in key sectors such as financial services, energy, and plantations.
Standout Performances:
• Financial Services: The sector saw a significant boost, rising by 148.71...
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