5.90BMarket Cap65.78P/E (TTM)
30.180High28.420Low764.20KVolume28.420Open28.000Pre Close22.57MTurnover41.02052wk High0.95%Turnover Ratio199.36MShares24.95752wk Low0.45EPS TTM2.39BFloat Cap49.832Historical High96.10P/E (Static)80.65MShs Float0.225Historical Low0.308EPS LYR6.29%Amplitude0.35Dividend TTM2.78P/B100Lot Size1.18%Div YieldTTM
MPI Stock Forum
It shows that the automotive field is still not performing that well. Moreover, the forex loss will further reduce their profit on the next quarter. The cost of time to hold tech stocks at this moment seems quite high. What do you guys think?
$INARI (0166.BMS)$
$Dow Jones Industrial Average (.DJI.US)$+1.59%
$S&P 500 Index (.SPX.US)$ 0.87%
$NASDAQ (200302)$ +0.25%
Analysist bets that the US Federal Reserve (Fed) will cut interest rates in September as the price index (CPI) was reported lower than the expectation
Event to watch: 16 July US retail sale US core retail sales, 17 July US Crude oil inventory, 18 July US Philadelphia Fed Man...
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...
Diesel Price Hike? No Biggie! Despite a whopping 55.8% rise in diesel prices, BNM keeps its cool with inflation forecasts unchanged. They've got it all figured out.🤣 🛢️⬆️➡️😌
Growth Optimism: Export-led recovery on the horizon, thanks to Malaysia's strong positi...
Current Market Trends
Bursa Malaysia closed higher, lifted by selected financial stocks, particularly Public Bank Bhd. The $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ 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...
The sector “has entered a new upcycle with a potential for valuation re-rating”, CIMB analyst Mohd Shanaz Noor Azam wrote in a report on Thursday. “We expect to see a stronger utilisation pick-up, especially from the second half of 2024 onwards.”
Accelera...
Since the end of last year when NVIDIA collaborated with YTL Power to establish a $4.3 billionAIdata center park, international investment in Malaysian data centers has significantly increased.
In early May, Microsoft announced a $2.2 billion investment in Malaysia's AI infrastructure and plans to purchase l...
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