MUIPROP Stock Forum

KLCI retraced briefly back towards the 1648 points region with an overall mixed market sentiment as we still saw over 650 counters closing red for the day. Daily trading volume remained average around the 4 billion mark, which is decent.
Main stocks that showed strong buying momentum would be the likes of SINARAN, MUIPROP, BAHVEST, and 99SMART. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed...

MUI Properties Bhd is not a counter investors normally pay attention to. But the counter could be on their radar as it is showing signs of continued upward trajectory.
MUI Properties has been hovering at around 20 sen in the past year but saw a sudden surge of life end July 2024. It was in August that the counter touched a 52-week high of 48 sen. In the past year, MUI Properties has jumped 115%, having gone to a low of ...

Market Experiencing a Slowdown
The market has been slowing down after its strong rally since last Thursday, which was largely driven by the positive sentiment from the US rate cut.
Gloves and technology stocks were hit hard today as the MYR continues to strengthen, with the MYRUSD exchange rate briefly reaching RM 4.1 this morning. These sectors are heavily exposed to the US dollar, as much of their revenue is USD-based.
On a positive note, the consum...

Market Slowly Improving
We’re observing signs of improvement in the market, with the Market Momentum tracker turning positive over the past few trading days and the breakdown narrowing. Both short-term and mid-term trend indicators are showing signs of improvement.
However, the overall market remains in negative territory, as most indicators continue to show bearish signs. For example, only 37% of stocks are above their short-term trend, and the breakout are still outnum...