Here is a sector-wise breakdown of the top-performing stocks and themes from the Malaysian stock market (KLSE): 1. Banking & Finance • Top performers:$CIMB (1023.MY)$$AMBANK (1015.MY)$$HLBANK (5819.MY)$ • Reasons: Growth driven by economic recovery, higher foreign participation, and undervaluation of blue-chip stocks . 2. Construction • Top picks:$GAMUDA (5398.MY)$$IJM (3336.MY)$$SUNCON (5263.MY)$ • Catalysts: Major infrastructure projects such as the Bayan Le...
$TENAGA (5347.MY)$ "Public Investment Bank said excluding RM1.1 billion forex gain, TNB recorded a core net profit of RM445.5 million for 3Q FY2024, marking a significant decline of 48.4 per cent year-on-year and 65.6 per cent quarter-on-quarter." 👇🏻🔬🔬🔬 Analyse the numbers, then you will understand the reason of the MYR 1 drop from MYR 14 to MYR 13.02 before bulls come in to support. Disappointing earnings drag TNB shares down 4pc in early trade My gut feeling.....
C Meng : See when drop..