2.71BMarket Cap32.56P/E (TTM)
3.850High3.700Low1.76MVolume3.700Open3.670Pre Close6.72MTurnover5.44952wk High0.35%Turnover Ratio711.32MShares3.42052wk Low0.117EPS TTM1.94BFloat Cap6.740Historical High30.48P/E (Static)507.96MShs Float0.008Historical Low0.125EPS LYR4.09%Amplitude0.02Dividend TTM3.73P/B100Lot Size0.52%Div YieldTTM
PENTA Stock Forum
A key driver this week is the sustained foreign inflows into Malaysian equities. The recent upgrade of Malaysia’s market outlook from “underweight” to “neutral” by JP Morgan and “overweight” by Nomura has fueled investor optimism, especially as the ringgit continues to strengthen. With the US poised to ease monetary policy, global liquidity c...
Why the mega drop?
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 $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ 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...
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