UZMA Stock Forum

Good morning mooers! Here are things you need to know about today's market:
●U.S. Stocks Dip Before Tesla, Alphabet Releases Earnings
●Glove Sector Still Facing Tough Environment
●Stocks to watch: Well Chip, YTL Corp, IOI Properties
-moomoo News MY
Wall Street Summary
The major U.S. stock indices opened the day with gains but ultimately ended with slight decreases, as investors awaited big tech companies' fina...

Good morning mooers! Here are things you need to know about today's market:
●Nasdaq Falls from Record High as Investors Rotate Out of Big Tech Stocks
●Malaysia's Economic Growth Likely Picked Up in Q2 2024, Driven by Export-Oriented Industries
●Malaysia Undertakes Efforts to Strengthen Ringgit, Including Encouraging Foreign Direct Investments
●Stocks to watch: Nestcon, Johor Plantations, Toyo Ventures
-moomoo News MY
Wa...

Energy services firm Uzma Bhd (KL:UZMA) said on Friday it is working with two companies operating in Papua New Guinea to sell hydrocarbon fuel and products.
Uzma’s 51%-owned subsidiary, Jannatul Firdaus International Sdn Bhd, signed an expression of interest with refined petroleum products company Arafura Energies Ltd and services firm Australian Niugini Services (ANS) for the venture, the company said in an exchange filing.
"The hydrocarbon fuel s...

Good morning mooers! Here are things you need to know about today's market:
●Nasdaq Index Reaches Record High Amid Meme Stock Volatility
●LME Aluminum Stocks Highest Since 2021 Due to Inflows from Malaysia
●RHB Research unveils top 20 Malaysian small-cap 'jewels' for 2024
●Malaysia's Property Market on the Road to Recovery
●Stocks to watch: Uzma, Heineken
-moomoo News MY
Wall Street Summary
Nasdaq Index Reaches Re...

Good morning mooers! Here are things you need to know about today's market:
●Meme stock volatility sends indexes up, but market falls flat by close
●Malaysia and Qatar agree to enhance investment cooperation
●RHB Research Finds Small- and Mid-cap Stock Valuations Attractive Despite Q1 Rally
●Stocks to watch: Sime Darby Property, Dialog
-moomoo News MY
Wall Street Summary
On Monday, the market...

Good morning mooers! Here are things you need to know about today's market:
●Nvidia and Netflix Fuel Tech Stock Sell-Off, Nasdaq Falls 2.05%
●Palm Oil Prices Expected to Be Bearish Due to Weak Soybean Prices
●Bursa Malaysia Expected to Be in Consolidation Mode This Week
●Stocks to watch: Sime Darby Property, MISC
-moomoo News MY
Wall Street Summary
Nvidia and Netflix fueled a sell-off in tech ...

We upgrade our sector call to OVERWEIGHT from NEUTRAL. There was a significant improvement in the upstream services segment’s earnings delivery (against our expectations) in 4QCY23 sequentially, while that of the petrochemical and shipping segments only matches our expectations. With Brent crude prices expected to remain stable at USD84/bbl, we anticipate an increase in Petronas's upstream spending in 2024, aligning more closely with its RM60b a...