MAGNA Stock Forum

Market Rebounds from Yesterday’s Weakness
The market rebounded today following yesterday’s weakness, with the Market Momentum Tracker climbing back close to positive territory.
The short-term trend has returned to a healthy level, with over 50% of stocks now holding above their short-term moving averages. However, both the medium- and long-term trends remain in a downward trajectory.
Additionally, the breakdown count still exceeds breakouts, indicatin...

The proposed joint development is expected to result in a pro forma loss for the group due to the reclassification of the development land from investment properties to inventories, leading to a proforma loss of RM197.83 million.

Good morning mooers! Here are things you need to know about today's market:
●Foreign investors sell net equities in Bursa Malaysia, snapping four-week streak of net inflows
●HSBC Global Research forecasts 4% rise in FBM KLCI on trade diversion theme
●Stocks to watch: Sunview Group
-moomoo News MY
Breaking News
Foreign Investors Sell Net Equities in Bursa Malaysia, Snapping Four-Week Streak of Net Infl...

Good morning mooers! Here are things you need to know about today's market:
●US stocks show minimal movement amid inflation signs and Q4 earnings cautions
●Palm oil futures on Bursa Malaysia predicted to trade higher due to seasonal output factors
●Stocks to watch: Ranhill Utilities
-moomoo News MY
Wall Street Summary
Last Friday, US stocks experienced minimal changes as investors assesse...

Good morning mooers! Here are things you need to know about today's market:
●All three major indexes dropped Friday to finish the week in the red
●Govt committed to enabling fractional share trading before year-end
●Malaysian palm oil board signs MOU with indian trade body
●Fadillah: Plantations Ministry to propose oil palm replanting grants to MOF
●474 local products, technologies worth over RM540m commercalise...