Agribusiness Sector
- 1090.132
- +1.747+0.16%
15min DelayMarket Closed Nov 20 16:59 CST
1091.530High1085.371Low
1088.949Open1088.384Pre Close7.69MVolume5Rise19.69P/E (Static)56.43MTurnover4Flatline0.10%Turnover Ratio119.43BMarket Cap2Fall46.81BFloat Cap
Bursa Malaysia ended the trading day in the red, with $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ falling by 0.26% to close at 1,598.18. The benchmark index faced selling pressure from heavyweights in $Bursa Utilities (0065I.MY)$, $Bursa Finance Services (0010I.MY)$, and $Bursa Consumer Products & Services (0001I.MY)$ sectors. Trading activity saw a total volume of 2.72 billion shares valued at RM2.44 billion, reflecting c...
With the ringgit weaker against the dollar, some sectors get a boost – especially export-oriented companies. 📈 Here’s a quick breakdown:
Focus on Export Stocks 🌏
Companies that export products (think tech and manufacturing sectors) earn in USD, so a strong dollar means bigger profits when they convert that money back...
Trump’s second presidency is expected to bring increased global market volatility. Chinese and Hong Kong markets may react negatively, which could lead foreign funds to shift towards ASEAN countries, with Malaysia emerging as a preferred destination. This shift is further supported by ASEAN’s neutral stance towards the US, making the region attractive for portfolio realignment.
Trump’s ...
pending breakout?
The MADANI Policy aims to rejuvenate Malaysia’s political, economic, and social systems by emphasizing sustainability, inclusiv...
$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ continued its downward trajectory, marking the second consecutive day of losses as cautious sentiment pervaded the market. The index closed at 1,621.24, reflecting a minor decrease of 0.13 points. Throughout the trading session, the market was marked by subdued investor sentiment, influenced by profit-taking activities and external economic pressures. This sent...
The plantation index has been the strongest performing sector recently, showing resilience and upward momentum.
Stock Pick:
From the plantation stocks, SOP (Sarawak Oil Palms) stands out. I’m waiting for a pullback to enter at an attractive price.
Current Price: RM 3.55
Trading Plan
Entry Area: RM 3.55 to RM 3.30
Plan to start accumulating if the price dips into this range, which aligns with a fair risk-reward setup.
Take Profit Area: RM 3.55 to RM 4.34
Th...
At midday, Bursa Malaysia showed resilience as the $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ managed to reclaim the critical 1,600-point level, despite an initial dip in the morning session. $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ settled just 0.27 points lower at 1,601.61, recovering nearly 13 points from its intraday low. This recovery was largely driven by bargain-hunting activities in blue-chi...
Bursa Malaysia opened to a weak start, driven by mounting concerns surrounding the upcoming U.S. presidential election. At midday, $FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ had slipped 5.18 points, closing at 1,609.9. The broader market reflected caution as well, with decliners outnumbering gainers 605 to 282, indicating apprehensive market sentiment. The potential implications of the U.S. election on Chi...
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