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PERCUMA !
PERCUMA !
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Cepat2 daftar.
Untungnye join sesi nie sebab bukan je dpt refresh tentang market, yg lagi best sebab MULA nak share pasal pengurusan kewangan.
# BONUS ISTIMEWA #
=================
✅ Sesi personal coaching pengurusan kewangan 30min bersama professional pengurusan kewangan (MULA)
✅ Buku trading global market
Pendaftaran terhad kpd 45 org yg terawal sahaja.
Klik link utk mendaftar 👇🏻
https://forms.gle/Nn4Y3HW4pGFqiQ6Y8
PERCUMA !
PERCUMA !
Pendaftaran masih dibuka.
Cepat2 daftar.
Untungnye join sesi nie sebab bukan je dpt refresh tentang market, yg lagi best sebab MULA nak share pasal pengurusan kewangan.
# BONUS ISTIMEWA #
=================
✅ Sesi personal coaching pengurusan kewangan 30min bersama professional pengurusan kewangan (MULA)
✅ Buku trading global market
Pendaftaran terhad kpd 45 org yg terawal sahaja.
Klik link utk mendaftar 👇🏻
https://forms.gle/Nn4Y3HW4pGFqiQ6Y8
Forwarded from Amrina
REMINDER !
Kepada client yang dihormati,
Jangan lupa untuk hadir ke sesi Market Outlook Bursa & Global esok !✋🏻
Tarikh : 24/2/24 (Esok)
Masa : 9:30am - 12:30pm
Lokasi : M+ Wangsa Maju
https://maps.app.goo.gl/EdeSxy8LX9sCDZWi8
Jumpa nanti ✋🏻
Kepada client yang dihormati,
Jangan lupa untuk hadir ke sesi Market Outlook Bursa & Global esok !✋🏻
Tarikh : 24/2/24 (Esok)
Masa : 9:30am - 12:30pm
Lokasi : M+ Wangsa Maju
https://maps.app.goo.gl/EdeSxy8LX9sCDZWi8
Jumpa nanti ✋🏻
Forwarded from M+ On-The-Go
M+ Morning Market Buzz - 7Jan25
Dow Jones: 42,706.56 pts (-25.57pts, -0.06%)
⬆️ Resistance: 44000
⬇️ Support: 41400
FBM KLCI: 1,625.47 pts (-3.99pts, -0.24%)
⬆️ Resistance: 1680
⬇️ Support: 1600
HSI Index: 19,688.29 pts (-71.98pts, -0.36%)
⬆️ Resistance: 20600
⬇️ Support: 19200
Crude Palm Oil: RM4,338 (+RM1, +0.02%)
⬆️ Resistance: 4670
⬇️ Support: 4200
Brent Oil: $76.30 (-$0.21, -0.27%)
⬆️ Resistance: 79.10
⬇️ Support: 72.40
Gold: $2,636.47 (-$0.43, -0.02%)
⬆️ Resistance: 2720
⬇️ Support: 2560
Source: Bloomberg, M+
Dow Jones: 42,706.56 pts (-25.57pts, -0.06%)
⬆️ Resistance: 44000
⬇️ Support: 41400
FBM KLCI: 1,625.47 pts (-3.99pts, -0.24%)
⬆️ Resistance: 1680
⬇️ Support: 1600
HSI Index: 19,688.29 pts (-71.98pts, -0.36%)
⬆️ Resistance: 20600
⬇️ Support: 19200
Crude Palm Oil: RM4,338 (+RM1, +0.02%)
⬆️ Resistance: 4670
⬇️ Support: 4200
Brent Oil: $76.30 (-$0.21, -0.27%)
⬆️ Resistance: 79.10
⬇️ Support: 72.40
Gold: $2,636.47 (-$0.43, -0.02%)
⬆️ Resistance: 2720
⬇️ Support: 2560
Source: Bloomberg, M+
Forwarded from M+ On-The-Go
M+ Market update – 7Jan25
Spotlight On Johor-Related Stocks
The local front continued to retreat for the third consecutive day, with selling pressure observed across Petronas-related counters including PCHEM and PETDAG. In the US, S&P500 and NASDAQ extended their gains for the second day, with Nvidia hitting a record high ahead of CEO Jensen Huang’s speech. Meanwhile Foxconn’s strong quarterly revenue continued to fuel demand for tech stocks. Traders will also keep track on the US jobs report this Friday. In the commodities market, Brent crude oil is hovering around USD76, while the gold price traded sideways above USD2,600, and Bitcoin once again surpassing the USD100k mark. Meanwhile, the CPO prices are still trading below the RM4,400 mark.
Sector Focus: As the Malaysia-Singapore Leaders' Retreat enters its second day, the Prime Ministers of both countries are set to sign a joint agreement on the Johor-Singapore Special Economic Zone. Hence, traders can continue to look for opportunities within the Johor-related counters. Besides, as Penang’s LRT project set to commence this month, we believe the Construction sector stands to benefit. Lastly, the reports of new virus infections in China may lead to heightened sentiment and trading volatility in glove counters.
Stocks to watch:
Construction: BNASTRA, *IJM*, *SUNCON*
Technology: *NOTION*, *RAMSSOL*
Building Material: *SENDAI *
O&G: *ARMADA*
Healthcare: KOSSAN
Financial: OSK
Consumer: GCB
Source: M+
Spotlight On Johor-Related Stocks
The local front continued to retreat for the third consecutive day, with selling pressure observed across Petronas-related counters including PCHEM and PETDAG. In the US, S&P500 and NASDAQ extended their gains for the second day, with Nvidia hitting a record high ahead of CEO Jensen Huang’s speech. Meanwhile Foxconn’s strong quarterly revenue continued to fuel demand for tech stocks. Traders will also keep track on the US jobs report this Friday. In the commodities market, Brent crude oil is hovering around USD76, while the gold price traded sideways above USD2,600, and Bitcoin once again surpassing the USD100k mark. Meanwhile, the CPO prices are still trading below the RM4,400 mark.
Sector Focus: As the Malaysia-Singapore Leaders' Retreat enters its second day, the Prime Ministers of both countries are set to sign a joint agreement on the Johor-Singapore Special Economic Zone. Hence, traders can continue to look for opportunities within the Johor-related counters. Besides, as Penang’s LRT project set to commence this month, we believe the Construction sector stands to benefit. Lastly, the reports of new virus infections in China may lead to heightened sentiment and trading volatility in glove counters.
Stocks to watch:
Construction: BNASTRA, *IJM*, *SUNCON*
Technology: *NOTION*, *RAMSSOL*
Building Material: *SENDAI *
O&G: *ARMADA*
Healthcare: KOSSAN
Financial: OSK
Consumer: GCB
Source: M+
Glove stocks rally amid reports of new virus infections in China, MIDF shrugs off potential demand spike
https://theedgemalaysia.com/node/739919
https://theedgemalaysia.com/node/739919
The Edge Malaysia
Glove stocks rally amid reports of new virus infections in China, MIDF shrugs off potential demand spike
KUALA LUMPUR (Jan 6): Shares of glove manufacturers rallied on Monday in active trade amid reports of new virus infections in China, though authorities have downplayed the infections as seasonal winter peak.
Khazanah-EPF consortium gives MAHB shareholders seven more working days to accept takeover bid
https://theedgemalaysia.com/node/740013
https://theedgemalaysia.com/node/740013
The Edge Malaysia
Khazanah-EPF consortium gives MAHB shareholders seven more working days to accept takeover bid
Gateway Development Alliance (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB) (KL:AIRPORT), has extended the closing time and date for the acceptance of its takeover offer to 5pm on Jan 17, 2025, from 5pm on Jan 8, 2025,…
Forwarded from Trade With Maybank
NationGate Hits Record High of MYR3.03
NationGate Holdings (NATGATE) shares breached MYR3.00 level after two consecutive days of gains. The counter rose 9.5% yesterday and hit an intraday high of MYR3.03 as of the time of writing today.
As Nvidia’s original equipment maufacturer (OEM), NATGATE will begin shipments of its Nvidia H200 and B200 AI GPU servers in 1H25. Local analysts view NATGATE as a neutral OEM partmer for non-US hyperscalers relocating their supply chain in this region.
Based on Bloomberg data, NATGATE’s revenue and earnings per share (EPS) are projected to grow by 62.7% and 58.3% respectively in 2025.
Investors bullish on NATGATE may consider NATGATE-CD tracks NATGATE closely at a sensitivity of 2.1 ticks.
#DailyHighlights
NationGate Holdings (NATGATE) shares breached MYR3.00 level after two consecutive days of gains. The counter rose 9.5% yesterday and hit an intraday high of MYR3.03 as of the time of writing today.
As Nvidia’s original equipment maufacturer (OEM), NATGATE will begin shipments of its Nvidia H200 and B200 AI GPU servers in 1H25. Local analysts view NATGATE as a neutral OEM partmer for non-US hyperscalers relocating their supply chain in this region.
Based on Bloomberg data, NATGATE’s revenue and earnings per share (EPS) are projected to grow by 62.7% and 58.3% respectively in 2025.
Investors bullish on NATGATE may consider NATGATE-CD tracks NATGATE closely at a sensitivity of 2.1 ticks.
#DailyHighlights
Singapore, Malaysia ink deal creating new vast economic zone
https://theedgemalaysia.com/node/740064
https://theedgemalaysia.com/node/740064
The Edge Malaysia
Singapore, Malaysia ink deal creating new vast economic zone
The leaders of Malaysia and Singapore formalised an agreement establishing a special economic zone linking their two nations’ border region, with the aim of attracting 50 projects in the first five years of its establishment.
HSR can be revived, but only with major private sector participation, says PM
https://www.thestar.com.my/news/nation/2025/01/07/hsr-can-be-revived-but-only-with-major-private-sector-participation-says-pm
https://www.thestar.com.my/news/nation/2025/01/07/hsr-can-be-revived-but-only-with-major-private-sector-participation-says-pm
The Star
HSR can be revived, but only with major private sector participation, says PM
PUTRAJAYA: The Kuala Lumpur-Singapore High-Speed Rail (HSR) project can only be revived if there is full participation from the private sector in the project, as the government has other pending issues to focus on now, says Datuk Seri Anwar Ibrahim.
Forwarded from Trade With Maybank
Bursa Malaysia Midday Recap: AI Themes Dominates
The FBM KLCI rebounded back above the 1,630 handle today, supported by some data centre related blue chips. Although the broad market slightly sided with the bears, interest perked up within AI related narratives, potentially due to NVIDIA’s keynote at the ongoing CES 2025 event in the US. In construction there were gains in GAMUDA and SUNCON (data centers); and D&O, PIE and NATGATE (EMS) in Tech/Industrials. Financials saw some decently strong trade value as well today.
Investors looking to diversify away from the AI hype today may want to consider trade alternatives like WASCO (Estimated Resistance: MYR 1.36; Stop Loss: MYR 1.04) from the energy sector. The stock was highlighted in our Traders’ Almanac post today as the stock has staged a bullish reversal breakout. For a detailed breakdown, check out our latest video above.
Trade Your Way Forward. Simple, Smart and Seamlessly
#Middayrecap
The FBM KLCI rebounded back above the 1,630 handle today, supported by some data centre related blue chips. Although the broad market slightly sided with the bears, interest perked up within AI related narratives, potentially due to NVIDIA’s keynote at the ongoing CES 2025 event in the US. In construction there were gains in GAMUDA and SUNCON (data centers); and D&O, PIE and NATGATE (EMS) in Tech/Industrials. Financials saw some decently strong trade value as well today.
Investors looking to diversify away from the AI hype today may want to consider trade alternatives like WASCO (Estimated Resistance: MYR 1.36; Stop Loss: MYR 1.04) from the energy sector. The stock was highlighted in our Traders’ Almanac post today as the stock has staged a bullish reversal breakout. For a detailed breakdown, check out our latest video above.
Trade Your Way Forward. Simple, Smart and Seamlessly
#Middayrecap
Forwarded from M+ On-The-Go
M+ Market Wrap - 7Jan25
FBM KLCI: 1,629.79 pts (+4.32pts, +0.27%)
After losing for three consecutive days, the FBMKLCI (+0.27%) rebounded and closed higher at 1,629.79 pts, driven by buying support into key heavyweights like GAMUDA (+34.0 sen) and SDG (+13.0 sen). However, the market breadth was negative, with 614 losers against 490 winners. In the broader market, the Construction (+3.53%) sector gained the most, as the kickoff of the Penang LRT project drove optimism in construction counters. Meanwhile, the Health Care (-2.09%) sector experienced the largest decline.
Top 3 Active stocks:
VELOCITY (7165): RM0.080 (unch)
GAMUDA (5398): RM5.200 (+34.0 sen)
TOPGLOV (7113): RM1.320 (-4.0 sen)
Volume: 3.91 bn (100-bar avg vol: 3.04 bn)
Value: RM3.30 bn (100-bar avg val: RM2.84 bn)
Market Breadth: ⬆️490 ⬇️614
Crude palm oil: RM4,345 (+RM7)
Dow Futures: 43,015 pts (+33 pts)
**Source: Bloomberg, M+**
FBM KLCI: 1,629.79 pts (+4.32pts, +0.27%)
After losing for three consecutive days, the FBMKLCI (+0.27%) rebounded and closed higher at 1,629.79 pts, driven by buying support into key heavyweights like GAMUDA (+34.0 sen) and SDG (+13.0 sen). However, the market breadth was negative, with 614 losers against 490 winners. In the broader market, the Construction (+3.53%) sector gained the most, as the kickoff of the Penang LRT project drove optimism in construction counters. Meanwhile, the Health Care (-2.09%) sector experienced the largest decline.
Top 3 Active stocks:
VELOCITY (7165): RM0.080 (unch)
GAMUDA (5398): RM5.200 (+34.0 sen)
TOPGLOV (7113): RM1.320 (-4.0 sen)
Volume: 3.91 bn (100-bar avg vol: 3.04 bn)
Value: RM3.30 bn (100-bar avg val: RM2.84 bn)
Market Breadth: ⬆️490 ⬇️614
Crude palm oil: RM4,345 (+RM7)
Dow Futures: 43,015 pts (+33 pts)
**Source: Bloomberg, M+**
