Market Wrap - 3Jul23
The FBM KLCI (+1.40%) gained momentum after last week's 2Q23 rebalancing activities; led by selected banking and plantation heavyweights.
Market breadth stayed positive with the gainers trounced losers by 513-to-342 stocks.
Overall, most of the sectors were traded higher, except for transportation and logistics sector,
falling marginally by 0.04% led by WPRTS (-1.0 sen), GDEX (-0.5 sen) and SYSCORP (-2.0 sen).
Top 3 Active stocks:
WIDAD (0162): RM0.42 (unch)
TWL (7079): RM0.035 (+0.5 sen)
BTM (7188): RM0.28 (+5.5 sen)
Value: RM1.50 bn (100-day avg val: RM1.95 bn)
Market Breadth: ⬆️513 ⬇️342
Crude palm oil: RM3,950 (+RM161)
Dow Futures: 34,604 pts (-39 pts)
Group Update - Daily Discussion- 03 July
What profit opportunities do you think will appear in the market in July?
（Please discuss it actively, RM50 will be awarded with the best answer）
This is an interesting topic, but needs to make me think about how to answer
Potential stock ECA recommended by Professor Tang
And the electrical and electronic industry
I think there will be many profit opportunities in July, if only take the Malaysian stock market as an example. For example, sustainable energy, technology, banking infrastructure construction, these must be covered in the social development of Malaysia.
But these may be long-term investments, not short-term gains
Bank deposit interest. This is considered a profit opportunity, right?
Haha, that doesn’t seem to be an investment type, but a deposit type
Market rebound, many industries will follow the rise
Technology stock would do good as well as those counter related to green energy.
I would say Yinson would be one of it - just my opinion ya.
Although Yinson is in the oil and gas industry, it has invested in renewable energy assets and technologies, and received sustainability-linked loans tied to environmental key performance indicators.
Green EV Charge Sdn Bhd (GEV), a joint venture company of green technologies solutions provider Yinson GreenTech (YGT), has signed a memorandum of understanding (MoU) with Plus Malaysia Berhad (PLUS). The MoU was signed between the two organisations to develop the first hyperpower DC fast charging hub in Malaysia.
The S&P 500 (. SPX) has posted a positive return in eight consecutive Julys, and the tech-heavy Nasdaq 100 index (. NDX) has climbed in July for 15 straight years.
Based on klse daily chart possibly maybe in sideway take energy then will rebounce
Forsee, some counter related to political party would rise too due to the coming elections.
Maybe can have a look too. Need to do own due diligence on which counter as there are quite some counters
The online sharing session on July 3 will start on time at 8:00 p.m.!
Professor Tang will announce the market profit opportunities in July in the online meeting tonight!*
If you haven't received the online meeting account number and quota, please PM me;
Don't miss the wonderful technical knowledge course!
#Boleh faham,,?
Ini info stock market.
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