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Malaysian stocks extend sharp decline, on course for worst day in over a year

savemalaysia
Publish date: Mon, 05 Aug 2024, 11:20 AM

KUALA LUMPUR (Aug 5): Malaysian stocks extended their sharp decline on Monday with the country’s benchmark index on course for its worst day in more than one year, as Asian stocks continued to tumble on fears over health of the US economy.

The FBM KLCI was down 33.38 points, or 2.1%, to 1577.67 as at 9.15am. YTL Corporation Bhd (KL:YTL) fell 8.9% to RM3.25, leading losses among all 30 component stocks. In the broader market, more than 1,000 stocks were in the red in active trade.

 

https://www.theedgemarkets.com/node/721637

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calvintaneng

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-07-12-story-h-157019176-WHOLE_WORLD_PALM_OIL_IN_BULL_RUN_WHEN_WILL_MALAYSIA_RESEARCH_HOUSES_UPG


Cpo over Rm3800 to Rm4200

cost of Cpo production Rm2000

gross profit 80% to 90%

whole world Palm oil up

only in Malaysia down due to IB banks in cahoot with media suppress

on the other hand others with little or not much earning hot stocks are pushed up by IB banks to trap unwary gamblers

like this

the entire place is filled with man made artificial lighting

one palm oil like little candles with true 🔥

but palm oil light is eclipsed by fake shining artificial light

now all these artificial light will be extinguished by market implosion and collapse


after all artificial light of pump up rubbish stock no more

then they will see Palm oil shine and shine

like little candles in a dark night shining brightly


so after everything collapsed

only then they will see

palm oil

got real solid earnings

real solid balance sheet

real solid dividends

by then all holding palm oil will be

happy happy happy 😊😊😊😁😁😁

50 minutes ago

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