S&P 500 closes at a record, Dow jumps 450 points as stocks rally in the final minutes of trading

(PUBLISHED THU, MAR 25 20216:06 PM EDTUPDATED FRI, MAR 26 20214:31 PM EDT)

U.S. stocks climbed on Friday, finishing the volatile week on a high note as stocks benefiting from a successful economic reopening outperformed again.

The Dow Jones Industrial Average closed 453.40 points higher, or 1.4%, to 33,072.88. The blue-chip benchmark was up only 65 points earlier in the day. The S&P 500 rose 1.7% to 3,974.54, hitting a record closing high and bringing its 2021 gains to 5.8%. The Nasdaq Composite erased a 0.8% loss and ended the session 1.2% higher to 13,138.72.

All three major benchmarks rallied to their session highs into the close with the Dow jumping tacking on more than 150 points in the final 8 minutes of trading. It was broad-based late buying. Beaten-up tech like Apple rallied into the green in the final minutes. Banks, energy and materials were all big winners in the final minutes and on the day.

President Joe Biden on Thursday announced a new goal of having 200 million Covid vaccination shots being distributed within his first 100 days in office. As of Friday, 100 million coronavirus vaccinations had been given since Biden was inaugurated.

Financial stocks rose after the Federal Reserve announced that banks could resume buybacks and raise dividends starting at the end of June. The central bank originally said it would lift pandemic era restrictions in the first quarter, but even the delayed move gives investors more clarity. Shares of JPMorgan rose 1.7%, while Bank of America advanced 2.7%.

Fears of rising inflation eased after data showed tame price pressures. The core personal consumption expenditure price index, which strips out volatile food and energy prices, rose 0.1% month over month, matching expectations from economists polled by Dow Jones. Year over year, the gauge climbed 1.4%, slightly lower than a 1.5% estimate.

“Softer-than-expected PCE deflator data support the idea that Treasury yields will likely consolidate over the short-term,” said Edward Moya, senior market analyst at Oanda. “The lower the baseline for inflation, the easier markets can become convinced that the upcoming pricing pressure surge will be transitory.”

The 10-year U.S. Treasury yield came off its high following the inflation data, and inched back up throughout the day. The benchmark rate rose 6 basis points to 1.67%.

Meanwhile, consumer sentiment in the U.S. continued to rise amid the vaccine rollout. A University of Michigan survey released Friday showed the final reading of the index of consumer sentiment was 84.9 in March, up from 76.8 in February. Economists polled by Dow Jones expected a reading of 83.7.

The Dow and the S&P 500 posted modest gains for the week, up 1.4% and 1.6%, respectively. The Nasdaq fell 0.6% on the week, however. The market rally has slowed down in recent weeks as rising interest rates and valuation concerns hit tech names.

“The market has felt like more of a grind lately, and this may become more of the norm as we enter year two of the recovery,” said Larry Adam, chief investment officer at Raymond James. “These periods, like most, do not move in straight lines, as drawdowns will occur along the way. This is not troubling, but investors should expect some weakness and take advantage as it occurs.”


## https://www.cnbc.com/2021/03/25/stock-market-open-to-close-news.html

Yes...Keyman188 always joker...

Yes...Keyman188 always happy boombeebee...


Why!!!...You jealous Keyman188!!!....

Aiya.. simple lahhh...

Then follow lorrr...


wkwkwk...kekeke...hehehe...






Posted by godhand > Mar 25, 2021 8:44 PM | Report Abuse 

jokers all over this forum

Aiyo..now we know you got so good habits...

like to show off your penis to public...OMG...

be careful worrr...neglect need to punish summons yorrr...

kesian...kesian...

wkwkwk...kekeke...hehehe...





Posted by godhand > Mar 25, 2021 8:42 PM | Report Abuse 


bro ur as short sighted as my baby penis

Aiyo...nowadays different...

Retail market now already surpassed local & foreign institutions daily transactions...

Keyman188 can feel...can perceive...can see...

A lot of retail traders (not investors) still hoping all stocks purchased must limit up...limit up...

Or else always pertaining to 100% or 200% profit in the short period...

Nowadays majority retail traders always thinking one way..."Skim Cepat Kaya"...

Last word from Keyman188...who still can laugh until the end...time will tell your the truth...

MyNews Holdings sinks into the red in 1Q with RM8.94m net loss

(theedgemarkets.com / March 25, 2021 19:22 pm +08)


## https://www.theedgemarkets.com/article/mynews-holdings-sinks-red-1q-rm894m-net-loss


Lol...lucky Keyman188 sold all Mynews today...

Worse quarterly result since 2016 listed at Bursa Malaysia...

But anyway, longer term Keyman188 perceives very bright if C U store can performance...


CHEERS...



Posted by Keyman188 > Mar 25, 2021 4:01 PM | Report Abuse X

Keyman188 had sold all...

Already too high sight...

Switching to other potential growth...

MyNews Holdings sinks into the red in 1Q with RM8.94m net loss

(theedgemarkets.com / March 25, 2021 19:22 pm +08)


## https://www.theedgemarkets.com/article/mynews-holdings-sinks-red-1q-rm894m-net-loss


Lol...lucky Keyman188 sold all Mynews today...

Worse quarterly result since 2016 listed at Bursa Malaysia...

But anyway, longer term Keyman188 perceives very bright if C U store can performance...


CHEERS...



Posted by Keyman188 > Mar 25, 2021 4:08 PM | Report Abuse X

Haa...Fortunate today Keyman188 also manage to secure "Happy Meal" dinner...

Sold all Mynews to lock in profit 1st...

Too fast too high sight without correction even though C U convenient store is coming Malaysia...

Haa..right now Keyman188 slowly slowly collecting other potential penny stock...

Don't disclose 1st lahhh....if not "Operator" will know not let Keyman188 to collect "cheap cake" pricing...


wkwkwk...kekeke...

Keyman188 like Mynews because already partnership with C U store (Korean convenient store)...

But unfortunately latest result definitely will be not so nice because the C U store not yet fully installed...

2ndly recent few week unstoppable flying sky without proper correction...

Keyman188 has been monitoring this stock since last year from 0.900 ~ 0.950 all the way down to below 60 cents due to MCO time impact...

Definitely Keyman188 will collect back once the share price shall be normalized...

Keyman188 like Mynews because already partnership with C U store (Korean convenient store)...

But unfortunately latest result definitely will be not so nice because the C U store not yet fully installed...

2ndly recent few week unstoppable flying sky without proper correction...

Keyman188 has been monitoring this stock since last year from 0.900 ~ 0.950 all the way down to below 60 cents due to MCO time impact...

Definitely Keyman188 will collect back once the share price shall be normalized...

From average cost 0.595 towards 0.880...

already almost 48% handsome pocket money liao...


CHEERS...........






Posted by Keyman188 > Mar 25, 2021 4:08 PM | Report Abuse X

Haa...Fortunate today Keyman188 also manage to secure "Happy Meal" dinner...

Sold all Mynews to lock in profit 1st...

Too fast too high sight without correction even though C U convenient store is coming Malaysia...

Haa...Fortunate today Keyman188 also manage to secure "Happy Meal" dinner...

Sold all Mynews to lock in profit 1st...

Too fast too high sight without correction even though C U convenient store is coming Malaysia...

Keyman188 had sold all...

Already too high sight...

Switching to other potential growth...

Right now Keyman188 looking for potential growth penny stocks (max 5) assign into long term position since Keyman188 already managed to secure big cap & mid cap fund manager favourable stocks...

Keyman188 always more preferring "balancing & alignment" approach for the "Risk-weighted assets" management...


CHEERS..............

Keyman188 always willing to learn from professional or experts...

The latest tutorial is the constructive lesson we need to examine...

如何强化持股能力？最大化买对股票后的赚幅？！（上集） - 陈剑

符合这个条件的股票才真正值得你长期持有！(如何强化持股能力？下讲) - 陈剑

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-23-story-h1542956421.jsp

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-24-story-h1542961317.jsp

-------------------------------------------------------------------------------------------

What are the key points Keyman188 can learned from this tutorial :-

1) Using "bond investment cognition" to hold long term investment position

2) Using "dividend reinvestment plan" approach to increase long term shareholding

3) How to set the safety margin for long term investment position


-------------------------------------------------------------------------------------------

Let using Axiata share as an example...

Keyman188 holding cost average about 2.60++...

Keyman188 had received dividend received for the past 12 months (based on ex-date from Apr'20 ~ Mar'21)

24/03/21 - RM 0.05

28/09/20 - RM 0.02

Total dividend received = RM 0.070

Dividend yield = 2.67% per share

Capital appreciation growth = +40% (based on 24/03/21 closing price of RM 3.66)

Capital appreciation of investment also part of the investment return...

Furthermore, since Axiata part of the recovery stock with strong fundamental & growing company....

Recent share price also gradually on the recovery road...


-------------------------------------------------------------------------------------------


Is it the right time to start your million dollar dream ???...

Is it the right time to start your long term position instead of short term profit ???....


** The final decision is on your heart now

Keyman188 always willing to learn from professional or experts...

The latest tutorial is the constructive lesson we need to examine...

如何强化持股能力？最大化买对股票后的赚幅？！（上集） - 陈剑

符合这个条件的股票才真正值得你长期持有！(如何强化持股能力？下讲) - 陈剑

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-23-story-h1542956421.jsp

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-24-story-h1542961317.jsp

-------------------------------------------------------------------------------------------

What are the key points Keyman188 can learned from this tutorial :-

1) Using "bond investment cognition" to hold long term investment position

2) Using "dividend reinvestment plan" approach to increase long term shareholding

3) How to set the safety margin for long term investment position


-------------------------------------------------------------------------------------------

Let using HLFG share as an example...

Keyman188 holding cost average about 12.40++...

Keyman188 had received dividend received for the past 12 months (based on ex-date from Apr'20 ~ Mar'21)

12/03/21 - RM 0.1085

05/11/20 - RM 0.25

Total dividend received = RM 0.3585

Dividend yield = 2.88% per share

Capital appreciation growth = +38% (based on 24/03/21 closing price of RM 17.24)

Capital appreciation of investment also part of the investment return...

Furthermore, since HLFG part of the recovery stock with strong fundamental & growing company....

Recent share price also gradually on the recovery road...


-------------------------------------------------------------------------------------------


Is it the right time to start your million dollar dream ???...

Is it the right time to start your long term position instead of short term profit ???....


** The final decision is on your heart now

But Keyman188 still preferring diversification is the best choice at different sectors & segmentations...


CHEERS..............

Now you know why Keyman188 where is the safety margin ???...

Now you know dividend yield???...

In the market nothing is impossible...but not possible can reach back what Keyman188 started entry level at the moment...

No matter traders or investors already wake up & reliazed what was the mistake incurred last year during pandemic...


Cheers...



Posted by Sharefisher > Mar 25, 2021 8:38 AM | Report Abuse

Wau lau Keyman88.... Beautiful results from your genting investment.... Hold tight tight cannot be wrong..

Keyman188 always willing to learn from professional or experts...

The latest tutorial is the constructive lesson we need to examine...

如何强化持股能力？最大化买对股票后的赚幅？！（上集） - 陈剑

符合这个条件的股票才真正值得你长期持有！(如何强化持股能力？下讲) - 陈剑

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-23-story-h1542956421.jsp

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-24-story-h1542961317.jsp

-------------------------------------------------------------------------------------------

What are the key points Keyman188 can learned from this tutorial :-

1) Using "bond investment cognition" to hold long term investment position

2) Using "dividend reinvestment plan" approach to increase long term shareholding

3) How to set the safety margin for long term investment position


-------------------------------------------------------------------------------------------

Let using Tenaga share as an example...

Keyman188 holding cost average about 7.80++...

Keyman188 had received dividend received for the past 12 months (based on ex-date from Apr'20 ~ Mar'21)

30/03/21 - RM 0.58

29/09/20 - RM 0.22

Total dividend received = RM 0.80

Dividend yield = 10.20% per share

Capital appreciation growth = +37% (based on 24/03/21 closing price of RM 10.82)

Capital appreciation of investment also part of the investment return...

Furthermore, since Tenaga part of the recovery stock with strong fundamental & growing company....

Recent share price also gradually on the recovery road...


-------------------------------------------------------------------------------------------


Is it the right time to start your million dollar dream ???...

Is it the right time to start your long term position instead of short term profit ???....


** The final decision is on your heart now

Keyman188 always willing to learn from professional or experts...

The latest tutorial is the constructive lesson we need to examine...

如何强化持股能力？最大化买对股票后的赚幅？！（上集） - 陈剑

符合这个条件的股票才真正值得你长期持有！(如何强化持股能力？下讲) - 陈剑

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-23-story-h1542956421.jsp

https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-24-story-h1542961317.jsp


-------------------------------------------------------------------------------------------

What are the key points Keyman188 can learned from this tutorial :-

1) Using "bond investment cognition" to hold long term investment position

2) Using "dividend reinvestment plan" approach to increase long term shareholding

3) How to set the safety margin for long term investment position


-------------------------------------------------------------------------------------------

Let using Genting share as an example...

Keyman188 holding cost average about 3.30++...

Keyman188 had received dividend received for the past 12 months (based on ex-date from Apr'20 ~ Mar'21)

12/03/21 - RM 0.085

10/09/20 - RM 0.065

29/06/20 - RM 0.06

Total dividend received = RM 0.210

Dividend yield = 6.26% per share

Capital appreciation growth = +55% (based on 24/03/21 closing price of RM 5.19)

Capital appreciation of investment also part of the investment return...

Furthermore, since Genting part of the recovery stock with strong fundamental & growing company....

Recent share price also gradually on the recovery road...


-------------------------------------------------------------------------------------------


Is it the right time to start your million dollar dream ???...

Is it the right time to start your long term position instead of short term profit ???....


** The final decision is on your heart now

Why so worry market crash !!!...

You forgot last year US market had 3 times circuit breaker during March....

Why last year you didn't catch the "Mr.Right" falling knife...

Now you just realized did the big big mistake !!!...


wkwkwk...kekeke...hehehe...

Keyman188 not professional or experts...

Keyman188 always like to learn from professional....

Keyman188 once again to highlight...

Invest what you can understand...

Invest how much risk you can absorb & handle...


Cheers......

Aiyo...what is happening at the noon session !!!...

Suddenly overall market very silent mode...

Lol...Keyman188 bet in Supermax again today @4.14...

Last week bought @4.21...lari kuat kuat @4.36 last 2 days...

Haa..Not only you lahh...

Keyman188 que in Muhibah @ 0.980...0.970...0.960...0.950...early morning lehhh...

Haizzz...stop @ 0.990....





Posted by DestinyL > Mar 24, 2021 12:30 PM | Report Abuse

Aiyah today busy causing me to lose opportunity
I queue Padini 1 sen lower at 2.91 didn't catch it now already 3.05

GenM looks good at 3.10, only worry is the chunk of net short position of around RM11m worth

Haa...Keyman188 today hand itchy again...

Bet in Supermax @ 4.14 again today...

wkwkwk...kekeke...

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

Big Boy is coming back soon...

Turning point seen for Malaysia stocks as foreigners pile in

(March 24): Overseas investors have been pulling out of Malaysian equities for 20 straight months. March could mark the turn of the tide.

Foreigners have poured a net US$97 million into local stocks this month through March 22, while withdrawing a combined US$1 billion from four other Southeast Asian markets tracked by Bloomberg.

The inflows come as valuation of Malaysia’s main equity gauge is now the cheapest in the region while the dividend yield of 3% is the highest among major Asia Pacific indexes after Singapore.

Foreigners becoming net buyers would mark a rare event for a market that saw global funds pull a record US$5.7 billion last year. That’s as political upheaval combined with the Covid-19 outbreak to sour sentiment even as local investors turned Malaysian glove makers into one of Asia’s hottest pandemic trades.

“There’s a thematic play for Malaysia in a sense that it has underperformed,” said Geoffrey Ng, director at Fortress Capital Asset Management Sdn Bhd. “Part of why there was so much foreign selling earlier was because of political uncertainty, which is fading now.”

Malaysia in January declared a state of emergency to tackle surging coronavirus infections. That allowed Prime Minister Tan Sri Muhyiddin Yassin to suspend parliament until the emergency ends in August, amid calls for immediate snap polls from the ruling coalition’s largest party.

Muhyiddin has said he will hold an election as soon as the pandemic is brought under control. He came to power in March last year after securing a razor-thin majority following the abrupt resignation of his predecessor Tun Dr Mahathir Mohamad.

Monthly withdrawals
Foreign shareholdings in Malaysian companies stood at 20.4% at the end of February, near the lowest in more than a decade, according to CGS CIMB Research. Ending March with a positive number would snap the longest run of foreign monthly withdrawals since at least 2009.

The Bursa Malaysia KLCI Index, down more than 5% from a December peak, is up 1.1% in March, poised for its best month this year. Beaten-down bluechips like casino operator Genting Bhd, banks and utilities have led the gains as new Covid-19 infections slow and vaccines are rolled out.

Even so, Credit Suisse Group AG cut Malaysia to underweight from market weight. The bank downgraded developing stocks due to a stronger US dollar, slow rollout of vaccines in the region and political risks in some commodity-exporting markets.

“Its just one month of data so we have to see if this trend continues,” said Ng.


## https://www.theedgemarkets.com/article/turning-point-seen-malaysia-stocks-foreigners-pile

How come you know this person is old lady ???...






Posted by Stocksafeplayer > Mar 24, 2021 11:25 AM | Report Abuse

Why poor old lady @doraemonlxm read my postings? OMG!

doraemon poor old lady, Please do not read my postings can?

I do not bother to read old lady doraemon’s posts, so please don’t read mine la!! Tak malu kah?

Bear in mind...

Always invest what you can understand...

Always invest what risk you can absorb...

Not all human born can know everything...

Keep learning...

Once again...Keyman188 not professional or experts...

Unable advise you how to do...what to do...

Better obtain advise from your experts or professional bodies...

Seem like sound very goods...

Ok then Keyman188 waiting 10 cents dividend lahhh....If company really reward to shareholders...

Keyman188 doesn't know how to invest share...

Just buy buy buy only then....keep keep keep only...

Yes...Strongly advise "never trust Keyman188"...

wkwkwk...kekeke...


Keyman188 not professional or experts...


But always like to learn from professional lahhh....


Invest what you can understand...


But Keyman188 still holding @ 2.60++ until now to receive passive income from dividend lahhh...


Yes...Strongly advise "never trust Keyman188" for those short term traders or gamblers...


wkwkwk...kekeke...


如何强化持股能力？最大化买对股票后的赚幅？！（上集） - 陈剑


## https://klse.i3investor.com/blogs/kianweiaritcles/2021-03-23-story-h1542956421.jsp





Posted by profitgrow > Mar 24, 2021 10:49 AM | Report Abuse

never trust keyman188

Did you all saw how much volume @ 5.12 & 5.13 today???...

Keyman188 already highlighted to you all yesterday...

Immediate support @ 5.12 / 5.13...

Keyman188 already joined the party lorrr....

Why this so-hai @gemfinder follow Keyman188' quora...

@gemfinder...you are really street beggar good dog...


Wkwkwk...kekeke...hehehe...




Posted by Keyman188 > Mar 23, 2021 8:41 PM | Report Abuse X

Yes...Keyman188 always sorhae...

Hope you don't so much jealous...

wkwkwk...kekeke...

(Forgot to tell you this so-hai street beggar, Keyman188 already trapped a lot of different counters...DLady, Ajinomoto, HLFG, HLCap, Tenaga, Genting, Axiata, Padini, Ambank, Mynews, IJM, SPSetia, UEM Edgenta, Kerjaya, Parkson...etc...etc...)...


Hopefully this so-hai street beggar not always jealous so much Keyman188....


Kesian...kesian...







Posted by gemfinder > Mar 23, 2021 7:33 PM | Report Abuse

Sorhae keyman kena trap gao gao



## https://klse.i3investor.com/servlets/forum/800001101.jsp

Keyman188 buy buy buy sometime also ignore some counters....


Hopefully so-hai @gemfinder street beggar not so jealous Keyman188 lahhh....



wkwkwk...kekeke...




Posted by Keyman188 > Mar 23, 2021 8:41 PM | Report Abuse X

Yes...Keyman188 always sorhae...

Hope you don't so much jealous...

wkwkwk...kekeke...

(Forgot to tell you this so-hai street beggar, Keyman188 already trapped a lot of different counters...DLady, Ajinomoto, HLFG, HLCap, Tenaga, Genting, Axiata, Padini, Ambank, Mynews, IJM, SPSetia, UEM Edgenta, Kerjaya, Parkson...etc...etc...)...


Hopefully this so-hai street beggar not always jealous so much Keyman188....


Kesian...kesian...