ppl simply talk like they know the future.. plus there's no connection between stock market and economy. Economy can down to lowest, yet stock market can boom to the highest. Stock market is 70% Psychology. The one that move stock price is operator. News is just a media for them to move price easier
This is supposed to be a technology counter but somehow rumours say they want to sell covid test kits, thus venturing into healthcare. However, rumours again, MOH approval has yet to be obtained. What is the actual direction then?
Funny people... Now 8.5 u expect down to 1c, pn17?? They got money raising fund.. now they have disposed the loss making co.. try to venture to covid 19 test, forex platform, OTT platform..
NEW YORK, Aug 17 (Reuters) - Asian equities were poised to track Wall Street's tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing. Technology stocks continued their recent rally as investors see them as a firm beneficiary of coronavirus lockdowns, which have fueled demand for products and services that enable people to work from home. "We saw some strength in tech again with semiconductors driving the boat," said Thomas Hayes, chairman at Great Hill Capital. "We continue to see this push between growth and tech, between cyclical and value stocks. It's a back-and-forth thing." Australian S&P/ASX 200 futures YAPcm1 rose 0.52%, while Hong Kong's Hang Seng index futures HSI HSIc1 rose 0.56%. On Wall Street, Nvidia Corp NVDA was among the top boosts to the S&P 500 and Nasdaq for the day, surging 6.7% to a record high after analysts raised their price targets ahead of the chipmaker's quarterly results on Wednesday.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hck1981
507 posts
Posted by hck1981 > 2020-08-17 00:20 | Report Abuse
now overall market no good. Malaysia GDP down to lowest...Malaysia Sector economy down to lowest....