PUBLIC BANK BHD

KLSE (MYR): PBBANK (1295)

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Last Price

4.59

Today's Change

-0.08 (1.71%)

Day's Change

4.57 - 4.66

Trading Volume

15,460,300


20 people like this.

15,491 comment(s). Last comment by lawkaw 1 day ago

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 07:23 | Report Abuse

@apple168 Please don't just use the figures, include the facts. Dow down 630 to below 30000 is a good sign for a stronger rebound on Monday.

Posted by appleping > 2021-01-30 07:26 | Report Abuse

When the shares will be deposited?

mlike

1,022 posts

Posted by mlike > 2021-01-30 07:35 | Report Abuse

I’m worry about 6 month installment automatic suspend again...

Posted by ProsperousRealm > 2021-01-30 07:55 | Report Abuse

Oh dear

Posted by ProsperousRealm > 2021-01-30 07:56 | Report Abuse

Habis la ini macam

Posted by ProsperousRealm > 2021-01-30 07:56 | Report Abuse

Useless la basically klu ini macam punya vaccine

Posted by ProsperousRealm > 2021-01-30 07:57 | Report Abuse

Haiyyaahhh

Posted by ProsperousRealm > 2021-01-30 07:57 | Report Abuse

What la

Posted by ProsperousRealm > 2021-01-30 07:57 | Report Abuse

Apa daah

AlfI3

1,283 posts

Posted by AlfI3 > 2021-01-30 08:24 | Report Abuse

Pbb prc shall b stabilised soon after d bonus shares listing. Will await & buy more. Hope it cud clear up all those sellers

apple168

6,236 posts

Posted by apple168 > 2021-01-30 08:25 | Report Abuse

我是发菩提心,对小投资者做风险提醒:

1. Dow Jones future 和 KLSE in bearish trend!

2. 科技龙头的漂亮财无法推高股价,比如apple财报公布后跌最多,收入盈利都创新高,可是股价却向南跌,跌跌不休。

3. Malaysia COVID-19 疫情每况愈下,屡创新高,不久的将来、COVID-19 就在你左右,当你的家人因COVID-19往生,政府还不承认错误,加强MCO,赢了股票,坐满一车车的金银珠宝,输掉自己的家人,你还会开心吗?要知道亡者没得净身,没得穿上喜爱华丽的服装,要以最快的速度将遗体入棺,直接封棺,之后就直接送去火化或下葬,连送最后一程,也只能两三个亲人,因为处于高风险,是不允许太多人送最后一程。况且每个家庭成员都必须去检验,有些还在隔离着。我相信这些种种凄凉和悲哀的过程,我们都不想遇到这样的死亡吧!所以在此提醒大家,COVID-19 真的不是开玩笑的,不要以为不会发生在自己的身上,为了自己、家人、亲友们的安全和健康,没必要真的少出门,千万要记得带好口罩、勤洗手、保持社交距离真的很重要,别再赌股票,赌运气,收割下雨财为上,阿弥陀佛,我们离股灾已不远了。

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 09:01 | Report Abuse

https://www.bbc.com/news/uk-55850352

NOVAVAX vaccine shows 89% efficacy in trials.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-30 09:51 |

Post removed.Why?

adam1314

40 posts

Posted by adam1314 > 2021-01-30 10:01 | Report Abuse

Why those ppl nonsense kept wasted time to save ppl from PBB? PBB is not ‘Goreng’ counter la pls.... you better put more effort at another Goreng counter to save innocent newbies... cheers... uncle n long term investor always steady Bom Bi Bi....

choysun

4,375 posts

Posted by choysun > 2021-01-30 10:25 | Report Abuse

Shorties trolling :p

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 10:25 | Report Abuse

Because they love pbb, hoping to buy cheap cheap. They know pbb is very valuable and priceless!! But waiting to buy cheap cheap coz not enough funds LOL

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 10:27 | Report Abuse

They are in mbb forum too.

Slc1

855 posts

Posted by Slc1 > 2021-01-30 10:32 | Report Abuse

Didn't know PBB also got a lot of haters. I think i3 is the largest cluster.

Amazonboy

788 posts

Posted by Amazonboy > 2021-01-30 10:39 | Report Abuse

PB highest RSS, all naysayers are on IB payroll hoping to help their boss buy cheap tickets. LOL

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 10:54 | Report Abuse

全球投资者再一次见证历史。

最近的美股市场,散户们通过使用期权和抱团,“热血式炒股”震动华尔街。他们将一只行将退市的股票GME(游戏驿站)从3美元一路拉到超过400美元,痛打对冲基金,引得多家美国投资机构发出警告。

28日美股交易时段,GME股价一度涨至483美元的历史新高,随后经历17次熔断,最终收跌超过40%。热门互联网券商们一度宣布限制相关“妖股”交易,并提高保证金要求。这时,开不了股票仓位的美股散户继续疯狂撒钱,更将“炮火”对准现货白银……

证券时报记者发现,也有中国投资者参与这一史上罕见的散户抱团事件。在一个港股美股的打新群里,GME的话题刷屏,甚至有人用美股的模拟盘交易,轮番上演做多做空GME的账户秀。其他社群里也充斥着买入GME爆赚1000万港元,一觉醒来没平仓,却倒欠券商6000万港元的真实案例。

虽然一些券商已恢复对GME等股票的交易,但散户们究竟怎么破局?华尔街机构又将如何反击?谁会取得所谓的“胜利”?对此,证券时报记者采访了几位亲身经历此次事件的美股投资者。

在隔离酒店爆炒GME

在美股散户抱团大战机构之时,散户集中地WallStreetsBets(WSB)论坛的一名用户发布一封公开信,斥责部分华尔街机构在2008年金融危机中给上百万普通民众制造莫大的苦难,却反而得到救助,如今又公然非法做空游戏驿站这样的股票,没有从危机中吸取丝毫教训。现在,散户就是在把握难得机会惩罚这些机构。

在上海的隔离酒店中,一家香港投资公司的总经理俞于也参与了GME的交易,不过他并不是用机构的资金,而是纯个人参与。俞于告诉证券时报记者,在香港虽然有很多对冲基金,但行业里并没有那么疯狂。“这种机构很难参与,除非一早就买进去的,不然GME的估值根本过不了专业机构的风控,大资金买进去,怕风头过了,流动性都不够减仓。”

俞于之所以会关注到GME,是因为自己平时就有做美股投资,所以在27日通过盈透证券350美元卖出,28日155美元实现平仓的,持仓一天实现了60%的收益。当时,他预判要支持GME股票持续上涨,需要一直有全球范围内的新闻曝光才能吸引更多资金进来,但这显然是不可持续的,长期股票价值还是要回归正常,所以决定花很小一点仓位做空。

“本来我想持有一周以上,我预计要到周五才开始跌,周五有大量GME的期权到期,很多对冲基金就不需要再买入回补自己的空头仓位了。但28日晚跌得挺厉害,而后面的情况暂时无法预计,算了一下利润的情况下就平掉了。”他告诉记者。

我不认为散户会取得胜利

苏奇两年前从美国哥伦比亚大学毕业回国,现在任职深圳某大型投资机构。他对证券时报记者表示,他也使用了个人资金参与此次散户与机构的“大事件”,即使他并不认为散户最终会取得胜利。

苏奇对游戏驿站公司做过分析,认为公司本身的经营属于正常水平,这类公司在美股市场上很常见,此前公司股价长期在10美元左右徘徊,但在股价涨到20美元后,就有投资机构开始做空公司股票,但也并没有脱离正常的投资范畴。

他说,随着WallStreetsBets的意见领袖不断宣扬,以及更多个人投资者的加入,投资者情绪开始高涨,公司股价目前已被投资者情绪主导。不过,苏奇也认为,此次散户和机构之战,更深层次的原因是美国前总统特朗普在其任内对规则的挑战和对传统的蔑视,并且开始在资本市场产生影响。“个人投资者开始厌倦了由大型投资机构决定一家公司的价值和命运。在某个股票对投资机构进行阻击,即使不能完全改变市场的生态,也能让这部分投资者获得满足感。”

苏奇还认为,美国大型科技股股价的大幅上涨,以及国内A股机构抱团的现象,都是由机构主导。不过,这些公司的价格并不能用传统估值模型来解释,更多的是机构利用资金优势在决定公司的股价。因此,此次散户大战机构是个人投资者“利用魔法打败魔法”。不仅华尔街的投资机构,国内的投资机构也应该反省,当前仅仅依靠资金的优势来决定公司的价值能否长期持续下去。

摩根大通等投行指出,GME现象并非孤例,这些散户投资者可能进一步复制这一模式,让更多类似股票出现大幅波动。俞于也认为,类似现象肯定还会发生,在美国散户抱团快发展成为一项运动。只要美国继续放水,类似的造富运动肯定还会继续发生,比如美股、比特币,甚至名牌包和手表、球鞋等有流量的资产其实过去一年的价格都涨了不少,加上互联网平台的传播,比如这次散户大本营的Discord和Reddit都是在美国年轻人里面很火的网站,更加剧了炒作的价值。

交银国际董事总经理、研究部负责人洪灏日前也发微博表示,GME股价暴涨未必是投机的结果,其估值本就过低。暴涨前该公司账上有足够现金买下整个公司的市值,同时做空比例却占了股票数的一半。只要公司出任何盈利惊喜,就注定会出现轧空。摩根士丹利首席执行官James Gorman认为,散户抱团轧空是个“短期现象”,“不会持久”。

给美股市场带来深刻影响

大戏仍在继续,散户和机构都没有“服输”。

在美国生活的新移民Kevin坦言,比起赚多少钱而言,他更多地将这次散户抱团事件称为带有“行为主义”色彩的美式运动,其背后也反映出美国社会的深层次矛盾。

随着互联网传播加强,除了美股市场的GME、AMC,美股散户迅速转战新标的,周四直接推升了白银、币圈狗狗币等市场的价格,澳大利亚也有类似的抱团现象出现。

事实上,美国资本市场中,机构占据绝对主导地位,散户在整个市场的占比仅约三四成,此次散户入市的资金来源和疫情息息相关。由于美国失业率节节攀升,美国中低收入民众收获不菲的现金补助。2020年4月,美国政府向每位民众发了1200美元补贴,12月,又表示要追加每人2000美元。随着拜登的上台,还颁布了1.9万亿美元的经济援助法案。

“其实对于很多美国居民来说,政府的补贴是一笔意外之财,很多人都拿去投入股市,这次有号召力的那两个论坛里面的很多都是年轻人,他们在2008年金融危机发生的时候年纪还很小,可能也就是中学生,也会因此经历一些家庭的变故,比如失去房产、家庭负债、父母失业等等。”Kevin说,“现在这拨年轻人都长大了,二三十岁开始第一次进入股市,他们想要通过这种表达方式来对抗华尔街,在意见领袖的号召下,用抱团的行为向金融市场一些不公平的事情表达不满。”

无论谁是谁非,此次散户与机构的大战或许会给美股市场带来更深层次的影响。

美股分析师TOM告诉记者,由于散户买入巨量的看涨期权,被做空股票的价格大涨,做空股票的对冲基金在撑不到市场回归理性前被迫缴械投降,关闭空头头寸。同时,对冲基金不得不开始卖出其他股票持仓,或者期货对冲头寸,并减少整体敞口。市场数据显示,对冲基金正在以六年多来最快的速度削减股票敞口。根据高盛汇总的数据,基金经理在此前四天内,从市场撤出的资金总额达到2014年10月以来的最高水平。此外,危机之下大量机构资金疯狂买入美债避险。

在他看来,这一切都是美股流动性危险的信号。(应受访投资者要求,文中所用名称均为化名。)

行情火热!两市成交额接连破万亿!速去东方财富APP布局新机会>>

文章来源:证券时报
文章作者:李明珠 吴家明 陈霞昌

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-30 10:54 | Report Abuse

We are not their targets... They are trying to recruit short term traders to support their operations.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 10:58 | Report Abuse

Many new pbb supporters this week according to my agent. Age group 30-40.

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-30 11:17 | Report Abuse

Government gave money for people to goreng share..... What a joke? Haha ha... Anyway, I tell you the money will ended up in the rich people pockets. A lot of people just don't know how to handle their money.

stevee

168 posts

Posted by stevee > 2021-01-30 12:10 | Report Abuse

Epf pressing down prices with shortees to buy back cheap shares. Dont be conned by them

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 12:35 | Report Abuse

https://www.orientaldaily.com.my/news/nation/2021/01/30/389966

IMF forecasts 2021 GDP to stand at 7%.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-30 12:44 | Report Abuse

(吉隆坡30日讯)财政部长东姑扎夫鲁指出,国际货币基金组织(IMF)预测,大马在2021年的国内生产总值(GDP)增长达7%,排名全球第三,仅次于印度(11.5%)和中国(8.1%)。

东姑扎夫鲁今日在面子书贴文写道,根据国际货币基金组织,该组织是基于一些因素,包括国内外的需求,以及我国即将在3月开展疫苗接种计划,而做出此预测。

他促请到家努力压平新冠肺炎病毒曲线,以实现该预测,并遵守卫生部所制定的标准作业程序(SOP)。

“希望我们能够收获用劳动换取的结果。”

1invest1

1,467 posts

Posted by 1invest1 > 2021-01-30 12:55 | Report Abuse

Great comments fr PBB supporter,

gohkimhock your money are safe with Public Bank
Adam 1314 Why those ppl nonsense kept wasted time to save ppl from PBB? PBB is not ‘Goreng’ counter la pls.... you better put more effort at another Goreng counter to save innocent newbies... cheers... uncle n long term investor always steady Bom Bi Bi....

Please reader PBB shareholders comments.
If you buy PBB, you are part of the big PBB family and community of investors.
We share, inform, and learn from one another.

Anti-PBB people come to disturb, disrupt, and destroy PBB.
You can expect them to tear PBB to pieces, shreads, zero.

PBB rose fr zero to hero.
Now, these anti-PBB people come here to bring PBB down to zero.

So, PBB supporters, shareholders, and stakeholders,
stand together, support one another, strengthen one another.

Keep PBB shares, keep PBB shares, keep PBB shares.
Don't listen to rumors and all the trash out there.

Remember, why would they come to this PBB forum, and tear and take down PBB ?
Good or bad agendas, motives, intentions, goals, objectives, purposes, and plan ?

1invest1

1,467 posts

Posted by 1invest1 > 2021-01-30 13:03 | Report Abuse

PBB is a great company and share.
PBB is a buy and keep share for investment that offers long term capital/price appreciation and dividend collection.
Prosper with PBB over time, not for 1 mth but 3 - 6+ mths to gain traction.

1invest1

1,467 posts

Posted by 1invest1 > 2021-01-30 13:18 | Report Abuse

Please read carefully.
A lot of rubbish sh.., and trash comments out there.
For safety, soundness, and sureness -

Read, read, read comments fr
REAL PUBLIC BANK BHD SUPPORTERS, SHAREHOLDERS , & STAKEHOLDERS.

AllYouCanBuy,
Sharefisher,
Supersinginvestor

choysun, Amazonboy, etc.

They share their knowldge, skills, and wisdom for free with no ulterior agendas and motives !
Why ?
Because along the way they learn from others and others also help them to learn about share mkt
So, now they are giving back what they have received.

MYinvestor

231 posts

Posted by MYinvestor > 2021-01-30 14:12 | Report Abuse

will PBB rebound on Tuesday?

SIQ555

174 posts

Posted by SIQ555 > 2021-01-30 15:04 | Report Abuse

PBB is a great counter... preferably you can hold, at least, another 6 months. As mentioned before...this is not a Goreng stock.

Amazonboy

788 posts

Posted by Amazonboy > 2021-01-30 15:15 | Report Abuse

Until there is a clear announcement on whether the mco will be extended, there is still uncertainty

stevee

168 posts

Posted by stevee > 2021-01-30 18:27 | Report Abuse

I wonder Bursabet will do to the shortees in PBB as they did in gloves shares. Serve the shortees right .They deserve to learn a lesson.

MYinvestor

231 posts

Posted by MYinvestor > 2021-01-30 20:33 | Report Abuse

any group has been created for PBB that is similar like glove one?

Posted by loneranger3211 > 2021-01-30 20:50 | Report Abuse

PBB is my favorite stock, no doubt I invested in other potential shares as well but I am not a speculator. Everyone deserves for investment freedom, we don’t attack or influence others.

ICONS23

66 posts

Posted by ICONS23 > 2021-01-30 21:47 | Report Abuse

Billionaire Elon Musk has called out short-sellers who have bet against his company Tesla.
On Twitter Musk wrote, "u can't sell houses u don't own u can't sell cars u don't own but u *can* sell stock u dont own? this is bs -- shorting is a scam..."

SHQuah

5,363 posts

Posted by SHQuah > 2021-01-30 22:33 | Report Abuse

Let us form a strong Public Bank Robinhood team, kill all the short sellers. They sell, we buy. The more they sell, the more we buy until they all go bankrupt. We can do it. Malaysia boleh, Public bank boleh.

Amazonboy

788 posts

Posted by Amazonboy > 2021-01-30 23:04 | Report Abuse

Short selling is legal. It only gets scary when shareholders get scared n start panic selling

Sharefisher

5,470 posts

Posted by Sharefisher > 2021-01-30 23:18 | Report Abuse

Pbb difficult to short.. Just because now more share floating around... Once this floating shares fall into long term investors hands. Pbb will be more steady. Don't worry. Pbb always got buyers waiting to collect.

LoliPap

53 posts

Posted by LoliPap > 2021-01-31 02:30 | Report Abuse

KUALA LUMPUR (Jan 14): The rubber glove manufacturers saw declines in their share prices today after another bearish report from JP Morgan on the average selling price of rubber gloves going forward, as demand is expected to peak.
In a recent note, JP Morgan said gloves are “not needed” while administering vaccinations and that demand for gloves will continue to ease, contrasting with the consensus expectation that demand for disposable gloves will not shrink as sharply.


JP Morgan, which initiated coverage on the Malaysian rubber glove sector with “sell” calls in December, cited the Centers for Disease Control and Prevention of the US, the National Health Service of the UK and the British Columbia Centre for Disease Control of Canada in saying that gloves are not required while carrying out vaccination.
The American bank also stressed that glove prices may have peaked as testing efforts have started to plateau in most countries, especially developed ones. The bank pointed out that the current strong demand was due mainly to high testing activities globally.
The anticipated slower demand, it said, implies limited upside to the average selling prices of rubber gloves.


(attention to alll the newbie.. read more news)
glove market will never go high like last year again.. it will gradually fall to where it started .. first batch vacicine is coming at the end of feb..

apple168

6,236 posts

Posted by apple168 > 2021-01-31 08:16 | Report Abuse

让我们承认抗疫已经失败……
作者 :郑丁贤

── 5725这个数字出现,人民吓呆,惊慌失措,感觉灾难临头。

只是,财政部长赛夫鲁说:“情况再糟,也不会全面封锁。”

然而,不封锁又怎样?坐以待毙吗?

── 2个星期内,大马冠病增加5万确诊病例,全球排名窜起,名列29;在东南亚仅排在印尼和菲律宾之后。(印尼人口是大马的9倍)。

只是,连打先锋的诺希山都说:“MCO在2月4日结束后,不会再延长”。

不延长?疫情受到控制了吗?

── MCO 2.0落实以来,每日确诊人数从1月中旬的近3千,节节攀升到超过3千,4千,5千……

只是,MCO的管制措施,一天比一天放宽;餐饮业和超市开放尚情有可言;然而,建筑业、制造业、零售业也都一一开放;接着,夜市、农民市场也开放了;汽车乘坐人数也不设限了。

一切如常,病毒放假去了吗?

── 宗教场所应该是严格限制群体祈祷,根据SOP,清真寺、教堂和庙宇,只准5名管理人员入内。

森州落实MCO之后,有人拍到芙蓉一间清真寺,车辆排满了几条街道,人群鱼贯进入祈祷(州宗教机构较后声称获得批准);在马六甲,首席部长宣布,州清真寺开放500人祈祷,一般清真寺250人,祈祷室75人。

说好的最多5个人呢?

(只有雪州,苏丹沙拉弗丁谕令不准州内清真寺和祈祷室开放,苏丹英明。)

x x x x

冠病疫情愈来愈严重,防疫却措施愈来愈松弛;这是大马独特的抗疫景象。

人民已经不只是担心,而是开始恐慌,但是,政府似乎没有当一回事,连国州议员都可以跨州跨县了。

究竟是政府胸有成竹,以为疫情已经受到控制?还是如坊间传言,疫情已经失控,一切顺其自然,只能听天由命?

第一个假设无法成立。MCO 2.0没有带来预期的成果,所有的数据都显示疫情愈来愈严重,而不是趋于缓和。

如果大家敏感一些,也都知道社区感染已经增加和扩大,感染群深入职场、社区和家庭,而不是局限在外劳聚集的工厂和宿舍。

公立医院的资源吃紧,已经无法接受所有的病患。无症状感染和轻度感染者,被劝告自行居家隔离,而不是强制送往隔离中心和医院。然而,当局缺乏一套有效追踪自行隔离者的系统,不但难以追踪感染者的病况,也无法限制感染者的行踪,以至患者可能成为行动中的病毒,让冠病扩散。

连新加坡都知道情况不对,而暂停了和大马、德国和韩国的绿色通道。新加坡和德韩两国没有接壤,绿色通道主要配合和大马的商务和劳务需要,为日后的全面开放铺路;暂停绿色通道,显示它对大马的疫情不抱乐观。

相对于政府的无为,民间部分人士的无感放任,最可怜的是那些还在前线苦苦支撑,奋战到底的医疗人员。前线的医生和护士,乃至救护车司机等,每日工作十几个小时,体力和精神都已经紧绷到极限,还看不到一线曙光。

在他们付出精力和时间的同时,本身也是最容易被感染的群体。登嘉楼一家医院,已经有48名医疗人员集体感染;如果病毒在医院扩散,医疗体系率先崩溃。

抗疫需要一个果断,有能力,有魄力的政府来领导。但是,遗憾的是,我们看不到有这么一个政府。

从疫情的扩散,几近失控,我们看到的是一个迷失的政府,半调子的MCO,前后矛盾的SOP,缺乏执行力的政策,以及逼近的灾难。

让我们承认,过去的抗疫工作,已经宣告失败,无须再掩饰,也甭拖拖拉拉,这些都已经没用了。

如今,只有重新开始,真正进入疫情紧急状态(不是政治紧急状态)。从公共卫生着手的疫情紧急状态,只有一个目标,就是控制疫情,拉平感染曲线。

政府必须尽快召集体制内外的精英专才,组成高层团队,拟定新的全盘策略,令出必行,没有妥协;民间也要全面总动员,每一个人都要为疫情负起责任,而不是作为旁观者或搅局者。

承认失败,才能发觉过去的错误,才有能力重新站起来;否则,就很快的倒下去。

作者 : 郑丁贤
文章来源 : 星洲日报 2021-01-30

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-31 08:32 | Report Abuse

https://www.nia.nih.gov/news/why-covid-19-testing-key-getting-back-normal

Let's deal with SCIENCE @apple168.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-31 08:33 | Report Abuse

Sour @apple168... talk SCIENCE with figures. Stop stirring up panic and fear among our people.

The faster the number of new Covid-19 cases peaks, the sooner we can flatten the curve!! Please GOOGLE more to learn.

AllYouCanBuy

2,060 posts

Posted by AllYouCanBuy > 2021-01-31 08:38 | Report Abuse

The FBM KCLI was seen breaking below the support of 1,580 and falling towards the next support of 1,560. The negative breach reaffirmed the bearish bias on the market.

Meanwhile, the technical indicators are flashing negative signals with the slow-stochastic descending to an extreme oversold level of eight points.

The 14-day RSI has also crossed into oversold territory. Given these indications, the 1,560 support could serve as a platform for a retracement in the coming sessions. In the event of further selling, the next support levels are found at 1,540 and 1,500. Resistance is pegged to 1,580 and 1,600.

THE STAR 30/1/2021.

apple168

6,236 posts

Posted by apple168 > 2021-01-31 09:41 | Report Abuse

The correct concept is the higher the COVID-19 number, the harder and longer that we need to flatten the curve which you can see now that despite MCO + DARURAT, the COVID-19 numbers keep on raising in exponentially!

The faster the COVID-19 number goes up, the more number of people going to infected with COVID-19, means number of ppl contributing to economical growth is lesser, and government going to spend more in health care, and less money pumping into development that could drive economic growth, resulting in less GDP and economic recession.

COVID-19 就在你左右!Good Luck!

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