KLSE (MYR): YTLPOWR (6742)
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Last Price
3.39
Today's Change
-0.06 (1.74%)
Day's Change
3.36 - 3.44
Trading Volume
2,381,900
2024-12-03
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darrenliew
1,055 posts
Posted by darrenliew > 1 day ago | Report Abuse
GENERAL BUT CRITICAL ECONOMIC N GEOPOLITICAL FACTORS/NEWS CAN HAVE SIGNIFICANT IMPACT (NEGATIVE OR POSITIVE) ON WORLD STOCK MARKETS. MARKET TRENDS ARE IMPORTANT.
EG. IF MAJOR STOCK MARKETS LIKE USA'S INDICES SUFFERED DEEP CORRECTIONS N TURNED BEARISH (DUE TO BEING OVERVALUED N/OR HIT BY USA US76 TRILLION NATIONAL DEBT BECAME A FINANCIAL CRISIS OR WORLD ECONOMIES BEING DISRUPTED BY TRADE WARS OR MILITARY CONFLICTS, THEN OTHER STOCK MARKETS WILL ALSO BE AFFECTED. BURSA STOCK PRICES CAN ALSO COLLAPSE NO MATTER HOW STRONG THEIR BUSINESS/FINANCIAL PERFORMANCES.
BLUE CHIP SHARE PRICES WILL ALSO BE PULLED DOWN.
HENCE NOT WISE TO IGNORE MAJOR GENERAL MARKET TRENDS.