Posted by nightmare007 > 2022-11-03 10:27 | Report Abuse

Dana politic? No volume!...kekekekkeke

Posted by Good123 > 2022-11-03 15:50 | Report Abuse

antara mlabs dan pasukhas, tak tahu, mana satu terbang dulu..

:)

Posted by nightmare007 > 2022-11-03 16:58 | Report Abuse

teruskan menganalisa Ustaz good123 :)

Posted by Good123 > 2022-11-04 08:08 | Report Abuse

P/b value =0.5 historical... Nta=11sen

Harganya patut 0.5 x 11sen ~5.5sen

Banyak kabel & potensi, balik 5.5sen & above anytime

Posted by Good123 > 2022-11-04 08:10 | Report Abuse

Para pengarah dah kenyang dengan esos, kroni mereka juga sama, kenyang dengan private placement, tiba masanya untuk melambung balik untuk dana politik bagi memperoleh projek yg lebih besar selapas pru 15 :)

Posted by Good123 > 2022-11-04 08:32 | Report Abuse

Harga semasa terlalu undervalued.. ada pihak berminat untuk mengambilalih.. usah deny ;)

Eddie Ong Surfaces as Second Largest Shareholder of Perak Transit as Share Price Hit Record High

edgeinvest
Publish date: Wed, 02 Nov 2022, 08:47 AM

Posted by Good123 > 2022-11-04 10:19 | Report Abuse

accumulate some, not more than 5% of your total investment portfolio value...

High risk high return... risk minimised now already........... NTA 11sen, harga semasa 2sen........steep discount dah

Posted by Good123 > 2022-11-04 10:23 | Report Abuse

estimated at least RM30-40mil has been given to yayasan atm for the piece of land in KL as JV project... land value is appreciating... 50 floors ++++ good for foreigners to buy for retirement to avoid the winter / cold weather in USA, Europe and China etc etc

Posted by nightmare007 > 2022-11-04 11:23 | Report Abuse

kata dna PRU? skrg dpt project lepas PRU pula? Cerita untuk sedapkan hati mungkin? kekekke :)

Posted by Good123 > 2022-11-04 14:46 | Report Abuse

2/12/2022 siap

OTHERS PASUKHAS GROUP BERHAD ("PASUKHAS" OR "THE COMPANY") - ACCEPTANCE OF LETTER OF AWARD BY PASUKHAS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FROM EXYTE MALAYSIA SDN. BHD.
PASUKHAS GROUP BERHAD

Type Announcement
Subject OTHERS
Description PASUKHAS GROUP BERHAD ("PASUKHAS" OR "THE COMPANY")
- ACCEPTANCE OF LETTER OF AWARD BY PASUKHAS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FROM EXYTE MALAYSIA SDN. BHD.
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the announcement dated 2 September 2022 in relation to the Letter of Award by Pasukhas Sdn. Bhd., a wholly-owned subsidiary of the Company, from Exyte Malaysia Sdn. Bhd ("Letter of Award").



We refer to the earlier announcement dated 2 September 2022 in relation to the Acceptance of the Letter of Award.



The Board of Directors of Pasukhas wishes to announce that the Work is expected to be completed on 21 December 2022.



This announcement is dated 5 September 2022.





Announcement Info
Company Name PASUKHAS GROUP BERHAD
Stock Name PASUKGB
Date Announced 05 Sep 2022
Category General Announcement for PLC
Reference Number GA1-05092022-00070

Posted by Good123 > 2022-11-04 14:52 | Report Abuse

hartanah pasukhas yayasan veteran ATM, next to MRT, sesuai bagi pesara2... yg mau bersara di KL ... warga asing mesti suka :)

Posted by Good123 > 2022-11-07 10:52 | Report Abuse

Jika Naik dengan memgejut , usah hairan ya :)

Posted by Good123 > 2022-11-07 10:58 | Report Abuse

Sindiket adalah pengarah2 yang bersubahat haha

Harus diingatkan saham-saham super penny stock seperti ini menjadi kegemaran para sindiket untuk membuat keuntungan.

Posted by nightmare007 > 2022-11-07 11:17 | Report Abuse

Jika Jika jika dan jika

Posted by Good123 > 2022-11-08 09:10 | Report Abuse

Nta 11sen, jika konglomerat tawarkan 5.5sen untuk penswastaan, mau terima tak?

Posted by Good123 > 2022-11-08 09:11 | Report Abuse

Projek hartanah di kl next to mrt station, sungguh bernilai bila ekonomi mula pulih beransur ansur selepas pru 15

Posted by Good123 > 2022-11-08 09:24 | Report Abuse

Dow ends more than 400 points higher as investors await midterm elections, inflation data.

Last Updated: Nov. 7, 2022 at 4:28 p.m. ET

U.S. stocks ended higher for a second session on Monday, kicking off a busy week that includes the next major inflation update and midterm elections that will determine control of Congress, as the third-quarter corporate earnings season hits the home stretch.

How stocks traded

The Dow Jones Industrial Average DJIA, +1.31% finished up by 423.78 points, or 1.3%, at 32,827. The Dow had its best performance since Oct. 28, according to Dow Jones Market Data.

The S&P 500 SPX, +0.96% ended up by 36.25 points, or 1%, at 3,806.80.

The Nasdaq Composite COMP, 0.85% closed up by 89.27 points, or 0.9%, at 10,564.52.

Monday’s gains added to the advances seen on Friday, when stocks snapped a four-session losing streak. Stocks still ended lower last week, with the Dow losing 1.4%, the S&P 500 down 3.4% and the Nasdaq Composite dropping 5.7%.

What drove markets

Stock investors were looking ahead to Tuesday’s midterm elections with an upbeat attitude, assessing headlines over the potential for eventual talks between Russia and Ukraine, and bracing for the next major U.S. inflation update this week.

Markets moved on Monday “with some anticipation of the midterm elections tomorrow and we know there’s a very, very high chance that Republicans will take at least one chamber of Congress, which will be positive for markets,” said Dan Eye, chief investment officer at Pittsburgh-based Fort Pitt Capital Group, which oversaw $4.2 billion in assets as of September.

“And maybe with the Fed meeting behind us, there’s more clarity on rate hikes than there was a week ago,” Eye said. “We now know policy makers are thinking that as early as December they could slow the pace of interest hikes and that the terminal rate will probably go higher than thought in September, but markets have priced a lot of that in.”

“We still have this big inflation report on Thursday and know that if the market moves the other way and things turn south, it’s because investors are looking to position conservatively ahead of the well-anticipated CPI (consumer-price index) report,” he said.

Last week, the Fed delivered a 75-basis-point, or three-quarters of a percentage point, increase in the fed-funds rate, as expected. However, Chairman Jerome Powell emphasized that rates would need to move higher than Fed officials had previously expected and signaled borrowing costs may remain elevated.

The Dow’s more-than-400-point jump on Monday was led by gains in shares of Walgreens Boots Alliance Inc. WBA, +4.10%, Salesforce Inc. CRM, +3.45%, and Boeing Co. BA, +3.06%. Meanwhile, analysts said, a positive turn in Asian markets and some European indexes provided support overseas: The STOXX Europe 600 Index ended 0.3% higher, while Hong Kong’s Hang Seng HSI, +2.69% finished up by 2.7%.

Chinese leaders are weighing steps toward reopening after nearly three years of tough pandemic restrictions but are proceeding slowly and have set no timeline, The Wall Street Journal reported Monday, citing people familiar with the discussions.

Shares of Apple Inc. AAPL, +0.39% finished up by 0.4% even though it warned of problems with the production of the iPhone 14 in China.

Through Friday, 85% of companies in the S&P 500 had reported third-quarter results. Of those, 73 had issued fourth-quarter guidance, and 50 of those — 68% — missed expectations with their holiday guidance, higher than the 5- and 10-year historical averages, FactSet senior earnings analyst John Butters said in a note.

The S&P 500 is now expected to report a year-over-year earnings decline in the fourth quarter, after forecasts from the current earnings season sent expectations from a 0.2% gain to a 1% decline last week, according to FactSet. Should that forecast hold, along with expectations for growth in the third quarter, it would break an eight-quarter pandemic-era streak of earnings gains.

Posted by Good123 > 2022-11-08 11:03 | Report Abuse

Nanti sudden jump due to profit... Esos kpd pengarah2 dan pp kpd kroni dah tamat :)

Bina Puri reports 12.63% variance in FY22 profit between unaudited and audited accounts | https://www.klsescreener.com/v2/news/view/1064719

Posted by Good123 > 2022-11-08 11:03 | Report Abuse

Nanti sudden jump due to profit... Esos kpd pengarah2 dan pp kpd kroni dah tamat :)

Bina Puri reports 12.63% variance in FY22 profit between unaudited and audited accounts |

Posted by Good123 > 2022-11-08 11:04 | Report Abuse

Selepas esos kpd pengarah2 dan pp kpd kroni2, nta masih 11sen, bersyukurlah :)

Posted by nightmare007 > 2022-11-08 11:27 | Report Abuse

1. Price at 0.07, Buy buy buy, finally consolidation :)
2. price at 0.04, Buy buy buy, project sungai udang akan di anugerakan, finally diam membisu
3. price at 0.04, buy buy buy, consolidation mungkin di batalkan, finally price 0.02
4. price at 0.04, buy buy buy, take over akan berlaku, DNA PRU...finally ...........

Bertahun-tahun ditipu pasukgb dan mlab :)))

Posted by sunsetbiz > 2022-11-08 12:20 | Report Abuse

still the funniest show given out daily....:)

Posted by Good123 > 2022-11-08 13:19 | Report Abuse

Bila ceo replaced, another chance harga syer terbang:)

Past findings have mostly shown that a forced CEO turnover positively affects
firm performance (Lassoued & Attia, 2013; Dedman & Lin, 2002; Lambertides,
2009; Huson et al., 2001; Kang & Shivdasani, 1996; Denis & Denis, 1995).
However, this study provides evidence that a planned CEO turnover has a
positive impact on share price when compared to an unplanned CEO turnover.
The gain from a planned CEO turnover is higher than from an unplanned CEO
turnover. Although the EMH suggests that information that is known has a lesser
impact on share price, Malaysia is a semi-strong market that reacts to asymmetric
information. This finding is consistent with Lambertides’ (2009) findings on the
planned removal of a CEO. A CEO succession plan is essential as it extends the
business’s lifespan and ensures sustainable growth (Lim, 2019). According to a
report by Minority Shareholder Watch Group (MSWG, 2017), only 1/5 of the
100 firms listed in Bursa Malaysia has a proper CEO succession policy. Firms
and policymakers are not convinced of the need to implement a proper succession
plan because a considerable gap exists in the literature on CEO transition and its
impact on the stock market. Thus, policymakers should re-examine the policy on
CEO succession established under GLCs and make it mandatory for firms listed
in Bursa Malaysia. By establishing a CEO succession plan and announcing the
removal and appointment of a CEO simultaneously, any negative signal from the
CEO removal is negligible because all negative signals are minimised with the
appointment of a successor. Further analysis is proposed for a short event window to view investors’ immediate reactions. Moreover, further investigation into the
planned CEO appointment, especially the appointment of female CEO, is needed
to obtain a more comprehensive view of investors’ reaction to a succession plan.

Posted by nightmare007 > 2022-11-08 14:53 | Report Abuse

kekekekkekekekeke

Posted by Good123 > 2022-11-09 08:51 | Report Abuse

Current price 2sen vs nta 11sen, downdide risk minimum, upside potential tak terhingga :)

Posted by Good123 > 2022-11-09 09:42 | Report Abuse

pengarah2 dan sindiket pun tak makan habis... nta 11sen kini... tunggu je lah pihak yg akan mengambil alih pasukhas kelak

Posted by Good123 > 2022-11-09 10:58 | Report Abuse

ada pihak kata objektif sindiket bagi pasukhas, 10-20sen, oklah , ~nta 11sen :)

Posted by nightmare007 > 2022-11-09 13:20 | Report Abuse

pihak mana tu? pihak menipu Good123? Good123 pula mudah ditipu? kekekekekk ;)))

Posted by Good123 > 2022-11-09 14:50 | Report Abuse

Pasukhas dah shariah compliant, next, mereka mau dapat ESG compliant status ? :)

Posted by Good123 > 2022-11-09 16:45 | Report Abuse

Segalanya naik. Harga hartanah pasukhas di kl pasti naik juga :)

Posted by Good123 > 2022-11-10 08:25 | Report Abuse

The buy queue has started with higher quantity, wait till the buy momentum surges , all the way up nanti :)

Posted by Good123 > 2022-11-10 08:27 | Report Abuse

Nta 11sen, current sell price 2sen... Tak kan pengarah2 boleh curi 9sen menjadikan nta 2sen haha

Posted by Good123 > 2022-11-10 08:28 | Report Abuse

Esos untuk kayakan pengarah2 dah buat, pp kpd kroni2 dah buat, naik balik belum buat lagi..

Otw dah :)

Posted by Good123 > 2022-11-10 08:29 | Report Abuse

Shariah compliant status , dah buat!

Next ESG compliant - otw... :)

Posted by Good123 > 2022-11-10 08:30 | Report Abuse

Ya lah, jadikan esg compliant keutamaan, leoas tu, jualkan segalanya kpd pak arab ataupun konglomerat eropah ataupun china :)

Posted by Good123 > 2022-11-10 08:36 | Report Abuse

Tengok sindiket mau make a killing sebelum puak politiknya kecundang dalam pru 15 pada nov 20 :)

Posted by Good123 > 2022-11-10 08:38 | Report Abuse

Peluang terakhir bagi sindiket sebelum kerajaan baru menangkap mereka macam soh di Singapura dipenjarakan kerana manipulasi syer penny haha

Posted by Good123 > 2022-11-10 08:49 | Report Abuse

Konglomerat juga bagi biz kpd pasukhas:)

KUALA LUMPUR: Pasukhas Sdn Bhd, anak syarikat milik penuh Pasukhas Group Bhd dianugerahkan kontrak untuk membekal, melaksana dan menyiapkan sebuah pusat data di Cyberjaya.

Kontrak bernilai RM11.9 juta itu dianugerahkan oleh Exyte Malaysia Sdn Bhd

Pasukhas Group Bhd has been awarded a contract to undertake concrete substructure works for the head building of the Dexcom Malaysia Factory 3 project in Penang. The contract worth RM7.08 million was awarded by Exyte Malaysia Sdn Bhd.

https://www.exyte.net/en/Newsroom/Press-releases/Press-releases-2015/Mark-Garvey-appointed-new-Chief-Executive-Officer-for-M-W-Group-s-Asia-Pacific-region

Posted by Good123 > 2022-11-10 09:34 | Report Abuse

Kejayaan projek hartanah KL veteran atm dengan pasukhas adalah mustahak bagi veteran atm :)

Veteran ATM tubuh dan guna SPRM sebagai kumpulan pendesak kepada kerajaan.

Posted by Good123 > 2022-11-10 09:34 | Report Abuse

Pengarah2 pasukhas tak berani mencuri lagi :)

https://www.airtimes.my/2022/07/03/veteran-atm-tubuh-dan-guna-sprm-sebagai-kumpulan-pendesak-kepada-kerajaan/?_gl=1*1q8jslf*_ga*STc5NGlWaFVWa1ViUVVsc2ZPd2sxTEpKckx6clIzZDhkNGpsSG82OENRZExaN0RXdW1qWi1qMUh2c2E5NlM2VA..

Posted by Good123 > 2022-11-10 09:41 | Report Abuse

7, November, 2022, Monday

USA
US stocks closed higher on Friday (Nov 4) in volatile trade to snap a four-session losing streak as investors wrestled with a mixed jobs report and comments from Federal Reserve officials on the pace of interest rate hikes.

EUROPE
European stocks climbed on Friday as markets rounded out a big week for central bank policy decisions and corporate earnings.

ASIA
Shares in the Asia-Pacific rose early Monday as investors digest the latest U.S. jobs report and look ahead to the midterm elections.

MALAYSIA
Bursa Malaysia opened on a positive note today, driven by buying interest in the energy stocks and gains on Wall Street last Friday, said a dealer.

GOLD
Gold prices surged 3% on Friday as the dollar fell after data showing an uptick in the U.S. unemployment rate in October raised optimism the Federal Reserve would be less aggressive on rate hikes going forward.

OIL
Oil prices rose on Friday amid uncertainty around future interest rate hikes by the U.S. Federal Reserve, while a looming EU ban on Russian oil and the possibility of China easing some Covid restrictions supported markets.

KLCI: 1,438.28 (+17.90) (+1.26%)

DJIA: 32,403.22 (+401.97) (+1.26%)
S&P 500: 3,770.55 (+50.66) (+1.36%)
NASDAQ: 10,475.26 (+132.31) (+1.28%)

FTSE: 7,334.84 (+146.21) (+2.03%)

NIKKEI: 27,199.74 (-463.65) (-1.68%)

HSI: 16,161.14 (+521.65) (+5.36%)
HSCEI: 5,482.52 (+312.01) (+6.03%)

SHANGHAI: 3,070.80 (+72.99) (+2.43%)
SHENZHEN: 2,020.16 (+52.78) (+2.68%)

Gold: 1,685.70

Crude Oil: 98.57

USD/MYR: 4.7448

Posted by Good123 > 2022-11-10 14:58 | Report Abuse

Barangkali kerajaan baru akan menyuruh GLCs untuk mengambilalih pasukhas demi melindungi dana yayasan veteran atm...jika tak, takut disakau oleh pihak yg tak bertanggungjawab :)

Posted by Good123 > 2022-11-10 15:53 | Report Abuse

veteran yayasan ATM pun dah bangkit..... SPRM dll juga terlibat... semakin menarik pasukhas kini $$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by Good123 > 2022-11-10 16:37 | Report Abuse

tak logik... projek hartatanah yang bernilai beratus-ratus juta RM yayasan veteran atm berada dalam tangan sykt penny stok... iaitu pasukhas... tunggu selepas PRU 15... tengok tindakan akan diambil oleh kerajaan baru :)

Posted by nightmare007 > 2022-11-10 17:03 | Report Abuse

kahkahkahkahkah ditipu berkali-kali ::)))

Posted by Good123 > 2022-11-10 17:30 | Report Abuse

Joe - volum dan harga pun bergerak hari ni :)

SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE
JOE HOLDING BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-22072021-00002
Subject SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE
Description JOE HOLDNG BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) ("JOE" OR "THE COMPANY")
- ADDITIONAL INFORMATION ON SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145,670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
Query Letter Contents
We refer to JOE’s announcement dated 21 July 2021 in respect of the aforesaid matter.


In this connection, kindly furnish Bursa Securities with the following additional information for public release:

1) The total cost to subscribe for the 249,720,00 rights shares in PASUKGB (including the acquisition cost of the rights to subscribe for the rights shares) and the updated highest percentage ratio.

2) Other than the synergies with regard to the construction of the gloves factories, to provide further justification to subscribe for the rights shares in PASUKGB taking into consideration that the principal business activities of PASUKGB and JOE are not similar.

3) Whether the subscription tantamount to diversification in operations of the Company pursuant to Paragraph 10.13 of the Main Market Listing Requirements, together with the basis thereof.

4) The Company undertook a series of fund raising exercises in 2020 and 2021 (two private placements in 2020 and 2021 respectively and rights issue in 2021) to raise funds for its gloves business. In this regard, to provide detailed justification to subscribe for the rights shares in PASUKGB which is funded from internally generated funds while the Company needs to undertake various fund raising exercises to fund its existing gloves business.

5) Future plans of the Group on PASUKGB given the substantial shareholdings of 21.58% in PASUKGB.



Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.



Yours faithfully





Listing

Regulation

c.c.: Market Surveillance Dept., Securities Commission (via fax)

We refer to JOE’s announcement dated 21 July 2021 (“Announcement”) in relation to the subscription of 249,720,000 Rights Shares together with 145,670,000 Free Warrants in Pasukhas Group Berhad (“PASUKGB”) by GP Autobat Sdn Bhd (“GP Autobat”), a wholly-owned subsidiary of the Company, and query from Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 22 July 2021 in relation to the same (“Bursa Queries”).



Please refer to the attachment for further details.



This announcement is dated 26 July 2021.



Please refer attachment below.

Attachments
JOE - Additional Information (26.07.2021).pdf
128.8 kB

Announcement Info
Company Name JOE HOLDING BERHAD
Stock Name JOE
Date Announced 26 Jul 2021
Category General Announcement for PLC
Reference Number GA1-23072021-00072

Posted by Good123 > 2022-11-11 08:58 | Report Abuse

Joe dijangka akan membeli lebih banyak syer pasukhas untuk menurunkan kos purata belian syer pasukhas dulu dan akan jualkan segalanya pada harga yang jauh lebih tinggi sebagai satu blok syer yg besar

Posted by Good123 > 2022-11-11 09:16 | Report Abuse

Dow scores 1,200-point gain as stocks log biggest one-day advance since 2020 on signs inflation is softening.

Last Updated: Nov. 10, 2022 at 4:36 p.m. ET

U.S. stocks finished sharply higher on Thursday, logging their biggest single-session rally in more than two years as the Dow soared more than 1,200 points on data suggesting inflation may be peaking.

When looking at stock performance on CPI data days, both the S&P 500 and Nasdaq clinched their biggest daily gains in the history of the data series.

Falling Treasury yields and a softer dollar, driven by expectations that the Federal Reserve might opt for a smaller interest-rate hike in December, also helped to boost stocks, market analysts said.

What stocks did

The S&P 500 SPX closed up 207.80 points, or 5.5%, to 3,956.37, its highest end-of-day level since Sept. 12.

The Dow Jones Industrial Average DJIA climbed 1,201.43 points, or 3.7%, to 33,715.37, its highest closing level since August.

The Nasdaq Composite COMP advanced 760.97 points, or 7.4%, to 11,114.15, its biggest daily rise in percentage-point terms since March 2020.

Thursday’s move higher in stocks helped the S&P 500 and Nasdaq Composite erase all the losses from Wednesday’s session and catapulted all three indexes well into the green for the week.

Wednesday’s drop, which came after three days of consecutive gains, marked the biggest post-election day pullback since 2012, according to Dow Jones Market Data.

What drove markets

U.S. stocks rocketed higher after the release of the consumer-price inflation figures on Thursday and kept climbing.

Headline inflation retreated on a year-over-year basis to 7.7%, while the year-over-year core number declined to 6.3%. On a month-over-month basis, headline inflation came in at 0.4%, while core inflation softened to 0.3%.

“Markets are applauding the cooler inflation print and expectations for a downdraft in rates has begun with expectations for the December 14th rate hike anchored at 50 basis points,” said Quincy Krosby, chief global strategist for LPL Financial. “Still, markets need to absorb Friday’s University of Michigan’s Consumer Sentiment Survey that includes consumer 5-10 year consumer inflation expectations, which has climbed to an uncomfortable 2.9%.”

Shortly after the data were released, the Wall Street Journal’s Nick Timiraos reported that the October report “is likely to keep the Fed on track to approve a 50-basis-point interest-rate increase next month.”

Fed funds futures traders were pricing in higher than 80% odds of a 50 basis point rate hike in December, compared with below 60% odds one day earlier, per the CME’s FedWatch tool.

Several senior Federal Reserve officials delivered public remarks on Thursday, including Philadelphia Fed President Patrick Harker, who said the Fed will slow down the pace of interest rate hikes in the coming months. Fed President Mary Daly also said the Fed should still raise its benchmark interest rate slightly above a 4.5%-4.75%.

The yield on the 10-year Treasury note BX:TMUBMUSD10Y fell about 33 basis points to 3.828%. The rate-sensitive Nasdaq logged its biggest leap in percentage-point terms since March, 2020, when stocks were just recovering from a sharp pandemic-inspired selloff.

The ICE U.S. Dollar Index DXY was off 2.4% at 107.85, as the euro rose to its highest level against the buck in roughly two months.

“The market is ripping higher on the heels of today’s surprising CPI report,” said Brian Price, head of investment management at Commonwealth Financial Network. “It’s not surprising because investors have been waiting for evidence that inflation is peaking. I don’t think we’re out of the woods yet by any means but today’s price action is encouraging for those who have stayed invested in a very difficult year for equities and fixed income.

McDonald’s Corp. ended up being the only Dow component to finish Thursday’s session in the red, while the other 29 blue-chip stocks traded higher, with Salesforce Inc. CRM in the lead.

In other markets, Bitcoin BTCUSD recovered some ground Thursday, after falling to its lowest level since 2020 this week on expectations that FTX and its related companies might be headed for insolvency. The price of bitcoin was up 12% in the last 24 hours near $17,878, according to CoinDesk.

Companies in focus

Coinbase COIN, a cryptocu
Companies in rrency exchange finished higher after Oppenheimer said Coinbase was well-positioned after the failed deal between Binance and FTX. The modest rebound in the price of bitcoin and other cryptocurrencies was helping to lift some crypto-linked stocks on Thursday.

MicroStrategy Inc. MSTR, Riot Blockchain Inc. RIOT and Coinbase Global Inc. COIN were all up sharply.

Rivian RIVN was up 17.4% after the electric-vehicle maker posted a narrower-than-expected quarterly loss and kept its 2022 production estimates intact despite saying supply-chain snags continue to be a concern.

Posted by Good123 > 2022-11-11 10:03 | Report Abuse

Utusan Malaysia
www.utusan.com.my › janga...
Jangan abai veteran ATM, tegas Anwar
6 Jun 2022 — PETALING JAYA: Presiden PKR, Datuk Seri Anwar Ibrahim mendesak kerajaan supaya tidak mengabaikan suara dan nasib para veteran Angkatan ...

Posted by Good123 > 2022-11-11 10:04 | Report Abuse

Anwar diramal akan menyerang sabri pasal serahkan tanah yayasan veteran atm kpd Syarikat penny stok pasukhas