SUNWAY (5211) - Stock Market Buzz

all data center play end game? looks like mahsing is 1st to go.

2024-08-01 09:40

hopefully healthy profit taking🙏🙏

2024-08-01 09:42

wait & see. sunway & ijm are the leaders. mahsing seems lost, looking for its way home😂

2024-08-01 11:42

SUNSET? CAN HIT 4 TOMORROW? correction long overdue

2024-08-01 15:59

die standing

2024-08-01 17:08

Nightmare every night from tonight.

2024-08-01 21:31

😂😂😂

2024-08-01 23:29

all data centers breached☢☢ 😂😂😂

2024-08-02 10:12

believe in me🤣😁

2024-08-02 10:14

all badly hurt. take time to recover now🤕🤕

2024-08-02 11:17

but party still on for aeon & ame😘🤑🤑

2024-08-02 11:18

sea of blood. hurt so good. hahaha

2024-08-02 14:41

which one better for rebound

2024-08-02 14:42

All can't sleep this weekend.

2024-08-02 18:07

US market fall is the cause of this blood bath

2024-08-02 18:25

speakup

Yes that is main reason. Secondary reason is PH govt duno how run country

2024-08-02 19:26

Investing.com - U.S. stock futures fell sharply Friday ahead of the release of the key nonfarm payrolls number, while tech earnings dominated sentiment. Here are some of the biggest premarket U.S. stock movers today Intel (NASDAQ:INTC) stock slumped 21% after the chipmaker suspended its dividend an...

2024-08-02 19:35

Whiteytey

Sold all at 4.08

2024-08-02 22:11

ChloeTai

The 1st support at 3.90 is broken. The next support is at 3.50, followed by 3.35. Today closed at 3.62.

2024-08-05 18:08

everyone ok? win chicken pay cow 😁😂

2024-08-06 11:03

Run if u can. Market showing weakness. Run, run , run

2024-08-15 15:03

Sell now before u lose more. Drop going to be v steep

2024-08-15 15:12

DJ has been going up for past 3 days but majority klci shares dropped.. local funds have been buying to support the shares for the past two weeks. But klci shares became weaker and weaker. If DJ is to drop tomorrow or Monday, klci shares will steeply. Sell if u can now

2024-08-15 15:40

will drop

2024-08-15 15:41

This indicates Foreign funds are selling in large quantity

2024-08-15 15:42

Net foreign funds outflow is in the order of tens of billions

2024-08-15 15:43

forest18

I do not share that sentiment of glum, neither it is sunshine.

If you look at what the Chief Equity Strategist of Morgan Stanley said in his interview with Bloomberg, he said that the S&P 500 is range bound at the moment, asking investor to stay on the quality curve. He sees little evidence of a bear market yet, even though US economy is in the late cycle.

https://www.bloomberg.com/news/articles/2024-08-13/morgan-stanley-s-wilson-sees-few-signs-of-bear-market-in-stocks?embedded-checkout=true

Remember come September there is a very strong possibility of an interest rate cut.

Malaysia economy on the other I see is at it's early cycle, spoken to senior people in the MNC investment banks they are taking a bullish view in Malaysia's equity and currency.

Let's hope and pray what happened last Monday does not repeat itself or manifest into a financial crisis.

2024-08-15 17:18

Interest rate cut will caused capital flight out of US. Shares of US will fall because investors will sell US shares and move capital out as soon as possible before USD value drops. Shares prices of US shares will drop slowly at the beginning and gather speed latter. The drop in US shares price will affect klci for a short term.

2024-08-15 20:56

forest18

I agree with the opinion that a drastic drop in US index will effect KLCI for the short term.

But, as for the cut of interest rates in the US, I think the more likely scenario is that funds will move from fixed income etc. to equities, S&P 500 specifically. A capital flight? I doubt the Feds will lower interest rates to the extend it would jeopardise the value of the dollar, heads will roll. The interest rates cut is to simulate economic growth and full employment.

You know, what I really hope it does (this interest rate cut) is that the same fund is diverted and invested in KLCI which is under-valued and our currency is still cheap, that way all of us make a little dosh.

I maybe wrong, its economics, its about people.

Wish you well and happy!

2024-08-15 21:56

I agree that some of the funds of US will flow into klci

2024-08-16 06:37

https://www.thestar.com.my/business/business-news/2024/08/22/malaysia-shines-as-foreign-investors-return-peers-stumble?utm_source=Smartech&utm_medium=email&utm_campaign=dailynewsalert&utm_content=20240823&__sta=vhg.uosvpxQddhqne.jsu0sv%7CIFFUJVQ&__stm_medium=email&__stm_source=smartech

The stock benchmark KLCI has risen more than 12% this year on the back of an AI-driven data center boom, outperforming the 6% rise in the MSCI Southeast Asia index .

2 months ago

KingKKK

SUNWAY (One of Bursa Magnificent 7 stock) - Strong Q2 earnings with Uptrend Intact - KingKKK

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-08-29-story-h-153181128-SUNWAY_One_of_Bursa_Magnificent_7_stock_Strong_Q2_earnings_with_Uptrend

2 months ago

Yes KKK...

2 months ago

stockpicker888

What is with the last minute high volume???????

2 months ago

Does anyone know why Kenanga TP is so low?

2 months ago

The reduction of interest rate will benefit property, infrastructure, utility companies while lower interest rates can present challenges for banks, they can also create opportunities through increased lending activity and improved asset quality.

2 months ago

https://theedgemalaysia.com/node/727236.

Good News this morning. Here are the key points:

Fed Cuts Rates: The Federal Reserve cut interest rates by half a percentage point, citing increased confidence in inflation moving towards 2%.

Economic Projections: Policymakers expect further rate cuts, with the benchmark rate falling to 2.75%-3% by 2026.

Market Reactions: US stocks gained, the US dollar fell, and Treasury yields dropped following the announcement.

Labour Market Concerns: The Fed’s decision reflects concerns about a potential slowdown in the job market, despite progress on inflation.

2 months ago

Bell2stock

2 months ago

ChloeTai

Sunway today (19 Sep 2024) closed at RM4.38. Its all time high is RM4.42. Can it make a new all time high?

2 months ago

Indeed Chloe!!!

Meow Meow Meow

2 months ago

enning22

Sunway to buy Taman Taynton land for RM320m for mixed development
https://theedgemalaysia.com/node/728798

1 month ago