Time to fly... be the first mover... macam china turunkan kadar bunga, syer naik

Jumlah syer traded bulanan adalah artificially pada harga syer rendah...certain months... more to come

Change %
06/01/2023 0.075 0.085 0.085 0.075 1.56M -11.76%
05/01/2023 0.085 0.100 0.105 0.085 862.90K -15.00%
04/01/2023 0.100 0.095 0.110 0.090 3.30M +5.26%
03/01/2023 0.095 0.335 0.340 0.090 439.19M -71.64%
02/01/2023 0.335 0.280 0.350 0.270 349.99M +19.64%
01/01/2023 0.280 0.260 0.295 0.230 365.37M +7.69%
12/01/2022 0.260 0.200 0.260 0.200 369.10M +30.00%
11/01/2022 0.200 0.150 0.205 0.145 328.82M +37.93%
10/01/2022 0.145 0.085 0.150 0.080 106.46M +70.59%

Masanya dah tiba

Will small caps do well in 2023?
Economic growth plays a big role in the small-cap performance and the present market expectation suggests a strong year for small caps. Opportunities will abound in small-cap stocks as the year matures with potential index returns of 15-20% in 2023.

What are the benefits of environmental testing?
Environmental testing helps to simulates the different climatic condition & mechanical stress a product can subject to undergo during their lifetime. Also it help to simulate the lifecycle environments that are encountered by the product.

Environmental, Social, and Governance (ESG) factors are becoming increasingly important in investment decisions globally, and Malaysia is no exception. This discussion will delve into the rise of ESG investing in Malaysia, the impact it's had on the performance of the stock market, and the sectors that are benefiting the most. We'll also cover how ESG criteria are being integrated into investment decisions and look at the role of regulatory bodies in encouraging ESG investing.

What is the market size for environmental testing?

The global environmental testing market size was estimated at USD 11.07 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030.
https://www.grandviewresearch.com › ...
Global Environmental Testing Market Size & Share Report ...

What is the market potential of laboratory?

Industry trends

Clinical Laboratory Services Market size exceeded USD 231 billion in 2020 and is anticipated to grow at over 3.4% CAGR between 2021 and 2027.
https://www.gminsights.com › clinic...
Clinical Laboratory Services Market Size, Forecast Report 2021-2027

How big is the laboratory testing market?

Report Overview

The global clinical laboratory tests market size was estimated at USD 103.67 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.4% from 2023 to 2030.

Be patient:)

What is the market cycle for stocks?
Economic cycles range from 28 months to more than 10 years. Stock market cycles have typically anticipated economic cycles by 6–12 months on average. The cycles are familiar—the economy expands and contracts and the markets rise and fall. Our emotions often get swept up in the recurring ebb and flow.

Investing.com -- Oil prices climbed higher Thursday, bouncing after the previous session’s plunge, helped by substantial demand from Chinese refineries as well as more stimulus from the country’s central bank.

BREAKING
Dow rallies 300 points as Wall Street bets Fed rate hikes are nearly done

Goldman Sachs strategists see an economic shift from “reopening to recovery” driving Chinese stocks as much as 24% higher by the end of this year.

accumulate more n more in stages... usah panik :)

Time Frame:
Monthly
Download Data
06/15/2021 - 06/15/2023

Date

Price

Open

High

Low

Vol.

Change %
06/01/2023 0.075 0.085 0.085 0.075 1.56M -11.76%
05/01/2023 0.085 0.100 0.105 0.085 862.90K -15.00%
04/01/2023 0.100 0.095 0.110 0.090 3.30M +5.26%
03/01/2023 0.095 0.335 0.340 0.090 439.19M -71.64%
02/01/2023 0.335 0.280 0.350 0.270 349.99M +19.64%
01/01/2023 0.280 0.260 0.295 0.230 365.37M +7.69%
12/01/2022 0.260 0.200 0.260 0.200 369.10M +30.00%
11/01/2022 0.200 0.150 0.205 0.145 328.82M +37.93%
10/01/2022 0.145 0.085 0.150 0.080 106.46M +70.59%
09/01/2022 0.085 0.085 0.095 0.080 2.12M -5.56%
08/01/2022 0.090 0.085 0.100 0.080 3.36M +5.88%
07/01/2022 0.085 0.085 0.095 0.080 2.24M -10.53%
06/01/2022 0.095 0.095 0.105 0.085 3.95M 0.00%
05/01/2022 0.095 0.100 0.115 0.095 6.71M -9.52%
04/01/2022 0.105 0.095 0.110 0.095 7.80M +10.53%
03/01/2022 0.095 0.100 0.105 0.085 4.83M -5.00%
02/01/2022 0.100 0.105 0.120 0.095 10.09M 0.00%
01/01/2022 0.100 0.105 0.125 0.095 26.38M -4.76%
12/01/2021 0.105 0.095 0.105 0.090 7.21M +10.53%
11/01/2021 0.095 0.115 0.115 0.095 14.19M -17.39%
10/01/2021 0.115 0.125 0.130 0.115 27.71M -8.00%
09/01/2021 0.125 0.160 0.160 0.125 76.22M -19.35%
08/01/2021 0.155 0.155 0.175 0.150 105.52M 0.00%
07/01/2021 0.155 0.160 0.195 0.155 388.17M -3.12%
Highest: 0.350 Lowest: 0.075 Difference: 0.275 Average: 0.132 Change %: -53.125

Why Are Chinese Stocks BABA, JD, PDD Up Today?
BABA and lowered interest rates are helping Chinese stocks today

25m ago · By William White, InvestorPlace Writer
Chinese stocks are climbing higher on Thursday.
This follows Alibaba (BABA) announcing expansion plans.
The country’s central bank also lowered interest rates.

Total nilsi dagangan rm120K+ siput. Wait4big boss beli beberapa juta RM

SINGAPORE: Asian stocks hit two-month highs on Thursday and the dollar notched new peaks against the yen and the yuan as the Federal Reserve paused rate hikes while flagging more, drawing attention to the contrast with more dovish policy outlooks in Asia.

The Fed left its benchmark funds rate window at 5-5.25%, as expected, yet committee members surprised markets by projecting two more 25 basis point (bps) hikes this year, sending short-term U.S. yields higher and closing out bets on any cuts in 2023.

The European Central Bank, meanwhile, is expected to deliver its eighth straight rate hike later in the day which will take borrowing costs to two-decade highs. The euro, which made a one-month high at $1.0865 overnight, traded at $1.0816 as investors awaited the decision.

That cast Asia's biggest economies in stark relief, with China cutting another key policy rate on Thursday amid fresh signs its economy is stumbling and traders betting the Bank of Japan will stick with its ultra-easy monetary policy this week.

The yen fell about 0.9% to a six-month low of 141.43 per dollar. The yuan hit a six-month trough of 7.1819, while hopes of more stimulus sent stock indexes in Hong Kong and Shanghai up by more than 1%.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6% to a new two-month high, while Japan's tearaway Nikkei extended its rally to new three-decade peaks.

S&P 500 futures were flat. European futures and FTSE futures each fell about 0.2%.

"The Fed is being pretty steadfast," said Bart Wakabayashi, branch manager at State Street in Tokyo, which has brought back the contrast with stimulatory Japan to the fore.

"They point at inflation, the labour market and wages and say look we want (inflation) at 2% and whether it's 6% or 5% or 5.5% it's still not at 2% - they're going to do they need to do to get that down to 2%."

Two-year Treasury yields, which closed two bps higher at the end of the New York session rose another 3.5 bps in Tokyo trade to 4.7416%. Ten-year yields rose 3.1 bps to 3.8291%.

Fed funds futures pricing didn't budge all that much in the wake of the meeting, but expectations for a hike next month firmed a little and traders pushed any hopes for cuts deeper into 2024.

"The conditions we need to see ... to get inflation down are coming into place," Fed Chair Jerome Powell said. "But the process of that actually working on inflation is going to take some time."

CHINA SLOWDOWN

In Asia, the focus was on China where industrial output and retail sales figures fell short of market forecasts and property investment and home sales tumbled at a sharper pace, in the latest sign the country's post-pandemic economic recovery is losing steam.

China cut a key benchmark, its medium-term loan rates, by 10 bps -- two days after trimming short-term rates -- and the yuan hit a six-month low in anticipation that more support is on the way, before steadying somewhat.

"Expectations are building that additional stimulus will come from Beijing and this could be the much needed catalyst for the Chinese market to overcome a disappointing first half," said Tai Hui, Asia-Pacific chief strategist at J.P. Morgan Asset Management.

Elsewhere those hopes and strong Australian jobs data leant support to the Aussie dollar, which was firm at $0.6822, while the New Zealand dollar was on the ropes after data showed the economy shrank into recession this year.

That likely confirms an end to rate hikes and the kiwi was last down 0.2% at $0.6197.

The euro, which has been grinding higher on the dollar for about two weeks on signs of slowing U.S. inflation and hints of cooling in the labour market, faces its next test when the ECB meets later in the day. A 25 bps hike is expected.

The yen slipped as expectations build that the BOJ makes no policy adjustments when its two-day meeting ends on Friday. Japanese government bonds rallied a little.

Oil steadied with benchmark Brent crude futures up 0.5% to $73.55 a barrel.

Gold, which pays no income, was pressured by expectations for U.S. interest rates to linger at high levels, and fell to a two-week low of $1,934 an ounce.

Bitcoin dropped 3% overnight and nursed losses just below $25,000. - Reuters

RM45K+ traded so far... investors wanted to wait for action from the new chairman, banyak kabel sekali

Direct Biz Transaction:

Summary from 06/01/2009 to 01/06/2021
Highest Price 0.4600 First Occurred on 21/01/2009
Lowest Price 0.1300 First Occurred on 12/06/2013
Highest Volume 10.000m First Occurred on 15/01/2009

Japan’s Nikkei 225 index rose 0.7%, while the broader TOPIX added 0.5%, with both bourses hitting new 33-year highs as stronger-than-expected exports and machinery orders data signaled some resilience in the economy.

Other Asian markets rose tracking this notion, with Hong Kong’s Hang Seng index up 0.7% on its exposure to China. Australia’s ASX 200 also added 0.3% as data showed the country’s labor market remained robust.

But the rate cuts point to increased liquidity conditions in Asia’s largest economy, which could provide some near-term support for markets.

Investing.com-- Most Asian stocks rose on Thursday, buoyed by the prospect of increased stimulus in China following more rate cuts in the country, although hawkish signals from the Federal Reserve kept a lid on gains.

New chairman ada banyak network, jika haji & hajjah mau cash out, dia boleh cari pembeli dengan mudah. .

See the new plan for picorp uncovered in stages..

Terbaik

the new chairman has a big vision for picorp... duit, dah banyak dah, dia mau laksanakan visinya bagi picorp... sabar ya, enjin baru mau dinyalakan, dll :)

Syed Hisham bin Syed Wazir is a Malaysian businessperson who has been at the helm of 14 different companies and currently holds the position of Independent Non-Executive Chairman for Progressive Impact Corp. Bhd., Chairman of MSM Malaysia Holdings Bhd. and Chairman of Jaybee Drilling Pvt Ltd.

He is also Member of The Institute of the Motor Industry and Member-Beta Gamma Sigma at The Ohio University and on the board of 22 other companies.

He previously was President, Group CEO & Executive Director at UMW Holdings Bhd., Managing Director & Director at Puncak Niaga Holdings Bhd., Chief Operating Officer at Naza KIA Sdn. Bhd., Chief Operating Officer at Naza Kia Services Sdn Bhn, Director & Senior Manager at Perusahaan Otomobil Kedua Sdn. Bhd., General Manager-International Business at DRB-Hicom Export Corp. Sdn. Bhd., Managing Director at Edaran Otomobil Nasional Bhd., General Manager of Proton Corp. Sdn. Bhd., President & Chief Operating Officer of Honda Malaysia Sdn. Bhd., Senior Manager-Business Division at Perusahaan Otomobil Nasional Sdn. Bhd., Director at Toyota Capital Malaysia Sdn. Bhd. and Deputy Manager-Marketing Service at HICOM Bhd.

Mr. Bin Syed Wazir received an MBA from The Ohio State University and an undergraduate degree from the University of Plymouth.


Current positions of Syed Hisham bin Syed Wazir
Name Title Since
Bermaz Auto Berhad
(Auto Vehicles, Parts & Service Retailers) Senior Independent Non-Executive Director 2016
MSM Malaysia Holdings Berhad
(Food Processing) Chairman 2020
Progressive Impact Corporation Berhad
(Environmental Services & Equipment) Independent Non-Executive Chairman 2023
Jaybee Drilling Pvt Ltd. Chairman -
Umw Industries 1985 Sdn. Bhd. Director -
National Precision Tooling Sdn. Bhd. Non-Executive Chairman 2017
Sirim Sts Sdn. Bhd. Non-Executive Director 2019
UMW Development Sdn. Bhd. Director -
Pakar Citra Sdn. Bhd. Director -
KYB-UMW Steering Malaysia Sdn. Bhd. Director -
Aman Brothers Auto Sdn. Bhd. Director -
Castwel Auto Parts Pvt Ltd. Director 2014
SIRIM QAS International Sdn. Bhd. Non-Executive Chairman 2017
Coldfusion Engineering Sdn. Bhd. Director -
Lubetech Sdn. Bhd. Director -
UMW Pennzoil Distributors Sdn. Bhd. Director -
UMW Australia Ventures Sdn. Bhd. Director -
Umw Industrial Power Sdn. Bhd. Director -
UMW (East Malaysia) Sdn. Bhd. Director -
UMW Dongshin Motech Pvt Ltd. Director 2014
Sathya Auto Pvt Ltd. Director 2014
United Seamless Tubulaar Pvt Ltd. Director 2012
UMW Oilfield International (M) Sdn. Bhd. Director -
UMW Corp. Sdn. Bhd. Director -
UMW Petropipe (Labuan) Ltd. Director -
The Ohio University Member-Beta Gamma Sigma -
The Institute of the Motor Industry Member -


Syed Hisham bin Syed Wazir: Personal Network
Name Linked companies
Choon San Yeoh Bermaz Auto Berhad
The Institute of the Motor Industry
Ahmad Fadzil bin Mohamad Hani SIRIM QAS International Sdn. Bhd.
Abdul Hapiz bin Abdullah MSM Malaysia Holdings Berhad
Azni Binti Ariffin MSM Malaysia Holdings Berhad
Puan Adibah Khairiah Binti Ismail Bermaz Auto Berhad
Muthanna bin Abdullah MSM Malaysia Holdings Berhad
Wen Han Low Bermaz Auto Berhad
Syed Feizal Syed Mohammad MSM Malaysia Holdings Berhad
Kalsom binti Abdul Rahman Bermaz Auto Berhad
Kok Chuan Lee Bermaz Auto Berhad

Hubungan China & Europe kian baik, bagus untuk pasaran saham.

https://www.ft.com/content/c2a2ef47-1d8a-4b22-b04c-2b07218fd225

CHINA's capital market will play a significant role in stimulating the vitality of rising Chinese technology companies, further nurturing the country's technological advancement and driving high-quality economic growth, experts said on Tuesday.

This is in light of the central leadership stressing the vital importance of the financial sector in serving the real economy, they added.

Of the 534 companies listed on the STAR Market, 218 are new-generation information technology companies, 108 are biomedicine companies and 88 are high-end equipment manufacturers, according to public data.

"Companies driven by scientific research results and technology innovation will be the pillar of China's high-quality economic growth," said analysts at Haitong Securities.

Zhao Xijun, co-president of the Chinese Academy of Financial Inclusion at Renmin University of China, said that China has been on the right track of guiding more capital market resources toward technological innovation over the past few years.

The registration-based initial public offering mechanism, which was first piloted on the STAR Market four years ago, has enhanced the capital market's inclusiveness. While companies not reporting profits are allowed to list on the STAR Market as long as they meet certain requirements, high-tech companies' development requirements are better met at different development stages, Zhao said.

To better facilitate China's economic recovery, more effective measures should be taken now, so that the capital market can better serve the real economy, he added.

Liu Feng, chief economist at China Galaxy Securities, said that the Chinese capital market should increase its efficiency in serving the real economy, as China stresses the importance of innovation-driven economic development.

At present, 80 percent of the capital directed to the real economy comes from banks. Although China is already the world's second-largest equities market, stocks and bonds still account for a relatively small part of aggregate financing to the real economy. This is the area that the Chinese capital market can improve to serve the real economy with greater efficiency, said Liu.

Gu Shu, chairman of Agricultural Bank of China, pointed out that traditional financial service providers, such as commercial banks, are more prudent in providing financing. But technology startups usually incur higher risks, making it difficult to attract traditional financing at the early stage, he said.

A multilevel capital management system should be established, said Wang Weidong, executive vice-president of China Development Bank.

Government investment should be mainly responsible for technologically innovative projects related to public welfare. For projects with clear market prospects, financial institutions should invest more by coming up with optimized financing products.

Policy banks can play a bigger role in getting projects that face temporary problems but ready for market operation, he said.

Qiu Yong, chairman of the Shanghai Stock Exchange, said the bourse will continue efforts to support the listing of companies with original technologies so that the companies can facilitate the development of emerging industrial clusters and the upgrading of traditional industries.

Richard Keers, chief financial officer of Schroders, said that China's further financial opening-up can facilitate the cross-border flow of venture capital and promote the country's technological innovation.

The expansion of qualified foreign limited partners, through which foreign investors can convert US dollars into renminbi and invest in RMB-denominated private markets, can provide more funding for early-stage innovation, Keers said.

The scheme can also facilitate the maturity of Chinese domestic venture capital companies, making them more proficient in evaluating Chinese startups, he added. - China Daily/ANN

at 8sen, 1mil shares = RM80K, 10mil shares = RM800K. 100mil shares = RM8mil

NEW CHAIRMAN OF PICORP, SUNGGUH HEBAT..... MORE IMPROVEMENT & BIZ FOR PICORP WITH HIS NETWORK, ETC

Syed Hisham bin Syed Wazir is a Malaysian businessperson who has been at the helm of 14 different companies and currently holds the position of Independent Non-Executive Chairman for Progressive Impact Corp. Bhd., Chairman of MSM Malaysia Holdings Bhd. and Chairman of Jaybee Drilling Pvt Ltd.

He is also Member of The Institute of the Motor Industry and Member-Beta Gamma Sigma at The Ohio University and on the board of 22 other companies.

He previously was President, Group CEO & Executive Director at UMW Holdings Bhd., Managing Director & Director at Puncak Niaga Holdings Bhd., Chief Operating Officer at Naza KIA Sdn. Bhd., Chief Operating Officer at Naza Kia Services Sdn Bhn, Director & Senior Manager at Perusahaan Otomobil Kedua Sdn. Bhd., General Manager-International Business at DRB-Hicom Export Corp. Sdn. Bhd., Managing Director at Edaran Otomobil Nasional Bhd., General Manager of Proton Corp. Sdn. Bhd., President & Chief Operating Officer of Honda Malaysia Sdn. Bhd., Senior Manager-Business Division at Perusahaan Otomobil Nasional Sdn. Bhd., Director at Toyota Capital Malaysia Sdn. Bhd. and Deputy Manager-Marketing Service at HICOM Bhd.

Mr. Bin Syed Wazir received an MBA from The Ohio State University and an undergraduate degree from the University of Plymouth.


Current positions of Syed Hisham bin Syed Wazir
Name Title Since
Bermaz Auto Berhad
(Auto Vehicles, Parts & Service Retailers) Senior Independent Non-Executive Director 2016
MSM Malaysia Holdings Berhad
(Food Processing) Chairman 2020
Progressive Impact Corporation Berhad
(Environmental Services & Equipment) Independent Non-Executive Chairman 2023
Jaybee Drilling Pvt Ltd. Chairman -
Umw Industries 1985 Sdn. Bhd. Director -
National Precision Tooling Sdn. Bhd. Non-Executive Chairman 2017
Sirim Sts Sdn. Bhd. Non-Executive Director 2019
UMW Development Sdn. Bhd. Director -
Pakar Citra Sdn. Bhd. Director -
KYB-UMW Steering Malaysia Sdn. Bhd. Director -
Aman Brothers Auto Sdn. Bhd. Director -
Castwel Auto Parts Pvt Ltd. Director 2014
SIRIM QAS International Sdn. Bhd. Non-Executive Chairman 2017
Coldfusion Engineering Sdn. Bhd. Director -
Lubetech Sdn. Bhd. Director -
UMW Pennzoil Distributors Sdn. Bhd. Director -
UMW Australia Ventures Sdn. Bhd. Director -
Umw Industrial Power Sdn. Bhd. Director -
UMW (East Malaysia) Sdn. Bhd. Director -
UMW Dongshin Motech Pvt Ltd. Director 2014
Sathya Auto Pvt Ltd. Director 2014
United Seamless Tubulaar Pvt Ltd. Director 2012
UMW Oilfield International (M) Sdn. Bhd. Director -
UMW Corp. Sdn. Bhd. Director -
UMW Petropipe (Labuan) Ltd. Director -
The Ohio University Member-Beta Gamma Sigma -
The Institute of the Motor Industry Member -


Syed Hisham bin Syed Wazir: Personal Network
Name Linked companies
Choon San Yeoh Bermaz Auto Berhad
The Institute of the Motor Industry
Ahmad Fadzil bin Mohamad Hani SIRIM QAS International Sdn. Bhd.
Abdul Hapiz bin Abdullah MSM Malaysia Holdings Berhad
Azni Binti Ariffin MSM Malaysia Holdings Berhad
Puan Adibah Khairiah Binti Ismail Bermaz Auto Berhad
Muthanna bin Abdullah MSM Malaysia Holdings Berhad
Wen Han Low Bermaz Auto Berhad
Syed Feizal Syed Mohammad MSM Malaysia Holdings Berhad
Kalsom binti Abdul Rahman Bermaz Auto Berhad
Kok Chuan Lee Bermaz Auto Berhad

picorp pun boleh,., sabar ya!

Chinese e-commerce behemoth Alibaba (NYSE:BABA) is rebounding again after being weighed down by a myriad of headwinds. Over the past three years, BABA stock has taken a hit of more than 60% but is currently trading in the green. Analysts expect a whopping 74% upside from current price levels.

The firm is back, posting impressive numbers again and reshaping its business structure. In its first quarter, it sailed past top and bottom-line estimates.

Its strong growth was led by its international commerce segment, which clocked in an incredible 29% year-over-year growth. Moreover, as its cloud segment saw a minor dip in the quarter, it climbed a remarkable 4% YOY.

The company is preparing to spin off its Cloud division by transforming it into an independent entity through a stock dividend distribution to shareholders.

The segment has proven to be a goldmine for Alibaba, with the sector’s revenue growth from 2018 to 2022 at a staggering 451%. This flourishing titan is far from slowing down.

pengerusi lama tak perform dah bungkus, new chairman new hope and chart new growth and prosperity :)

haji & hajjah tak bodoh kot? mesti tahu pengerusi baru pasti membawa berkat :)


@fl888

New Chairman also can uplift the price,,,,,,old better..

0 seconds ago

Technical indicators all suggest that the ringgit is in the oversold condition against the US dollar, so we could see ringgit appreciating today,” said Mohd Afzanizam.

A report suggested that manufacturers in South Korea and Taiwan will be allowed to maintain infrastructure in China despite U.S. sanctions against the country.

NIKKEI 225
The Nikkei Stock Average is the average price of 225 stocks traded on the first section of the Tokyo Stock Exchange where the most liquid issues are located. Base Currency: JPY
Latest Value

33,018.65
584.65 (1.8%)
Indices Information
Indices Name

NIKKEI 225

Last Close
32,434.00168.83 (0.52%)

Hang Seng
19,521.42
117.11 (0.6 %)
Hang Seng Mainland 100
5,366.25
32.23 (0.6 %)

Giliran small cap pula...terbaik

The rally is more broad-based today, which is a bullish sign if it continues," Kevin says. "I also think this is an attempt to extend what started to look like a breakout last week for the 'unloved' parts of the market this year, such as small-caps and cyclicals."

Closing Market Update: Stocks Up, Inflation Falls

A report showing an unexpectedly large drop in the inflation rate sparked a broad rally Tuesday and raised hopes the Federal Reserve will leave its benchmark interest rate unchanged at the conclusion of its June meeting tomorrow. With Tuesday's gains, the S&P 500® Index (SPX) and Nasdaq Composite (COMPX) are at 14-month highs, while the Dow Jones Industrial Average (DJIA) is at a five-month high.

Early Tuesday, the Labor Department reported the Consumer Price Index (CPI) rose 0.1% in May from the month before. Economists had expected CPI to have risen 0.2%. The 0.4% increase in the core rate, which excludes volatile food and energy prices, met expectations. On an annual basis, CPI was up 4% from a year earlier, making May's the smallest year-over-year gain since March 2021. That means the headline rate has fallen by more than half from its peak rate of 9.1% in June 2022, though it is still double the Fed's long-term target rate of 2%.

Schwab Senior Investment Strategist Kevin Gordon says many components of the headline inflation index have slowed, which triggered some enthusiasm in the market Tuesday.

Moreover, investors now seem convinced the Fed has sufficient reason to forgo another rate hike at the conclusion of the meeting of its policy-setting arm Wednesday afternoon.

"The rally is more broad-based today, which is a bullish sign if it continues," Kevin says. "I also think this is an attempt to extend what started to look like a breakout last week for the 'unloved' parts of the market this year, such as small-caps and cyclicals."

:)

Merafak Sembah dan Setinggi-Tinggi Ucapan Tahniah

Kebawah Duli Yang Maha Mulia Seri Paduka Baginda Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta'in Billah

sempena Sambutan Ulang Tahun Hari Keputeraan Rasmi Kebawah Duli Yang Maha Mulia Tuanku pada 5 Jun 2023 Bersamaan 16 Zulkaedah 1444H

Daulat Tuanku,

Menjunjung Kasih Tuanku.

Sembah takzim daripada,
Seluruh warga PICORP Group of Companies.

Semoga bukan dummy

PICORP is delighted to announce our new Chairman. The Group extends its warm welcome to Datuk Syed Hisham Syed Wazir, who has been appointed to take the helm of PICORP's BOD leadership, effective 30 May 2023. The Group is honoured to have someone of Datuk Syed Hisham's caliber and expertise to be part of the Group steering us to new remarkable heights. We look forward to working with him to achieve our goals. 🎉

Oil prices climbed more than 3%, recovering from steep losses in the previous session, after China's central bank lowered a short-term lending rate for the first time in 10 months.

China up, Malaysia would benefit as China is the largest foreign investor & trading partner of Malaysia.

"China is the key. If we start to see growth and stimulus out of China, the dollar will weaken again just like it was weakening in March and April when everyone was convinced China would see strong growth,"

Environmental, Social, and Governance (ESG) factors are becoming increasingly important in investment decisions globally, and Malaysia is no exception. The rise of ESG investing in Malaysia, the impact it's had on the performance of the stock market, and the sectors that are benefiting the most.

The S&P 500 and Nasdaq rose to fresh one-year highs, helping lift MSCI's U.S.-centric gauge of stocks across the globe up 0.84% on the day, and 11.8% for the year.

Hurray!

NEW YORK (Reuters) - Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Federal Reserve will pause hiking interest rates when it concludes a two-day meeting on Wednesday.

Mega-cap stocks have led market rally, while small-caps have lagged behind£$¥

see it as a buying opportunity

Stok china sedang terbang...kadar bunga diturunkan

Investing.com -- Most Asian stock markets rose on Friday amid optimism over the approval of a deal to raise the U.S. debt ceiling and avert a default, with Chinese markets rebounding from six-month lows on renewed hopes of an economic recovery in the country.

Buy rate 82%... terbaik

After PRN, terbang kuat..


Japan’s Nikkei 225 and TOPIX were the best performers for the day, up 1.7% and 1.3%, respectively, and also moving back towards 33-year peaks hit earlier in the week. Positive economic readings from the country, chiefly an upward revision in first-quarter GDP, also helped sentiment towards local stocks.

haji & gang could push up the price back to 35sen too... just wait n see how haji do it again :)