27 February 2025
FBMKLCI: 1,588.71 (+20.68)
Support: 1,556, 1,546
Resistance: 1,600, 1,618
Bursa Top Gainers:
CDB (+3.2%), PCHEM (+2.7%), MRDIY (+2.7%)
Bursa Top Losers:
NESTLE (-1.7%), PMETAL (-0.40%), KLK (-0.19%)
Bursa Trade Statistics
Local Institutions (42.31%): +RM24.53m
Local Retail (17.51%): -RM6.41m
Foreign (40.18%): -RM18.12m
Global Equity Indexes
MSCI Asia : 188.94 (+1.20, +0.64%)
NASDAQ : 19,075.26 (+48.87, +0.26%)
S&P500 : 5,956.06 (0.81, +0.01%)
DJIA : 43,433.12 (-188.04, -0.43%)
USD/MYR : 4.4277 (+0.0122)
SGD/MYR : 3.3095 (+0.0025)
Crude Oil : $72.53 (+3.37)
Gold : $2,918.23 (-5.91)
US stocks were mixed after the close on Wednesday, as gains in the Technology, Utilities and Industrials sectors led shares higher while losses in the Consumer Goods, Telecoms and Healthcare sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.43%, while the S&P 500 index climbed 0.02%, and the NASDAQ Composite index gained 0.26%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,386 to 1,380 and 92 ended unchanged; on the Nasdaq Stock Exchange, 1,806 rose and 1,471 declined, while 147 ended unchanged. (Source: Investing.com)
Stocks To Watch:
1) HARBOUR (KLSE: 2062)
Technical BUY with +13.7% potential return
* Last: RM1.46 TP: RM1.57, RM1.66 SL: RM1.34
* Timeframe: 2 weeks to 2 months
* Shariah: NO
2) HARNLEN (KLSE: 7501)
Technical BUY +29.5% potential return
* Last: RM0.39 TP: RM0.475, RM0.505 SL: RM0.345
* Timeframe: 2 weeks to 2 months
* Shariah: YES
3) JHM (KLSE: 0127)
Technical BUY with +30.8% potential return
* Last: RM0.39 TP: RM0.475, RM0.51 SL: RM0.335
* Timeframe: 2 weeks to 2 months
* Shariah: YES
Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.
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