Accessibility Widgetwhite Cathie Wood Goes Bargain Hunting: 3 StocksKey PointsCathie Wood keeps adding to Zoom Video Communications, even though the videoconferencing giant has fallen by more than half from its peak value last year.The other two names are fast-growing trading exchanges that are facing a swirl of headwinds and tailwinds at the same time.ARK Invest publishes its transactions following every trading day, giving investors an open-kitchen approach to gauge Wood's investing style.Motley Fool Issues Rare “All In” Buy AlertThe market selling off on Monday gave ARK Invest CEO, chief investment officer, and founder Cathie Wood an opportunity to add to her larger positions at a discount. Growth investors often prefer to buy into momentum stocks when they're moving higher, but th
Summary: The VIX Index, a popular measure of the stock market’s expectation of volatility and often referred to as the fear index, soared 23.55% to 25.71 (20.81 yesterday) its highest finish since May. Fears of a crackdown in China on growing concerns that the Evergrande Group, the country’s second largest property developer by sales faces a potential default. Thin liquidity exacerbated trading conditions. China was on holiday yesterday celebrating its Mid-Autumn Festival. Japan was also out, celebrating its Respect-for-the-Aged Bank Holiday. Wall Street stocks fell, with the DOW closing 1.7% lower to 33,946 (34,480). The flight-to-quality saw Treasury bond prices climb and yields tumble. The benchmark 10-year US bond yield was down 5 basis points to 1.31%. Currency markets were mixed, wit
Opcom Holdings Berhad1) Opcom Holdings Bhd is a Malaysian based investment holding company engaged in the manufacturing of fibre optic cables and cable-related products2) The business activity of the group is functioned through the following segments:-a) Manufacturingb) Trading and Engineering Servicesc) Other Operations3) All the operations are functioned through Malaysia and it derives the majority of revenue from Manufacturing segment which includes fibre optic cables, systems, accessories and thixotropic gel4) The company also provides management related services5) In addition, the company is also involved in trading of cable filing, flooding compounds and industrial products, and provision of engineering services6) Opcom is the major listed optic fiber manufacturer in Malaysia7) In 20
Opcom Holdings Berhad1) Opcom Holdings Bhd is a Malaysian based investment holding company engaged in the manufacturing of fibre optic cables and cable-related products2) The business activity of the group is functioned through the following segments:-a) Manufacturingb) Trading and Engineering Servicesc) Other Operations3) All the operations are functioned through Malaysia and it derives the majority of revenue from Manufacturing segment which includes fibre optic cables, systems, accessories and thixotropic gel4) The company also provides management related services5) In addition, the company is also involved in trading of cable filing, flooding compounds and industrial products, and provision of engineering services6) Opcom is the major listed optic fiber manufacturer in Malaysia7) In 20
*RHB♦️Investment Bank Bhd**_22nd September 2021_**Dow Jones* : 33,919.84⬇️ 50.63 / 0.15%*Nasdaq* : 14,746.40⬆️ 32.49 / 0.22%_ Stocks end mixed after Evergrande losses; Nasdaq leads with gain of 0.2%_*GOLD PRICE* : 1,774.97⬆️ 10.53 / 0.60%*WTI CRUDE OIL* : 70.56⬆️ 0.27 / 0.38%*BRENT OIL* : 74.69⬆️ 0.77 / 1.04%*USD/MYR* : 4.18*CORPORATE NEWS*•Home improvement retailer *MR DIY Group (M) Bhd* has embarked on its "Poket Selamat 7" campaign to ensure members of the public have affordable and accessible personal protective gear to stay safe as offices and businesses around the country reopen and as students prepare for a return to school in October. The retailer said effective from Sept 15, 2021, three-ply face masks are priced at RM5/box (down from RM5.90/box previously), while face shields are
Market rebound attempt fails as Dow closes in the red on Tuesdayhttps://www.cnbc.com/2021/09/20/stock-market-futures-open-to-close-news.html?__source=iosappshare%7Cnet.whatsapp.WhatsApp.ShareExtensionU.S. stocks on Tuesday fought to rebound from Monday’s rout, but failed as the Dow Jones Industrial average trended lower for most of the session and closed in the red.The Dow Jones Industrial average lost 50.63 points, or 0.15%, to 33,919.84. The S&P 500 shed about 0.1% to 4,354.19, following its worst day since May on Monday. However, the Nasdaq Composite rose 0.2% to 14,746.40 as investors bought some major tech shares like Apple on the dip.
Market rebound attempt fails as Dow closes in the red on Tuesdayhttps://www.cnbc.com/2021/09/20/stock-market-futures-open-to-close-news.html?__source=iosappshare|net.whatsapp.WhatsApp.ShareExtensionU.S. stocks on Tuesday fought to rebound from Monday’s rout, but failed as the Dow Jones Industrial average trended lower for most of the session and closed in the red.The Dow Jones Industrial average lost 50.63 points, or 0.15%, to 33,919.84. The S&P 500 shed about 0.1% to 4,354.19, following its worst day since May on Monday. However, the Nasdaq Composite rose 0.2% to 14,746.40 as investors bought some major tech shares like Apple on the dip.