Latest news with #marketrebound
Malay Mail
24-05-2025
- Business
- Malay Mail
Modest rebound for Bursa next week on selective bargain hunting, says analyst
KUALA LUMPUR, May 25 — The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to see a modest rebound next week on continued bargain hunting after recent losses. Mohd Sedek Jantan, UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research, said the recovery would likely be limited, driven by domestically focused sectors that stand to benefit from consumption-led growth and ongoing fiscal support. 'However, in the absence of a fresh macro or policy catalyst, upside momentum may prove limited near the psychological resistance level of 1,555. Beyond this threshold, trading activity may taper as market participants reassess valuations and risk-reward dynamics,' he told Bernama. For the week just ended, Bursa Malaysia rebounded from its six-day losing streak on Friday as bargain-hunting emerged to improve risk sentiment. On a Friday-to-Friday basis, the barometer index fell 36.37 points to 1,535.38 from 1,571.75 a week earlier. The FBM Emas Index dipped 271.99 points to 11,474.05, the FBMT 100 Index slipped 239.6 points to 11,233.10, and the FBM Emas Shariah Index declined 247.96 points to 11,426.22. The FBM 70 Index lost 352.15 points to 16,350.26, and the FBM ACE Index fell 149.92 points to 4,615.94. Across sectors, the Financial Services Index lost 385.07 points to 18,102.58, the Industrial Products and Services Index was 5.64 points easier at 154.04, and the Energy Index shed 18.61 points to 710.77. The Plantation Index shrank 55.28 points to 7,330.3, and the Healthcare Index gained 46.45 points to 1,833.89. Turnover eased to 14.05 billion units valued at RM11.28 billion from 14.98 billion units valued at RM12.68 billion in the preceding week. The Main Market volume fell to 7.14 billion units worth RM10.06 billion against 7.46 billion units worth RM11.37 billion. Warrant turnover was lower at 5.13 billion units worth RM645.54 million against 5.59 billion units worth RM703.66 million a week ago. The ACE Market volume narrowed to 1.78 billion units valued at RM563.52 million from 1.93 billion units valued at RM601.97 million. — Bernama
Globe and Mail
15-05-2025
- Business
- Globe and Mail
Searching for U.S. industrial stocks outperforming in a market rebound
U.S. industrial stocks outperforming in a market rebound. The Dow Jones Industrial Average has rebounded strongly since April 22, now trading within 6 per cent of its record high from earlier this year, buoyed by recent gains following positive trade developments and investor optimism. In terms of sector performance, the U.S. industrial sector stands out as the top performer in 2025, with the Industrial Select Sector SPDR Fund (XLI-A) up just over 8 per cent year-to-date, outpacing all other major U.S. sectors, including utilities and financials. This surge reflects renewed market appetite for cyclical and economically sensitive stocks as confidence returns to the broader market. Given this backdrop, a quantamental approach, blending quantitative screens with fundamental analysis, can help uncover high-quality industrial stocks that are well positioned to benefit from the sector's momentum and the broader market's upward trend. Using Trading Central's Strategy Builder, we screened for U.S.-listed industrial stocks with a market capitalization above US$5-billion, focusing our search on the sector's largest and most established companies To identify companies efficiently utilizing shareholder equity to generate profits, we required a minimum return on equity (ROE) of 10 per cent over the past year, ensuring our screen focused on businesses demonstrating strong financial management. We added a cap on the company's debt-to-equity ratio at 1 to focus on financial stable businesses with lower risk of financial distress. Finally, we established a minimum rating of 50 out of 100 using Trading Central's Quantamental rating, which evaluates stocks on a scale of 1 to 100, with 100 indicating the most bullish and 0 the most bearish sentiment. TC Quantamental ranking incorporates a blend of valuation, growth, quality, price momentum and income metrics as essential criteria when assessing a company's ranking. For informational purposes, we have also included the recent stock price, earnings-per-share growth last quarter compared with the prior year, dividend yield and year-to-date and one-year returns. Trading Central is a global leader in financial market research and investment analytics for retail online brokers and institutions. Its product suite provides actionable trading ideas based on technical and fundamental research covering stocks, exchange-traded funds, indexes, forex, options and commodities. Strategy Builder, our stock screener is available through leading retail brokers in Canada and worldwide. Topping our list is Crane Co. CR-N, an industrial products manufacturer known for its robust financial health and impressive growth profile. Crane delivered a remarkable 63.39-per-cent earnings growth last quarter and has returned 17.2 per cent over the past year, reflecting strong price momentum. With a debt-to-equity ratio of just 0.15, the company maintains a conservative balance sheet, making it a compelling choice for investors seeking both stability and upside in the industrials sector. UL Solutions Inc. ULS-N, a global leader in independent testing, inspection, and certification services, stands out on our list for its exceptional return on equity of 41.07 per cent, the highest on our list, reflecting the company's strong profitability and efficient capital use. The stock is trading near record-highs since releasing their quarterly results back on May 6. Trane Technologies PLC TT-N, a leader in climate innovation, has the largest market cap on our list at US$93.59-billion. The company delivered 40.53-per-cent earnings growth last quarter. With a debt-to-equity ratio of 0.64, Trane Technologies offers a compelling blend of growth, income and balance sheet strength in the construction and engineering space. The stock posted an all-time high this week. Trading Central Strategy Builder provides a backtesting capability to evaluate how well an investing strategy would have worked in the past. Using a five-year historical period with quarterly rebalancing, the screen described had a 19-per-cent annualized return compared with 12 per cent for the Dow Jones Industrial Average Index and 15 per cent for the S&P 500 Index. The investment ideas presented here are for information only. They do not constitute advice or a recommendation by Trading Central in respect of the investment in financial instruments. Investors should conduct further research before investing. Gary Christie is head of North American research at Trading Central in Ottawa.
Bloomberg
12-05-2025
- Business
- Bloomberg
Busy Week for Muni Debt Sales Tests Investors Wading Into Market
A wave of municipal-bond sales scheduled for this week will test a recent rebound in buyer demand after investors sold their holdings during April's market rout. Roughly $14 billion of muni debt is scheduled to come to market over the next five days, according to data compiled by Bloomberg. That is running about 70% higher than the average weekly volume over the last five years.
