• Dow rises 0.5% while Nasdaq falls 0.2% on mixed sentiment at close
• Bursa Malaysia climbs 0.71% to 1,713.09
• HLIB maintains Overweight on oil and gas sector
• Stocks to watch: IOIPG, PCHEM, etc.
🇺🇸 Wall Street Summary
Market sentiment remained mixed as semiconductor and memory stocks tumbled on concerns about Chinese competition. Chinese DRAM maker Changxin Technology Group surged over 400% in its Shanghai debut, signaling intensified competition in the AI-buildout space. Additionally, TheInformation.com reported that China is developing deep-ultraviolet lithography machines, posing a threat to U.S. chipmakers.
🇲🇾 Bursa Market Insight
丰隆投资银行 (HLIB) 维持对马来西亚石油和天然气行业的增持评级，并将 Dialog Group 列为首选。该研究机构强调了支持行业前景的有利行业基本面。另外，联昌国际银行维持对电信行业的增持立场，马来西亚电信…
