Malaysia - Market Strategy

[behappyalways]

The stock market is so bullish that it reaches 1,600 points. Is the "May Curse" out of order?

马股牛气冲天冲上1600点 “5月魔咒”失灵了？ | 八点最热报 10/05/2024

https://m.youtube.com/watch?v=ycJLniXDiGo

[winston]

Is the market rally sustainable?

By RISEN JAYASEELAN

10.5% gain year-to-date and 16.4% over the last 12 months.

Net foreign fund inflows in recent weeks.

There is the low base element — our market has been in the doldrums for nearly a decade.

(GLICs) were instructed by the government to focus more on domestic investments rather than taking their money out of the country.

EPF's new investment annual allocation has increased to above 70% for the domestic market. It stood at 64:36 at the end of 2022.

Still untapped investment opportunities within Malaysia, including sectors like DCs and industrial logistics.

For there to be a sustained rise in our market, earnings of listed companies need to continue to improve, following on from the impressive first quarter of the year (1Q24).

Source: The Star

https://www.thestar.com.my/business/bus ... ustainable