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13 Major Sectors Vs KLCI Composite Index

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HarryTeo wrote a column · Jun 9 10:17
13 Major Sectors Vs KLCI Composite Index
$FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$
#绿油油

Entering June 2024, Malaysian stocks quickly recovered from the previous pullback. Mainly because after the opening of trading in May, the bad ones were liquidated, and those with good results were also recovered. Moreover, judging from the performance of 30 blue-chip stocks, the future of the index will be driven by a northern advance.

The composite index rose 11.2% in 2024. Only 5 areas performed less than the market, all with an increase of less than 10%. They are planting, industrial trusts, telecommunications media, consumer, and financial services.

Compared to FCPO's price fluctuations, the performance of planting stocks in Q1 was mixed, so the index increase temporarily came to an end. However, when the stock market is good, industrial trusts, which are defensive dividends, cannot attract much capital, and the market will be more biased towards popular and growth stocks. The consumer and telecommunications industries rose 8.1%, seeking merit but seeking nothing more.

The financial sector, due to its huge market capitalization, rose by only 8.2%, but it was the sector that drove the index to rise the most. Because before SUNWAY entered blue-chip stocks, bank stocks dominated 7 seats in the top 30, accounting for more than 40%.

The top 3 are still utilities (electricity infrastructure), construction, and industry. The energy sector, which had previously broken into the top 3, fell to 6th place because the market feared that oil prices would fall due to weak oil demand. Transportation and logistics have already rushed to 4th place due to the increase in freight rates over the past 2 months and busy Malaysian port business, and will be a strong challenger in the top 3 in the future.

Meanwhile, technology also washed away the previous shame of Q1. Q2 rebounded strongly, directly rushing from the bottom of the list to 6th place. With the contribution of IHH and gloves, healthcare's Q2 performance was also remarkable. Meanwhile, the industry is led by PMETAL. Coupled with the recovery in export data, the overall performance of industrial manufacturing stocks has been boosted.

Now that capital is constantly flowing in the market, companies with performance and growth will become the focus of the market. In a bull market, stock traders can fly. Valuable and growing companies won't be ignored by the market; they will make a difference when the time is right. Mutual encouragement.
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投资座右铭:价值为主,技术为辅,心态之上 在股市拥有超过10年的经验,主要是通过科技以及制造出口领域累积财富。
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