Summarize Malaysian stocks in the first half of 2024
It has been 4 and a half years since the outbreak of the epidemic. Let's review the trends of the 13 major Malaysian stock sectors in the past:
2020:4 up 9 down
2021:4 up 9 down
2022:6 up 7 down
2023:7 up 6 down
2024:12 up 1 down
This year's good weather is because it used to be really bad, but now it's a matter of suffering. The planting sector was still rising slightly in the first few weeks, but this year's three major blue-chip planters KLK, IOICORP, and SDG all fell by 3-7%, and the index was eventually dragged down by 0.4%.
There are 1,032 Malaysian listed companies, and the number of rising stocks is close to 600, which means that close to 60% of stocks have risen. The past two years have been quite difficult to operate against the trend. In 2024, the data center really boosted the entire Malaysian stock market. With the blessing of heaven and time, location, and people, the chances of making money this year have increased dramatically.
The construction company contracted a data center construction contract, sold electricity to the data center and YTLPOWR operated the data center, and sold the industrial land to the data center. Finally, it was the technology sector's turn to benefit a little from AI. The 4 sectors with the biggest gains in the first half of the year were all directly or directly related to DC and AI.
This year's market is relatively well-funded compared to before the pandemic (2020 special situation, national equity investors), and local funds are also very strong. The author is very satisfied with the investment portfolio for the first half of the year, and I am grateful for the blessings of the stock market.
There are still plenty of opportunities in the second half of the year, but the increase will not be as exaggerated as from April 16 to mid-June. After all, the valuations of many companies have increased, and better profits are needed to support future stock price movements. China's export data has begun to resume growth, and contracts in the construction and oil and gas sectors are also very impressive. In the second half of the year, it is expected that undervalued growth and strong stocks will still perform. Let's all work hard.
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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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