Summary of BURSA Malaysian stocks in May
#感恩马股的回馈
#在对的时候还呆在股市
Over the past week, I've spent a lot of time reading the financial reports of different companies, and I'm also compiling some data on Malaysian stocks. After a busy few weeks, the 24Q1 quarterly summary has finally come to an end, so you can slow down 👣 adjustments.
In the past, one month was rarely summed up, but May, when the 2024 Ninth National Games began, was really a month that needed to be recorded. Because this May was really crazy, it also gave some rewards to the shareholders who had been waiting for a long time in Malaysian stocks. Over the past 5 months, the index has experienced 4 significant pullbacks.
The first was the limit down storm in January. After the pullback, the index sprinted close to 80 points from the bottom. Due to the increase quite a bit, the February earnings season began to be liquidated, but there was not much of a pullback.
The third pullback was the conflict between Israel and Iran in April. At that time, the index pulled back less than 2%, but many small and medium stocks pulled back by 10-20%. After the bottom was formed on April 16, the index rose close to 100 points over a month later, breaking through a 3-year high.
This wave of rising tide covered blue-chip stocks to small and medium-sized stocks, and Malaysian stocks ushered in an all-round rise 📈. Despite a correction in the past week or so, all 13 major sectors in Malaysia have risen, and there has been no decline. This is a scene I haven't seen in the past 10 years, and it also made shareholders who stick to Malaysian stocks laugh. Including the author myself, I also experienced the best May for Malaysian stocks in 12 years. Thanks for the rise of Malaysian stocks, we just stayed in the stock market at the right time.
The May results came to an end. The profits of 20 of the 30 blue chip stocks increased. Assuming that IHH and TENAGA's one-time profit and foreign exchange profits were deducted from IHH and TENAGA's Q1 last year, the operating profit of these two companies grew by YOY, which also meant that the profits of 22 of the 30 blue chip stocks grew.
Bank stocks such as PBBANK and RHBBANK, which experienced a year-on-year decline in performance, fell 3.5% and 4.1%, respectively, and the decline was not significant. Other companies include NESTLE, IOICORP, KLK, PPB, PETDAG, and AXIATA.
Among blue chip stocks, the overall Q1 profit of bank stocks broke through a record high. Electricity, telecommunications, Petronas series, and consumer travel were all good. After experiencing this round of correction, the Q1 performance was the best fuel for the index, helping to hit the next peak. 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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