$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ The Market is always right!
Vanity of vanities
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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ There is time to go long, time to go short and time to go golfing...
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$IJM (3336.MY)$ Hold tight. Don't let the algo shake you out. No significant volume to sustain the sell pressure. Most probably the price will go up again by next week.
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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$Damn! With foreign capital withdrawing, the Malaysian stocks have become dull. It's better to put the money in fixed deposits.
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Vanity of vanities
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(Kuala Lumpur, 8th) Malaysia and Singapore have finally signed a formal agreement on the Johor XINJINGJI Special Economic Zone (JSSEZ). Market analysts believe that this will drive Johor to become one of the country's economic growth engines, with the local construction and industry sectors being the main beneficiaries.
Industrial analysts at CIMB Investment Bank pointed out that the Johor XINJINGJI Special Economic Zone itself is a quite attractive plan, as Johor provides an environment with lower operating costs, abundant land supply, as well as ample technical manpower and suitable infrastructure, while Singapore can bring in the necessary funds and technology for development.
"The tax incentives for businesses and individuals brought by the relevant plans, the government's commitment to creating a one-stop center to expedite all procedures, and the establishment of an infrastructure fund are all icing on the cake for potential investors."
The analyst believes that XINJINGJI Special Zone will strongly drive Johor to become the economic growth engine in southern Malaysia.
Various news related to foreign direct investment (FDI) will encourage the performance of Johor-themed stocks.
In his view, the construction and industrial sectors are significant beneficiaries of the XINJINGJI Special Zone plan, with the main preferred stocks of related themes being:
· UEM Sunlight $UEMS (5148.MY)$
· Sime Darby $SUNWAY (5211.MY)$
· Sime Darby Construction $SUNCON (5263.MY)$
· IJM $IJM (3336.MY)$
· Dialog Group $DIALOG (7277.MY)$
...
Industrial analysts at CIMB Investment Bank pointed out that the Johor XINJINGJI Special Economic Zone itself is a quite attractive plan, as Johor provides an environment with lower operating costs, abundant land supply, as well as ample technical manpower and suitable infrastructure, while Singapore can bring in the necessary funds and technology for development.
"The tax incentives for businesses and individuals brought by the relevant plans, the government's commitment to creating a one-stop center to expedite all procedures, and the establishment of an infrastructure fund are all icing on the cake for potential investors."
The analyst believes that XINJINGJI Special Zone will strongly drive Johor to become the economic growth engine in southern Malaysia.
Various news related to foreign direct investment (FDI) will encourage the performance of Johor-themed stocks.
In his view, the construction and industrial sectors are significant beneficiaries of the XINJINGJI Special Zone plan, with the main preferred stocks of related themes being:
· UEM Sunlight $UEMS (5148.MY)$
· Sime Darby $SUNWAY (5211.MY)$
· Sime Darby Construction $SUNCON (5263.MY)$
· IJM $IJM (3336.MY)$
· Dialog Group $DIALOG (7277.MY)$
...
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$HARTA (5168.MY)$ New Year's special gift package 🎁🤭
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