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The importance of the Malaysian stock market breaking through 1,600 points
The Malaysian FTSE Composite Index (FBMKLCI) surpassing 1,600 points is a moment worth celebrating. Lin Jincheng LIM KIM CHENG believes that this not only marks the recovery of the Malaysian stock market, but also reflects the return of confidence in the market. The last time KLCI was above 1,600 points was on April 29, 2022. After more than two years of struggle, it finally reproduced 1,600 points, which is really difficult. At the same time, the total market value of the Malaysian stock market also broke through the RM2 trillion mark, indicating an increase in the overall wealth of the market.
This breakthrough is good news for investors of all kinds. Securities held by large institutional investors such as the Provident Fund Authority (EPF), National Investment Agency (PNB), and Treasury Holdings (KHAZANAH) soared in value, bringing significant benefits to their asset portfolios. More importantly, many retail investors have also benefited, and small investors who have held blue-chip stocks for a long time have gained a lot from this wave of markets.
At the beginning of March, Lin Jincheng LIM KIM CHENG recommended investing in the public to buy shares of high-quality listed companies, wait for the stock value to surface, and earn considerable wealth. According to further predictions, KLCI is expected to reach between 2,500 and 3,000 points within the next three to five years, so now is the best time to buy shares of high-quality listed companies.
The driving force behind market breakthroughs
Lin Jincheng LIM KIM C...
The Malaysian FTSE Composite Index (FBMKLCI) surpassing 1,600 points is a moment worth celebrating. Lin Jincheng LIM KIM CHENG believes that this not only marks the recovery of the Malaysian stock market, but also reflects the return of confidence in the market. The last time KLCI was above 1,600 points was on April 29, 2022. After more than two years of struggle, it finally reproduced 1,600 points, which is really difficult. At the same time, the total market value of the Malaysian stock market also broke through the RM2 trillion mark, indicating an increase in the overall wealth of the market.
This breakthrough is good news for investors of all kinds. Securities held by large institutional investors such as the Provident Fund Authority (EPF), National Investment Agency (PNB), and Treasury Holdings (KHAZANAH) soared in value, bringing significant benefits to their asset portfolios. More importantly, many retail investors have also benefited, and small investors who have held blue-chip stocks for a long time have gained a lot from this wave of markets.
At the beginning of March, Lin Jincheng LIM KIM CHENG recommended investing in the public to buy shares of high-quality listed companies, wait for the stock value to surface, and earn considerable wealth. According to further predictions, KLCI is expected to reach between 2,500 and 3,000 points within the next three to five years, so now is the best time to buy shares of high-quality listed companies.
The driving force behind market breakthroughs
Lin Jincheng LIM KIM C...
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