musang
commented on a stock · Jun 13 12:15
$CAPITALA (5099.MY)$ crude oil price spike, middle east tens...
$CAPITALA (5099.MY)$ crude oil price spike, middle east tension, india air crash...no good news for aviation industry for now.
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103046862 : Also to add on, tourism visit is falling, economy is not doing well, people are being laid off and cutting expenses. US is banning foreign students. Protectionism is spreading across every country. - All this affects Aviation demand.
kunlam86 : What does it matter? Anyway, Malaysian stocks are like mud that can't be propped up. When stock markets around the world rise or oil prices fall, Malaysian stocks drop; when there are wars around the world and oil prices rise, Malaysian stocks drop even more severely. The KLCI has been the same as the national economy for a decade.