The Malaysian currency fell below a 26-year low, yet foreign investors increased their entry into the Malaysian stock market?
Affected by the expectations of the Federal Reserve meeting, the Malaysian currency depreciated once again and fell below a new low since the 1998 financial turmoil. The exchange rate for the Singapore dollar continued to hit new lows. Our compatriots on the other side are laughing and working, yet the money we earn continues to depreciate. No wonder there are more and more voices of dissatisfaction
However, foreign investors entered the Malaysian stock market in large numbers at this time. According to trading records for the past 20 days, foreign investors made a total net purchase of MYR 1.4 billion, while maintaining a buying status since the opening of the market in February. They seem very confident about the Malaysian stock market. Coupled with topics such as Johor, high-speed rail, Sarawak, and big data appearing one after another, many related companies have risen quite a bit, and some have even doubled several times
Following the trend, the Malaysian Composite Index broke through a 1-year high. It can be said that it has officially entered the “Maverick Market” state. Investors who have been able to hold from last year to today have definitely made quite a bit of money
In fact, there are business opportunities behind every crisis. For example, the depreciation of the Malaysian currency actually favors the recovery of tourism. For example, Malaysia Airport, Genting, and Genting Malaysia have also silently broken through 1-year highs
It depends on who knows how to seize opportunities and get the benefits they deserve. I also believe that learning to look at everything optimistically will definitely be quite rewarding in the future
Here, too, I wish everyone a breakthrough in Maverick Market. Happy New Year of the Dragon
However, foreign investors entered the Malaysian stock market in large numbers at this time. According to trading records for the past 20 days, foreign investors made a total net purchase of MYR 1.4 billion, while maintaining a buying status since the opening of the market in February. They seem very confident about the Malaysian stock market. Coupled with topics such as Johor, high-speed rail, Sarawak, and big data appearing one after another, many related companies have risen quite a bit, and some have even doubled several times
Following the trend, the Malaysian Composite Index broke through a 1-year high. It can be said that it has officially entered the “Maverick Market” state. Investors who have been able to hold from last year to today have definitely made quite a bit of money
In fact, there are business opportunities behind every crisis. For example, the depreciation of the Malaysian currency actually favors the recovery of tourism. For example, Malaysia Airport, Genting, and Genting Malaysia have also silently broken through 1-year highs
It depends on who knows how to seize opportunities and get the benefits they deserve. I also believe that learning to look at everything optimistically will definitely be quite rewarding in the future
Here, too, I wish everyone a breakthrough in Maverick Market. Happy New Year of the Dragon
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“投资，是人生必学的一门课”
我是一位90后的马股投资者，乐于分享上市企业的看法，透过教育提升大众对投资的认知🤝🏻
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