Although heavyweight blue-chip stocks face some selling pressure, they are being dragged down $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$The Composite Index showed a situation where it was unable to continue to rise, but it remained unchanged at 1,600 points.
In contrast, the field of medicine and health care presents a different landscape. Among them, the most outstanding performance is the top gloves $TOPGLOV(7113.MY)$The stock price rose to nearly 4%, reaching a maximum of 93.5 cents.
Of course, the popularity of stock price trading may be related to the Civil Service Pension Fund Board (KWAP). From the original withdrawal from the ranks of majority shareholders, that is, the shareholding ratio was only 1.22% on October 6, 2022, it has now returned to 5%.
As for other glove stocks, they also recorded good gains.
$HARTA(5168.MY)$
$KOSSAN(7153.MY)$
$SUPERMX(7106.MY)$
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.

$Lucid Group(LCID.US)$ has no shot in Europe or China. $Tesla(TSLA.US)$ may have snuck up on BMW/MB/Audi, lucid will not. That luxury EV thing they are trying to fly will not work in Europe. China is about to launch its own homegrown luxury sedans. Lucid’s future is a niche North American luxury Bev maker. An electric Maserati at best. Maybe 50,000 cars a year mostly in North America. Market cap $30 to $40 billion

I really believe $NVIDIA(NVDA.US)$ is the one company that should be valued similarly to an $Apple(AAPL.US)$. Market capitalization wise NVDA is 1/4th the company Apple is. I think by having such a range of operations like thriving B2B AND B2C businesses NVDA has a ways to go until it’s fairly valued. Long NVDA on momentum, growth, and value. 5 star pick IF we can have this frothy market hold

For the record, I own both $Intel(INTC.US)$ and $Advanced Micro Devices(AMD.US)$. While they are undoubtedly fierce competitors, I don't compare them today head-to-head..because if you do, AMD wins. They are executing. INTC has not executed well. Under Gelsinger, I believe INTC will be back strong over time. Then it gets interesting. In the meantime, I am up several hundred % on AMD and buy on dips and I get paid a nice dividend for INTC while they get their game back.

Let's compare the daily trading of $Tesla(TSLA.US)$ with that of $GameStop(GME.US)$, the most famous WSB darling and meme stock.
Tesla:
- Average volume 24.7M
- Today's price $1116
- Average daily $$ volume traded $27.5B
GameStop:
- Average volume 2.6M
- Today's price $212
- Average daily $$ volume traded $550M
The average daily dollar volume trading in Tesla is 50 TIMES that of GameStop. So no, retail investors are not driving up the trading price of Tesla shares like they have in meme stocks like GameStop.