Catch-up game

TheStar Sat, Oct 02, 2021 10:10am - 2 years View Original


Buying opportunity: Investors monitoring stock prices at a private gallery in Kuala Lumpur. The current weakness of the local bourse offers an opportunity to accumulate fundamentally-sound stocks to ride on the eventual upturn in activities.

THE Malaysian stock market may be lagging behind its peers now. But this could also mean that there is an opportunity for local equities to play catch up towards the end of this year and into 2022.

As it stands, most analysts remain optimistic that Bursa Malaysia could recoup its losses in the final three months of 2021, although they concede that the recovery path will be wrought with volatility.

One fund manager notes the current weakness of the local bourse offers an opportunity to accumulate fundamentally sound stocks in order to ride on the eventual upturn in activities.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 7.460
CIMB 6.700
GENM 2.650
INARI 3.110
KENANGA 1.080
PENTA 4.130
PMETAL 5.390
SUNWAY-PA 3.070
TM 6.110

Comments

Login to comment.