Malaysia Portfolio Investment Calls and Stock Market Update (12 May 2020)

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Disclaimer: This research should be used purely for informational purposes and is my own personal opinion. I bear no responsibility to whatever investment decisions taken by anyone with regards to this research.

The Kuala Lumpur Composite Index (KLCI) today is down by 0.2% to finish at 1,380 points. Most markets were down today as Covid-19 fears have reignited investor sentiments in the global economy. 

Malaysia’s GDP is expected to come out tomorrow, and most economists have forecasted that it will decline by about 1.3% to 4.2%. I foresee that markets might not react drastically, as they have already expected such a decline. 

For the Malaysian companies I am keeping track, most of them are still up. The best performing companies in terms of share price are Lotte Chemical Titan (62.7%), Padini (33.0%) and Bermaz Auto (17.2%). To date, the portfolio of companies I am keeping track on have improved to 9.8% return (8 May 2020: 8.7%). You can have a look at the companies I am keeping track on in the Google Excel sheet here or the table below.