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 was up by 0.4% to breach the 1400 level. Markets in the Asia region were mixed with the Philippines Stock Exchange declining by 2.0%, while the Nikkei was up by 0.6%. In Europe and United States, the DAX was down by 2.0%, while the Dow Jones was up by 1.6%. 

US’s retail numbers came out worse than expected in April (16.4%; Forecast consensus: 12.3%). The US is moving to restrict chip sales to Huawei as tensions between US and China escalates again. However, oil prices have rebounded recently, with WTI Crude Oil at 28.8 currently.

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 (54.2%), Padini (30.1%) and Cocoaland Berhad (13.5%). To date, the portfolio of companies I am keeping track on have improved to 7.0% return (14 May 2020: 6.6%). You can have a look at the companies I am keeping track on in the Google Excel sheet here or the table below.