FBM KLCI - closed higher for the seventh consecutive session above 1,600

Stocks on Bursa Malaysia ended higher yesterday with the benchmark FBMKLCI finished higher for the seventh consecutive day to close above the 1,600 psychological level, accumulating gains of 5% during its seven-day rally. Read more >>

How Do Beginners Trade Stocks in Malaysian Market?

 Entering the financial world is not difficult at all. You need to have basic knowledge of investment, when the market is bullish and when it is bearish, market sentiments and you are good to go. Also, the returns on investment are calculated on the basis of risk. Higher the risk, the higher the returns.

So if you are new to trading, you must be wondering how to trade stocks in Malaysia. So here are some of the basic things that you must know before making any investment in the stock market. Also, we have answered a few common queries that beginners might have in the stock market.

What is the minimum amount to start trading stocks?

There is no minimum amount to start trading stocks. You can start with any amount. Although all this will depend on your strategy of stock trading and the broker that you want to use. So you can start trading with any amount but a sound trading strategy will help you to generate good returns in the market.

Also if you want to start trading in the Malaysia market you need to hire an investment advisor and also a market signal provider. They can guide you and give you proper recommendations about the stock market. They can also give you daily trading tips that will be beneficial to generate good returns in the market.

How much do I need to invest to make a profit in a month?

The key to making money in the stock market is to stay invested in the stock market. Your time in the market is the best indicator of profits generated in the market. The average return provided by the stock market is 10-12% annually. But there are many investors who fail to generate a return of even 10%.

The only reason for this is that they don’t stay for a long period of time. So if you are a beginner to the market, it is important to understand the market trend. It is also important to understand the time of investment and exit strategy for a particular stock.

With all this information you will be able to enter the market successfully, invest a good amount, and generate good returns in the course of time.

The timing of entering and exiting the market is very crucial. A stockbroker or a market signal provider is the best source to get this information. They are experts in this field and with their detailed research, they will help you to find a suitable time for investment. They will also train you about when to hold an investment and when to sell it off.

How to Collect Profit Even When The KLSE Market is Down?

  If you are new to investing, it can be hard to find the best stock suitable for your needs. It is important to have all the tips and techniques that ultimately work in your favor so that you never lose your money in the KLSE Stock Market.

One of the important share market strategies is to invest in undervalued stocks. Undervalued stocks are the ones selling at a discounted price, relative to their intrinsic value. This strategy is called value investing where you invest in undervalued stock with the hope that the prices will rise to their appropriate intrinsic value.

These Bursa Stock picks will help you to generate good returns in the market. If you want to get a consistent and predictable return from the KLSE Stock Market, you will love this guide in which we have compiled some of the Best Performing Stocks.

Follow these Five KLSE Stock Picks of 2021:

#1. AmanahRaya REIT
#2. Focus Lumber Berhad
#4. Poh Huat Resources Holdings Berhad
#5. GDB Holdings Bhd

Bursa Noon Market Report by Money Life Research

 Noon Market

Bursa ends morning session in positive territory

KUALA LUMPUR (April 8): Bursa Malaysia ended the morning session in positive territory on persistent buying support for heavyweight stocks, led by the healthcare counters.

At the lunch break, the FBM KLCI was 1.69 points better at 1,602.28 from yesterday’s close at 1,600.59.

The index opened 0.78 of a point easier at 1,599.81, and moved between 1,599.51 and 1,609.39 throughout the morning session.

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However, on the broader market, losers led gainers 519 versus 486, while 419 counters were unchanged, 732 untraded and 25 others suspended.

Total volume stood at 4.54 billion shares worth RM2.61 billion.

“The FBM KLCI is able to sustain above the 1,600 today, but sentiments remain tepid on the absence of any clear buying catalysts.

Singapore’s Straits Times Index edged up 0.05 per cent to 3,197.49, Japan’s Nikkei was 0.25 per cent easier at 29,747.46, Hong Kong’s Hang Seng was up by 0.83 per cent to 28,913.50, and South Korea’s Kospi fell 0.04 per cent to 3,136.49

Back home, heavyweights Maybank fell 18 sen to RM8.30, Public Bank shed two sen to RM4.20, Petronas Chemicals slipped 10 sen to RM7.85, Tenaga reduced four sen to RM10.22 and IHH Healthcare was down eight sen to RM5.32.

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Bursa opens easier but rebounds thereafter

 bursa malaysia stock tips

KUALA LUMPUR (April 8): Bursa Malaysia opened easier but rebounded thereafter today, attempting to extend yesterday’s gains, despite the flat overnight performance on Wall Street.

The US stock markets staged a modest recovery after the US Federal Reserve signals no changes to the current bond-buying program.

At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.02 points to 1,602.61 from Wednesday’s close of 1,600.59.

The index opened 0.78 of-a-point easier at 1,599.81.

“We believe the foreign buying support yesterday may continue to lift FBM KLCI members in the near term. Given the higher oil prices resulting from the recovery of global economy, coupled with the smooth ongoing COVID-19 vaccination, it should bring some optimism to the market.

“The key index may have a positive bias moves over the near term with the resistance envisaged along 1,615 to 1,635, while the support level is set at 1,565 to 1,575.

It added that sector-focus traders will still look out for the recovery-theme sector such as consumer, aviation, tourism, construction and property on the back of the ongoing vaccination plan on the local front.

Of the heavyweights, Public Bank gained three sen to RM4.25,  Petronas Chemicals added four sen to RM7.99,  while Maybank fell eight sen to RM8.40, Tenaga shed two sen to RM10.24, and IHH Healthcare was flat at RM5.31.

Among the active counters, Luster Industries and its warrant added one sen each to 24.5 sen and 14.5 sen, respectively, DGB Asia and Pasukhas Group edged up half- a-sen each to 6.5 sen and three sen, respectively, while Permaju was flat at 22 sen.

Sector-wise, the Industrial Products and Services Index edged up 0.24 of-a-point to 195.12, the Financial Services Index slipped 15.5 points to 15,363.71, while the Plantation Index went down 17.48 points to 7,060.43.

Mid- Morning Market Report- Money Life Research

The main index of Bursa Malaysia reversed its earlier gains and dipped in the mid-morning as glove makers and plantation stocks dragged against a backdrop of mixed regional markets.

At 10am, the FBM KLCI had fallen 2.82 points to 1,582.08. The index earlier rose to a high of 1,590.47.

The decliners included Nestle (Malaysia) Bhd, Kuala Lumpur Kepong Bhd (KLK), Supermax Corp Bhd, Unisem (M) Bhd, Top Glove Corp Bhd, PPB Group Bhd, United Plantations Bhd, and Batu Kawan Bhd.

The actively traded stocks included i-Stone Group Bhd, Trive Property Group Bhd, Luster Industries Bhd, QES Group Bhd, Iris Corp Bhd, and Fintec Global Bhd.

The gainers included Malaysian Pacific Industries Bhd, Genetec Technology Bhd, See Hup Consolidated Bhd, and Hong Leong Bank Bhd (HLB).

E-mini futures for the S&P 500 and Hong Kong's Hang Seng Index futures were essentially flat, while Japan's Nikkei 225 futures inched 0.1% higher, it said.

Bursa Malaysia Stock Tips