Eyes on Bursa Malaysia 👀 (weekly ended 11/10/2022)

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Sharing some Investing and Economic insights:

  • With the dissolution of Parliament having been confirmed, paving the way for the much-anticipated 15th General Election (GE15), all eyes are now on Bursa Malaysia.
    • Some analysts expect knee-jerk reactions from the market in the short term – maybe this week – but said the dissolution of Parliament yesterday was good to remove political uncertainty investors may have had.
    • While political uncertainty could continue at least until the election itself has been completed, this could represent an opportunity to look at undervalued stocks in sectors such as construction, oil & gas, plantation, property and transportation.
  • Geopolitical tensions added to the uncertainty as markets waited to see how Russia might respond to the blast that hit Russia’s only bridge to Crimea in the southern Ukraine.
    • Russia has used the bridge to move military equipment and people from Russia to battlefields in southern Ukraine.
  • Raiz is about helping you save & invest more – being able to save 5% of your salary is better than earning 5% return. Having a disciplined savings habit can help improve your financial position quicker (than spending time choosing the best fund manager).

 

Do you know?

The U.S. is the world’s largest oil consumer. Second is China.

Saudi Arabia is the world’s top exporter.

 


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