Malaysia Portfolio Investment Calls and Stock Market Update (14 April 2020)

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 rallied by 1.2% to 1,372 points, compared to the day before of -0.1% (1,356 points). Top gainers for the day are Nestle (+RM2.2), Carlsberg (+RM1.8), Heineken (+RM1.3), Allianz (+RM0.6), and Panasonic (+RM0.5).

The market today was quite bullish, as the market priced in the impact of good news from China’s trade data in March 2020. China’s exports contracted by 6.6%, much lower compared to economist estimates of -14.4% (CNBC). IMF global growth outlook will be coming out soon tonight, and I am expecting some sell-off tomorrow morning. For people interested in this, please go to my post here.

For the Malaysian companies I am keeping track with a Buy call, most of them are up in line with the general market. The best performing companies in terms of share price are C.I Holdings(7.5%), Padini (5.9%) and Cahya Mataa Sarawak (5.8%). To date, the portfolio of companies I am keeping track on have improved to 1.8% return (13 April 2019: 0.9%). You can have a look at the companies I am keeping track on in the Google Excel sheet here or the table below.