Malaysia Portfolio Investment Calls and Stock Market Update (21 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 declined by 2.2% to 1,382 points, compared to the day before of 0.4% (1,413 points). Top losers for the day are Nestle (-RM2.0), Dutch Lady (-RM1.4), Carlsberg (-RM1.3), Kuala Lumpur Kepong (-RM0.7) and Panasonic (-RM0.6).

The market today declined considerably with oil prices reaching negative territory in some instances. I see this as an opportunity to accumulate more shares if things do go south more for the week.

For the Malaysian companies I am keeping track with a Buy call, most of them are still up. The best performing companies in terms of share price are Lotte Chemical Titan (34.8%), Padini (13.3%) and Bermaz Auto (12.1%). To date, the portfolio of companies I am keeping track on have moderated to 5.9% return (20 April 2019: 8.5%). You can have a look at the companies I am keeping track on in the Google Excel sheet here or the table below.