Bursa Malaysia’s 2024 performance and the expected new listings in 2025
Stock market is one key reflection of the economy
To explain in super briefly and simplified manner.
When the economy is doing well, many businesses are doing well. When many businesses are doing well, they will report better performances. This will be reflected in their earnings, dividends and stock prices. They can do well because people are spending more. People are spending more because they feel confident and they are earning more.
When people are earning more, they will spend more and businesses would need to produce more. They would need to open more outlets. Thus, employment market will also be vibrant. The cycle continues to expand. This is why when the stock market is doing well, it is a lagging reflection of the economic activities.
Perhaps the next market which will be moving up will be the property market too. We will be able to see this when the total transaction numbers are published. Coming back to the stock market, it seems 2025 will be an awesome year.
Article in nst.com.my Malaysia’s equity market delivered a commendable performance in 2024, earning a solid grade close to an ‘A’, with several key milestones achieved during the year, laying the foundation for the main index to reach 1,800 points this year, with 50 new listings anticipated.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended 2024 with a 12.9% increase over the 52 weeks, making Bursa Malaysia the second-best performer in Southeast Asia, after Singapore.
In addition, the exchange recorded its highest-ever issuance of initial public offerings (IPO) and saw its market capitalisation exceed the RM2 trillion mark for the first time in May.
Bursa Malaysia achieved a significant milestone in 2024, with 55 IPO listed on the exchange – the highest number of listings recorded in the past 19 years, exceeding the initial target of 42 IPO.
This remarkable performance represents a 72-% increase over the 32 IPOs recorded in 2023. Do read the full article here: Article in nst.com.my
Warren Bufett’s Investment Tips (one of it)
Source of info: Investopedia.com
Pick Businesses, Not Stocks
Always, always weigh and analyze the business behind a stock. Try to focus on businesses you understand and of which you have some knowledge. This will help you assess where a company is going, not just where it’s been and where it is at present.
Do we know the business of the company we are buying into?
If we are buying a listed manufacturing company, do we know what do they manufacture? Do we know if the quality is good? Do we know if they are dependent on Malaysia or are exporting? Do we know if they are a world class level company for its business?
If we buying a banking stock, are we a customer? Do we feel their service is good? Are many of our friends also their customer and they love this bank too? If we are buying a banking stock and we hate their service and our friends also told us that this bank’s service is totally unreliable… do we still want to buy this banking stock?
If we do not know what we are buying into… or there’s actually no underlying fundamental to that investment we buy, then be ready to accept the risks yeah. Happy investing.
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