Stock Market Enthusiast

CONSUMER Sector (KingKKK): Top Beneficiary of 13% Pay Bump for Government Workers? Stock price reaction on 10 stocks: APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

KingKKK
Publish date: Thu, 02 May 2024, 10:15 PM
KingKKK
0 38
Following Message

A wave of optimism rippled through the Malaysian stock exchange today as consumer-oriented stocks witnessed a surge. This positive sentiment follows the announcement by Prime Minister Datuk Seri Anwar Ibrahim of a substantial 13% salary increase for civil servants. Investors are anticipating a significant uptick in domestic consumption expenditure, fueled by the increased purchasing power of government employees. This financial windfall for civil servants arrives at a crucial moment, as the Malaysian economy grapples with global headwinds and rising inflation. The potential for a consumer spending spree could prove to be a much-needed boost, propelling the fortunes of companies heavily reliant on domestic demand.

How is the stock reaction on Thursday (2nd May)? Are they any laggard plays if you missed the top gainers like MRDIY? 

Let's explore.


Sorted by company name

Stocks
Price
Dividend (Past 12m)
Dividend yield
Share Price Performance YTD, %
APOLLO
7.04
0.85
12.07%
22.2%
BJFOOD
0.675
0.01
1.48%
11.6%
DLADY
33.7
0.50
1.48%
40.7%
F&N
31.82
0.77
2.51%
13.2%
FFB
1.46
0.01
0.68%
9.8%
GCB
2.84
0.02
0.70%
62.3%
MRDIY
1.66
0.032
1.93%
14.5%
NESTLE
127.9
2.68
2.10%
8.7%
QL
6.53
0.065
1.00%
14.4%
SPRITZER
2.37
0.0625
2.32%
28.1%


Sorted by dividend yield


ks
Price
Dividend (Past 12m)
Dividend yield
Share Price Performance YTD, %
APOLLO
7.04
0.85
12.07%
22.2%
SPRITZER
2.37
0.0625
2.51%
28.1%
F&N
31.82
0.77
2.32%
13.2%
NESTLE
127.9
2.68
2.10%
8.7%
MRDIY
1.66
0.032
1.93%
14.5%
DLADY
33.7
0.50
1.48%
40.7%
BJFOOD
0.675
0.01
1.48%
11.6%
QL
6.53
0.065
1.00%
14.4%
GCB
2.84
0.02
0.70%
62.3%
FFB
1.46
0.01
0.68%
9.8%


Sorted by share price performance YTD

Stocks
Price
Dividend (Past 12m)
Dividend yield
Share Price Performance YTD, %
GCB
2.84
0.02
0.70%
62.3%
DLADY
33.7
0.50
1.48%
40.7%
SPRITZER
2.37
0.055
2.32%
28.1%
APOLLO
7.04
0.85
12.07%
22.2%
MRDIY
1.66
0.032
1.93%
14.5%
QL
6.53
0.065
1.00%
14.4%
F&N
31.82
0.8
2.51%
13.2%
BJFOOD
0.675
0.01
1.48%
11.6%
FFB
1.46
0.01
0.68%
9.8%
NESTLE
127.9
2.68
2.10%
8.7%

1. By dividend yield, APOLLO offers highest yield at 12.1%. The lowest is FFB at 0.7%.
2. For share price performance, the highest is GCB which is up 62.3% YTD. Lowest is NESTLE +8.7% YTD.


Single day price performance on 2nd May.

Stocks
Price Performance on Thursday
MRDIY
6.41%
GCB
3.65%
DLADY
2.56%
QL
1.71%
APOLLO
0.86%
SPRITZER
0.85%
F&N
0.70%
NESTLE
0.55%
FFB
-0.68%
BJFOOD
-0.74%

More articles on Stock Market Enthusiast
10 Stocks Poised for Takeoff with BOOMING GDP (KingKKK)

Created by KingKKK | May 17, 2024

5 Things I Learned From Shangri-La Hotels (Malaysia) Annual Report 2023 (KingKKK)

Created by KingKKK | May 13, 2024

VSTECS To the Cloud: Share Price Soars on AWS Deal (KingKKK)

Created by KingKKK | May 09, 2024

FBMKLCI's Engine: How Banking Stocks Are Fueling the Market's Rise In 2024

Created by KingKKK | May 08, 2024

5 Things I Learned from the 2024 Berkshire Hathaway AGM (BONUS: How I apply it in Malaysia stocks)

Created by KingKKK | May 05, 2024

Unveiling YTL's AI Supercomputer (KingKKK): A Catalyst for Malaysian Digital Economy Growth? YTL, YTLPOWR

Created by KingKKK | Apr 27, 2024

CONSUMER sector: Malaysia's Dividend Darlings? (KingKKK): Top 10 Stocks to Weather the Storm. APOLLO, DLADY, SPRITZER, FFB, F&N, GCB, QL, MRDIY, NESTLE, BJFOOD

Created by KingKKK | Apr 24, 2024

Unfazed by Volatility: 5 Malaysia REITs with Strong Fundamentals (KingKKK) - AXREIT, CLMT, IGBREIT, SUNREIT, PAVREIT

Created by KingKKK | Apr 21, 2024

TDM: Can TDM Become A Healthcare Powerhouse? Unveiling A Hidden Gem (KingKKK) - 103% upside, Intrinsic Value 60 sen

Created by KingKKK | Apr 11, 2024

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment