The Covid 19 pandemic has been affecting the performance of all the listed companies and the stock market. During the MCO lockdown, workers could not go to work. As a result, all the listed companies have been making less profit and a few companies have been losing money.
The rapid increase in the number of vaccinations has reduced the number of Covid 19 cases as shown on the 2 charts below.
The chart below shows the performance of KLCI during the Covid 19 pandemic which started about 2 years ago. KLCI closed at 1,543.11 which is much higher than when Covid 19 began to spread in Malaysia about 2 years ago.
Since the number of daily new Covid 19 cases is reducing, there will also be fewer movement restriction and KLCI should perform better in 2022.
AYS should be able to make more profit.
Currently there is practically very few or no more MCO lockdown. As a result, workers especially construction workers can go to work and all the listed companies especially AYS should be able to make more profit in 2022.
I trust this article will help my readers make good investment decision.
Chart | Stock Name | Last | Change | Volume |
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Created by Koon Yew Yin | Jul 22, 2024
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Strategists From Goldman Sachs to UBS Say Buy Dip in Stocks
https://www.bloomberg.com/news/articles/2022-01-11/goldman-sachs-to-ubs-wealth-strategists-say-buy-dip-in-stocks
2022-01-11 21:52
sensonic
Post removed.Why?
2022-01-10 14:50