Bursa Pilot 18 AUGUST 2021 Market Analysis ~ KLCI as predic | Bursa Pilot Group

Bursa Pilot
18 AUGUST 2021 Market Analysis

~ KLCI as predicted yesterday will be having a rebound for the next coming few days as market have stabilize abit.

~ Technology sector will be slightly quiet as they will be having a rest from their strong surge, but their potential is still there in the mid term.

~ Though, certain technology leaders would appear to still have quite some opportunity like GREATEC, MPI and VITROX.

~ As market begin to rebound, we will be seeing rebounds and decent movements in many of the sectors.

~ However, among the many sectors, metal related counters and generally some recover counters should be the better performers.

~ We can see stocks like PRESTAR and PMETAL had very decent movement today. While recovery counters like AEON and MSM also had strong movements recently.

~ Many of these is mainly due to the recent decision of our government to begin phase 1 of the recovery where several non-essential economic activities are allowed to operate.

~ So this decision will indicate the beginning of the entire economic recovery theme and so we can start to see all of these recovery related counters begin their move.


Show your support by joining the groups below

Telegram Channel:
t.me/bursapilotgroup

Public Chatroom:
t.me/bursapilotclub