Today in my personal opinion has been a rocky day for KLSE. There were ups and downs in just one day. It started off rough and it dived quite deep into the red zone but things picked up and steered on positively at around 10:30AM onwards. It was all green and positive till noon before the negativity kicked in again.
News regarding the trading market in China and our recent political change in the afternoon would definitely be factors as to why the share market remained volatile through the whole day.
My personal pick with confidence is DIGI and I believe this counter will continue to bounce back to positive land in the near future. The good news is DIGI will be giving out the second interim dividend on 05-Aug-2015. Read more here.
Another strong share that I have mentioned previously is MITRA. This stock has been performing well for a few weeks now. Today's highest for the share was at 2.07 and it was the highest for the 52 weeks running. There's quite a lot of goodies that MITRA is giving out and if you are not aware of it, read more here.
TOPGLOV has been soaring high since 06-Jul-2015 from as low as 6.61 to 7.97 which was recorded from today's high. With the weak currency exchange, this has also boosted the expected income for TOPGLOV. Today TOPGLOV took a heavy fall of 0.35 to close at 7.55.
CIMB had a rough many weeks but today this share seemed to bounce back. The share price of 5.51 is the highest for today after slipping to 5.32 in the early session of the morning. This share in my opinion is not the most stable in terms of pricing but this counter can definitely bring you some money with the many ups and downs.
It is time to channel our focus to the US stock market later tonight. Let's see how the big players fair in their own league. It might be a rocky week but I'm sure all shall be well soon. In this game, you always have to look for the lowest and then invest in them while waiting for them to rebound. What goes down will come up again! Hopefully this is true and we shall all benefit from it. Happy Trading!
