ONE FTSE BURSA MALAYSIA KLCI OVERSOLD STOCK: CAN INVESTORS PROFIT?

Dear readers, there is currently one oversold Malaysia stock right now on the Kuala Lumpur Composite Index (FBMKLCI) of Malaysia KLSE.

This stock is none other than KLCC Property Holdings Berhad (KLCC) stock or KLSE:5235SS.

KLCC stock currently trades at MYR 7.79 which is near to its 52-week low of MYR 7.38. The dividend yield of KLCC stock is 4.88%. KLCC is a REIT listed on the Malaysian stock exchange. While KLCC stock is oversold, this does not necessarily mean that the stock will rebound anytime soon. Moreover, I suggest for Singapore investors who are not as familiar with the Malaysia stocks markets environment to carry out more due diligence

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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