Dear readers, which FTSE Bursa KLCI Malaysia stocks are oversold now?
As per the tagline of SG Stocks Investing: Singapore & Global, Sustainable & Growth, SG Stocks Investing is not just about Singapore stocks. SG Stocks Investing is also about the global stocks. And SG Stocks Investing’s mission is to uncover Sustainable and Growth Investing strategies.
Just as we look at the oversold Singapore Straits Times Index stocks on a regular basis, we would also be looking at the oversold stocks from the various regional and international stocks indices on a regular basis.
In this post, we look at the oversold Malaysia stocks on the FTSE Bursa KLCI to uncover Malaysia stocks which are oversold with RSI of below 30.
There are six oversold FTSE Bursa KLCI Malaysia stocks and they are as follows:
Hap Seng (3034)
HL Bank (5819)
IJM (3336)
PPB (4065)
RHB Bank (1066)
YTL (4677)
Once again, oversold stocks do not mean these stocks are poised to head north soon. On the other hand, investors may risk catching a falling knife especially when the market trend these days are inevitably bearish. The regular screening of oversold stocks be it on Singapore, US, Malaysia is just one of the ways which I keep tabs of the Singapore and international stocks markets.
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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