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Showing posts from August 5, 2024

Riding Out the Bear Market Storm: A Survival Guide

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Market downturns are an inevitable part of the investment landscape. While these periods can be unsettling, they also present opportunities for savvy investors. By understanding common mistakes and implementing effective strategies, you can navigate bear markets with greater confidence and resilience. Understanding the Bear Market Beast Bear markets, characterized by prolonged periods of declining stock prices, can instill fear and uncertainty among investors. It's essential to recognize that these downturns are cyclical and have occurred throughout history. While the emotional toll can be significant, maintaining a level head is crucial for making sound investment decisions. Common Bear Market Mistakes Investors often make impulsive decisions during market downturns. Let's examine some common pitfalls: Mistake Solution Panic Selling Adopt a Long-Term Perspective. Remember, market downturns are temporary. Focus on your financial goals and investment horizon. Dollar-Cost Avera

#MondayMorning Corporate News Roundup - 5 August 2024

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Market Overview A bearish sentiment swept across Asian markets last Friday, with the KLCI plunging 13.20 points to close at 1,611.05. All sectors experienced losses, led by construction, technology, and property. The index is now testing the crucial 50-day EMA, and its ability to hold above this level will be a key indicator of market direction. Corporate News WCT Holdings Bhd plans to raise RM163 million through a private placement to fund ongoing construction projects and repay debt. Perak Transit Bhd aims to secure RM1.5 billion via a perpetual Sukuk Wakalah to fuel its expansion and working capital needs. Proton Holdings Bhd is set to launch its first EV model by the end of the year.  Yinson Holdings Bhd completes its billion-dollar capex cycle with the delivery of three FPSO vessels, expanding its fleet to nine. Binastra Corp Bhd secures a RM160 million contract to build an office complex in Damansara Perdana. AwanBiru Technology Bhd wins a RM9.97 million deal to provide Google Wo