Election fever pushing up politically-linked stocks


MyEG Services Bhd - Political connection is one thing but for this company that started out as a government concession, it now seems to offer every service under the sun.(filepic)

PETALING JAYA: With election fever heating up, stocks that are politically-linked have started showing signs of strength despite the volatile global market.

Coupled with the fact that most stocks have fallen, thanks to the Dow Jones’ steep correction in the last two weeks, it might be a good idea to start positioning oneself in stocks that are deemed beneficiaries of the ruling government.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Stocks , politically , linked , stocks , MyEG , CMS , KUB , Snchorcaps , Kwantas ,

Next In Business News

Yen climbs as traders watch for further intervention
Foreign investors return to net buying with RM11.1mil net inflows
Ringgit opens higher against US$ ahead of key US economic data
FBM KLCI slips in start of August trading, crude futures tumble 7%
Trading ideas: Oxford, MISC, Duopharma, SCIB, WCT, E&O, Komarkcorp, Unisem, F&B, Bina Puri, Genting Plantations, Eco-Shop, Jetson, One Glove
Oil tumbles as Trump cancels attack on Iran to reach nuclear deal
Polymer engineering demand key to Texchem’s outlook
Pecca to expand capacity, boost aviation segment
ESG alone unlikely to lift property valuations as returns remain key
Tasco posts RM7.2mil profit in 1Q27

Others Also Read