Analysts: Focus on ‘oversold’ stocks


MIDF

PETALING JAYA: Bottom-fishing opportunities have emerged in the equity market, with oversold stocks seen as one of the few silver linings for local investors this year.

Pundits recommended investors to focus on stocks that were sold down heavily last year amid the macroeconomic risks and market volatility that showed no immediate sign of waning.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
oversold stocks , shares , Strategy , AllianceDBS , Research ,

Next In Business News

Guan Huat Seng slips on ACE Market debut
Cabnet wins RM15mil Johor electrical jobs
CelcomDigi’s connectivity initiative for IOI Corp plantations completed
BNM keeps OPR at 2.75% as expected
AMS Advanced Material gets approval for listing
Cautious optimism amid macro uncertainty
CIMB wins plaudits for ESG,�inclusivity efforts
Elevated supply weighs on oil and gas industry
Sabah contract reinforces Steel Hawk track record
Hock Soon aims to raise RM60mil from IPO

Others Also Read