Millions of Chinese investors rushed into July's stock market rally

 China reported the largest number of new stock investors in five years in July, as millions of individuals rushed into a buoyant share market, boosting trading turnover and brokerage earnings.

It represents a 60 per cent jump from a month earlier and a year-on-year increase of 124 per cent, according to the China Securities Depository and Clearing Corp (CSDC).

Investors sought high returns in a stock market that jumped over 10 per cent in July, helping boost turnover. Stamp duty income from securities trading rose 35.3 per cent year-on-year during the first seven months, compared with a 8.7 per cent fall in fiscal revenues as coronavirus hit the economy, official data shows.

[LATEST] KLSE Stock Best Dividend

 

 Due to the recent escalation of Covid-19 cases in Malaysia, the stock have been reacting negatively.

As smart investors, we should stay calm, assess the situation and make a decision that will benefit us in the long term. Never buy or sell with your emotions. Most stocks are under pressure selling right now, we need to be careful not to follow the crowd.

What we need to do is to select the best companies (stocks) and buy in stages.

We have compiled all the KLSE blue chips stocks, looking  at the dividend yield and some fundamental and technical evaluations.

So investors need to add some other investment that can possibly give higher dividend.

To know how w do this click - 

To get your portfolio analysed click here.

How to use Technical Analysis to read Market Trends

We use technical analysis to detect trends in security prices. The theory to this is that stock prices are a matter of supply and demand. We use charts to interpret stock history. By evaluating price and volume, we may predict future movement of stocks based on past trends.

Identifying Trends: Our Market Experts use technical analysis to boost your returns.This method involves the study of price and volume data to predict the future trends of stocks.

Look for patterns: The next step is to review what major support and resistance levels stand in the way of the trend. Price patterns are predictable because they repeat over time.

Take for Probability: Our team uses this tactic to assess stock behavior, to see better returns on your investments.