We need to know what are the industries that are gaining in the new normal? How about industries that are losing? Are you guys ready? If ready, say aye!
Industries that are gaining: Rubber gloves, healthcare & technology
Several industries that are booming since the spread of Covid-19 are healthcare and rubber gloves industries. As expected - both of these industries have been leading the rally due to their products being essential untuk lawan against Covid-19 pandemic. With hand sanitisers, medical rubber gloves and face masks are on-demand, no wonder lah these two industries have been climbing up in the stock market. We mean, everyone has these items in stock at their houses, right?
Other than that, there also has been a rise in the technology sector. This is because more consumers have turned to online platforms to get their household food necessities and products. Just like investors, consumers are now more careful and cautious in their daily activities - with social distancing and all.
ALSO READ: 5 Things To Invest In During A Recession
Industries that are losing: Tourism, aviation & consumer goods
Some companies will face troubles in these times. Especially as they couldn’t do business as usual (but, what to do?) and therefore doesn’t bring in much profit.
For industries like tourism and aviation, they are currently trying nak restart their business. That’s why the next 6 to 12 months are important untuk tengok whether these companies can make it or not especially Malaysians can now travel domestically - cues in lagu OST Cuti-cuti Malaysia (so, sapot lokal k?).
Okay, now let’s see the stocks that are gaining profits and the ones that don’t in this new normal...You can see from the trends in the following images which are gaining and losing stocks to watch out for!
5 stocks that are gaining…
3. Supermax Corporation Berhad
As for 5 stocks that are losing…
So, what’s next for investors?
When it comes to prospects, nothing is quite certain. The stock that you have might be trending at the moment might fall in the future or worse, tomorrow (which is scary k!).
After all, investment is tricky and risky even if you decide to buy it and hold it. As we all know, to be a great and successful investor, one needs to have great decision-making skills.
Therefore, if you are an investor, what is your process? Do you analyse each decision carefully before making one or not? Do you have anyone that can advise you? If you’re about to invest, have you educated yourself on everything related to investing and the stock market? To help, we suggest you read this article to learn more about being an investor in the new normal (and pandemic).
You guys (especially new investors) should definitely take note yang nothing is certain in the stock market. It means that just because your stock had a good morning, it doesn’t mean that your stock will have a good evening.
Hence, it is very important to be hyper-alert and vigilant of your investment. If you’re not careful, you might end up losing all of your investment (it can go kaput - just like that!). Trust us, nobody wants that.