Politically-linked stocks show signs of strength on the election fever

myeg

The politically-linked stocks have started to show signs of strength on the back of election fever heating up, despite the volatility of the global market, reported by The Star.

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

The first stock to detect is MyEG Services Bhd as the company which started out as a government concession has now seemed to offer every service under the sun – plus, political connection is one thing.

Currently, commercial services, not government concessions, contribute 70 per cent to its bottom line.

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