What are blue chips in Malaysia?
What are blue chips in Malaysia?
A blue chip stock is usually an older, well-established company that has a reliable history of weathering against tough times and of growing profits. Examples include: MAYBANK, TOPGLOV, TENAGA and PCHEM.
Is Maybank blue chip?
Stocks that have the highest market shares in Bursa Malaysia. Most of them make up the FBMKLCI index….Blue Chip.
| Stock | MAYBANK [NS] |
|---|---|
| Market Cap (M) | 98710 |
| Trailing PE | 13.0 |
| Altman-Z | 0.1 |
| FCON | 0.65 |
Is it smart to invest blue chips?
Blue chip funds offer an easy way to build diversified exposure to high-quality stocks, and these equities can be particularly good investment vehicles for people who are in or nearing retirement because they tend to be less volatile than individual stocks.
Who is Blue Chip Fund?
Blue chip funds are equity mutual funds that invest in stocks of companies with large market capitalisation. These are well-established companies with a track record of performance over some time. However, as per SEBI norms on mutual fund categorisation, you don’t have an official category called Blue Chip funds.
Is YTL blue chip?
Traded under stock code 4677 in Bursa Malaysia, YTL Corp is a blue-chip counter where it has businesses not only within the country but overseas as well.
Which companies are called blue chip companies?
As per market capitalisation, India’s leading blue chip companies today are State Bank of India (SBI), Bharti Airtel, Tata Consultancy Services (TCS), Coal India, Reliance Industries, HDFC Bank, ONGC, ITC, Sun Pharma, GAIL (India), Infosys, and ICICI Bank.
Is Coca Cola blue chip?
For example, Coca-Cola is a blue chip company that might not suffer from a recession because many choose to drink its products, regardless of economic conditions. Blue chip companies are known to have very stable growth rates.
Are bluechip funds good?
As these funds have underlying securities of stable companies, they are considered to be less risky than mid and Small cap funds. Historically, these funds have performed well in the most market conditions. Many investors prefer Investing in bluechip funds as they are known for its stability over the long-run.
What are blue chip clients?
Blue chips are successful businesses that can be trusted to perform well and operate profitably even under adverse market conditions. Examples of blue chip companies in the UK include HSBC, Unilever, Tesco, Vodafone and AstraZeneca.
What are Malaysia’s blue chip stocks?
Similarly, Malaysia’s blue chip stocks are from established companies like Maxis, CIMB and Genting to name a few. Typically, a blue chip stock will make up the component of a market index. For example, if you were to look at Kuala Lumpur Composite Index (KLCI) stocks, you’d find companies like CIMB, Maxis and other major companies.
What are the returns on blue chips stocks?
The returns on blue chips stocks are proportional to their risks, i.e., low-risk low returns. Blue-chips stock provides a high degree of investment safety from their steady business operations with a low-risk investment. Because of this, blue chips stocks are not suitable for aggressive investors who are looking for high returns.
Are blue chip companies a good investment for a portfolio?
On the other hand, blue chips tend to be stable and not significantly influenced by these market conditions even during recessions, and are a good option for capital preservation. They’re a great way to balance out the volatility in your investment portfolio. Since blue chip companies are also past the growth stage,…
How do you identify blue chip companies?
Several specifications can be considered to identify blue chip companies. They include a well-established company with a consistent annual revenue over a long period, a stable debt-to-equity ratio, the average return on equity (RoE), interest coverage ratio, market capitalization, and price-to-earnings ratio (PE).
