A brand NEW sector has come into play this year due to rising oil and energy prices around the world.
The Russia Ukraine war that started in February has made the situation worst and also pushed inflation higher.
𝐒𝐨 𝐰𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐓𝐎𝐏 𝐒𝐆 𝐬𝐭𝐨𝐜𝐤𝐬 𝐭𝐡𝐚𝐭 𝐚𝐫𝐞 𝐬𝐭𝐢𝐥𝐥 𝐢𝐧 𝐩𝐥𝐚𝐲 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐎𝐢𝐥 𝐚𝐧𝐝 𝐄𝐧𝐞𝐫𝐠𝐲 𝐬𝐞𝐜𝐭𝐨𝐫?
Joey here, Top Tier Remisier and trader in Phillip Securities.
Over the past few weeks, we have seen some profit taking in some of them while others continue to push even higher..
Which are the stronger ones you want to focus on and which can be bargains at certain attractive levels if they dip lower..
Watch this video all the way to the end as I dived into the popular 7 SG Oil and Energy stocks that i get asked quite often on.
They are Bumitama Agri, Geo Energy Res, Golden Agri-Res, Golden Energy, Rex Intl, RH Petrogas and finally Sembcorp Marine.
You will have much clearer picture of where we are and some of the key support levels that needs to hold for more upside as we move into 2nd half of this year.
Watch here >> https://youtu.be/R2nyFHl1BbU