tag:blogger.com,1999:blog-16264003691028288592024-03-05T19:07:47.379+08:00Bursa Malaysia (KLSE) Daily Info Edge ZoneMalaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia ShareUnknownnoreply@blogger.comBlogger23125tag:blogger.com,1999:blog-1626400369102828859.post-24661959510960949312010-07-12T08:11:00.004+08:002010-07-12T08:29:46.613+08:00This Week Will Be Full Of Good News<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/TDphxHdqBBI/AAAAAAAADMY/bjMagy1y3po/s1600/2010Jul-FBMKLCI-800x600.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 300px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/TDphxHdqBBI/AAAAAAAADMY/bjMagy1y3po/s400/2010Jul-FBMKLCI-800x600.png" alt="" id="BLOGGER_PHOTO_ID_5492810191976662034" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />This week I think a lot of good news will flow out to push FBM KLCI go higher because big money need to sale share in high price to retail investor after World Cup end. A short team bull run may likely to happen by this week, short term investment may bring profit by giving extra attention on the vol done.<br /><br />FDI fund have start to flow in into Malaysia share market due to OPR up 0.25%, all this FDI fund will spaculate in share market to made profit from Malaysian retail investor. They did not come here to setup businuss but just want to made fast money due to exchange rate and manipulate the share.<br /><br />I think if you got a lot of time showing the share, you may make so money from this short term bull run but if you want to long term investment, I think better wait for the market to dip. All printed money from US and Euro will flow into market by this week and next so sure market will up after that gold price will fly sky high. If by that time economic still down in US & Euro, I think only War will help then to recover.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-19096387338396532992009-11-16T09:39:00.002+08:002009-11-16T10:10:59.287+08:00Maxis Will Be List In FBM KLCI<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/SwCtgYg6dZI/AAAAAAAACUs/uZETiPzZehQ/s1600-h/2009Nov-FBMKLCI-640x708.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 362px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/SwCtgYg6dZI/AAAAAAAACUs/uZETiPzZehQ/s400/2009Nov-FBMKLCI-640x708.png" alt="" id="BLOGGER_PHOTO_ID_5404510324692514194" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />This week Maxis share will list on Malaysia stock exchange on Thursday 19 Nov 2009 and the next day, Friday will list in the FBM KLCI, the % of weight still not know yet but I think it will be at top 5 share. For FBM KLCI to hits 1,300 by year end Maxis share weight on FBM KLCI must be big. Up to date base on fund flow out from Malaysia, FDI is not buying this type of windows dressing on Malaysia economic by speculative FBM KLCI index so it also mean the real economic of Malaysia only goverment know.<br /><br />However to benefit from FBM KLCI move higher, share like Bursa and Bursa warrant likely to bounds up. The sign of FBM KLCI will move up will be Bursa vol move high without price going up to0 high.<br /><br />This week also be economic report such as 3Q09 GDP release, the Consumer Price Index for Oct and the international reserves as at 13 Nov, will all due on Friday 20 Nov 2009. Financial result announcement for this week will be Parkson, KLCC Property, MRCB, RHB Capital, WCT, BAT, YTL Power, Telekom, Plus and PPB. Likely all will be good news.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-82829558959633501832009-10-06T08:35:00.004+08:002009-10-06T08:55:30.096+08:00FBM KLCI Up 10 Point At Last Minute Market Closing<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SsqRwoxeg5I/AAAAAAAACEg/Tk9c0Kc8-KY/s1600-h/2009Oct-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SsqRwoxeg5I/AAAAAAAACEg/Tk9c0Kc8-KY/s400/2009Oct-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5389280168866907026" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Yesterday FBM KLCI close high with up 10 point at last minute before market close and the up is dominance by CIMB and KLK only. Before closing KLK jump high with last done 17.00 and push FBM KLCI up 6 point. I really not understand why KLK jump so high, may be some new will flow out today.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/SsqTIXdMGOI/AAAAAAAACEw/P8JF0OTdR08/s1600-h/KNM2.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 300px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/SsqTIXdMGOI/AAAAAAAACEw/P8JF0OTdR08/s400/KNM2.bmp" alt="" id="BLOGGER_PHOTO_ID_5389281676046899426" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />CIMB also push up FBM KLCI, with about 3% increasing will push FBM KLCI up 2 point so as long as goverment hold the top 5 share, FBM KLCI will be fully controled and loss the true picture of Malaysia economic.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1626400369102828859.post-31964832752719201942009-10-01T08:49:00.003+08:002009-10-01T09:18:27.137+08:0042% Vote FBM KLCI May Enter Correction In Oct<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/SsP9qgS22UI/AAAAAAAACCA/MfE2byqq_co/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/SsP9qgS22UI/AAAAAAAACCA/MfE2byqq_co/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5387428485930604866" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Yesterday FBM-KLCI close just a bit above 1,200 level so today will be vary impotent day for FBM-KLCI to hold on 1,200 and if any drop below it may cause some panic selling. China will be in holidays so most of the attention may put on US market and in this few day US market is not so good however gold market is getting better, Gold price just hits back to USD1,000. This may be a sign of market bounds back by end of OCT.<br /><br />The poll is closed and the result is as below:-<br /><br /><span style="font-weight: bold;">"What is the next level for FBM KLCI in October 2009"</span><br /><ul><li>28% is 1,300</li><li>24% is 1,250</li><li>6% is 1,200</li><li>42% is Enter correction</li></ul>almost half the vote go to FBM KLCI is enter correction so hopefully may make some profit on it. Thanks for all your vote. Wish all the best and make profit in OCTUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-7451460941328209342009-09-30T07:43:00.005+08:002009-09-30T08:11:47.970+08:00FBM KLCI broken 1,200 level may cause panic sellingRisk appetite remains low. There is plenty of confidence data out yesterday for the economy, business and consumers — both in the US and Eurozone. The trend should continue to signal recovery in confidence, from very low levels. With the commodities market still nervous, any data below expectations might cause more selling. Equities rebounded on yesterday but the rally did not continues in US.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SsKgmS26gDI/AAAAAAAACAo/cA3IU7oDM2s/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SsKgmS26gDI/AAAAAAAACAo/cA3IU7oDM2s/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5387044684046172210" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />However, European equities are struggling, and the futures market signals the same for US equities. The general trend in US treasury yields has been lower since the start of last<br />week. The yield on the 10-year US treasury is now at 3.30%, after touching 3.50% last week Monday. The bond market remains well bid, and signals a bearish view on the economy. Although we see more weakness for the dollar towards year-end, support for US treasuries could support the dollar today.<br /><br />Back to Asia, China will celebrate 60th anniversary of communist rule on tomorrow and the market react caution about it so I think today FBM KLCI will move sideways and if broken 1,200 level may cause some panic selling.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1626400369102828859.post-82362356065578906282009-09-28T08:03:00.003+08:002009-09-28T10:15:42.136+08:00FBM-KLCI Correction Could Be In The Horizon<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/Sr_9Ydygh3I/AAAAAAAAB_4/3r8-C9md9Pw/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/Sr_9Ydygh3I/AAAAAAAAB_4/3r8-C9md9Pw/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5386302276113565554" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />As we near the end of 3Q09, FBM KLCI likely to move sideways, even after rising 13% since end-Jun. Base on some report statistic, this rates KLSE stock exchange as the third worst performing market among the 11 Asian markets that report tracked, better than only Japan (+3%) and China shares listed in Hong Kong (+10%).<br /><br />The top winners in the current quarter are Korea (up 22% quarter-to-date), Thailand (+21%) and Indonesia (+21%). On a year-to-date basis, we have fared even worse – at the second lowest rung (up 39%) just ahead of Japan (+16%) – way behind the best performers like Indonesia (up 80% so far this year), India (+73%) and Thailand (+60%). This statistic show that foreign investor is not going to invest into Malaysia like as before economic crisis. I think Malaysia goverment have note this early by change KLCI index base on 100 share to 30 share and FBM-KLCI index can be control by top 5 share out of 30 component share so that the index will not drop a lot compare with other 11 Asian markets.<br /><br />How worst Malaysia economic in real I think only government will know. However the Malaysia government need to keep the index in good shape even how worst it is due to political reason so I think profit still can get in ours share market. Forward to domestic themes ahead, focusing on specific events like the 2010 Budget, the announcement of a National Automotive Policy (NAP, likely in Oct) and the impending listing of mobile telecommunication heavyweight Maxis (by year-end) will likely to give some energy to the index.<br /><br />Closer on the calendar, on Wednesday (30 Sep), the monthly banking statistics for Aug will be out. And this Friday (2 Oct), an update on the business transformation plan by Malaysian Airline System – a laggard among the index component stocks – is scheduled to be held.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SsAcJT20wrI/AAAAAAAACAA/x6N_tPOa6mI/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 336px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SsAcJT20wrI/AAAAAAAACAA/x6N_tPOa6mI/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5386336100609737394" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Meanwhile base on HwangDBS report, supposing that the FBM KLCI has already plotted a fresh (temporary) peak on the chart last week, a correction could be in the horizon. Still, if recent history repeats itself, any market pullback is expected to be shallow (down by less than 7%) and short (extending fewer than seven days). Essentially, the benchmark index’s uptrend pattern – as guided by a rising channel comprising higher highs and higher lows – seems set to stretch on.<br />Technically speaking, should our market slide the first and second support lines are seen at 1,190 and 1,160, respectively. Beyond the consolidation phase, we reckon the FBM KLCI will get back in position to overcome 1,230 (the immediate resistance barrier) before sizzling its way towards 1,255 (its next resistance target).Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-56343165134231770562009-09-14T09:02:00.002+08:002009-09-14T09:14:03.540+08:00Will Hari Raya Rally Continues This Week<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/Sq2YxrkHqBI/AAAAAAAAB7A/jnQpTGlnM6M/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/Sq2YxrkHqBI/AAAAAAAAB7A/jnQpTGlnM6M/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5381125109052844050" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />With FBM KLCI closing at last Friday on 1,208 most of us will think will the Hari Raya rally continues this week? Most of the big fund if they want to cash out for Raya bonus should done it by last week due to they need time to cash out from bank so likely they will cash out from market in this week so Market will supported. However Hari Raya is just around the corner so activity in share market may likely to slow down so market may likely to maintained.<br /><br />For me it will unlikely the market to drop below 1,200 point by this week.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-47549937467703568812009-09-12T10:03:00.000+08:002009-09-12T10:03:00.159+08:00FBM-KLCI Likely To Hits 1250 Point<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SqoFiPjIAyI/AAAAAAAAB6w/28y4wjSBzEk/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SqoFiPjIAyI/AAAAAAAAB6w/28y4wjSBzEk/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5380118790695027490" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Base on the chart thing is getting better and also good news is flowing out from US and China about economy recovery. By using chart analysis FBM-KLCI may hits 1250 in this rally after that most of the fund manager likely to cash out they bonus for this year and do some windows dressing till end of 2009. When the fund manager cash out the money so myself also will follow due to after that during they go in the share price normally will drop, same old word "Buy Low and Sale High"Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-33712085863609305902009-09-08T16:45:00.004+08:002009-09-08T16:58:16.118+08:00FBM-KLCI Hits Day High 1,200 After Gold Price Hits USD1,000 Per Oz<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SqYZ6MUihAI/AAAAAAAAB5I/4rTowdl0_Go/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SqYZ6MUihAI/AAAAAAAAB5I/4rTowdl0_Go/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5379015292471116802" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SqYbtpasg0I/AAAAAAAAB5Q/8u-iyAub7Fg/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 310px; height: 95px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SqYbtpasg0I/AAAAAAAAB5Q/8u-iyAub7Fg/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5379017275966522178" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />FBM-KLCI form 3 W patten since March 2009. Ever end of the W patten is a bounds up, will the rally continues after hits 1,200 level? We will need to wait and see.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-73130944905291822472009-09-08T11:39:00.003+08:002009-09-08T12:11:47.583+08:00Will FBM-KLCI Form A Second Time W Patten?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SqXSRxIy7AI/AAAAAAAAB4Y/6tKesWFGVbw/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SqXSRxIy7AI/AAAAAAAAB4Y/6tKesWFGVbw/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5378936532653763586" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Since beginning of March 09 bull rally, FBM-KLCI form a W patten before jump more higher to 1190 level, however during that time KLCI 100 index also change to FBM-KLCI which only count base on 30 share and this W patten form in a month time. Now look like FBM-KLCI is also forming a second W patten but will the index jump high again?<br /><br />I think likely the index will jump up again after forming a double bottom or W patten but the level will not been that high like the first W patten and likely will drop back if the index hits 1200 level due to doubt about the sustainability of global economic recovery. Due to the same reason investors may seek refuge in gold by changing they investment in share into gold.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SqXZXN6bPAI/AAAAAAAAB4g/izdcqPz1r6g/s1600-h/908_gold.jpg"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 280px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SqXZXN6bPAI/AAAAAAAAB4g/izdcqPz1r6g/s400/908_gold.jpg" alt="" id="BLOGGER_PHOTO_ID_5378944322858859522" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />By yesterday US gold futures hit a six-month high of US$1,000 (RM3,500) and spot gold also rose to six-month high yesterday as the dollar’s weakness, concerns about the sustainability of the global economic recovery and worries about inflation underpinned sentiment. Along with currencies, analysts were watching stock markets to gauge gold’s direction. A sell-off in equities on concerns about the economy could boost gold’s safe-haven appeal.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-43673873232367606022009-09-03T07:58:00.005+08:002009-09-03T08:21:03.806+08:00More Down Side FBM-KLCI Will Go<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Sp8Hy_nNixI/AAAAAAAAB2Y/4P25YsijkB4/s1600-h/2009Sep-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Sp8Hy_nNixI/AAAAAAAAB2Y/4P25YsijkB4/s400/2009Sep-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5377025052754414354" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />They are some bad and good news flow out since begin month of August but in Asia especially Shanghai Index had continues drop and above 20.5% correction. For Malaysia FBM-KLCI, the index still hold above support line 1150 and I think more down side will go due to base on the chart I did not see any bounds up sign yet.<br /><br />Now most of the fund manager is cashing out their profit from share market and I think they not done yet. However share sure will bounds and correction. I think when FBM-KLCI drop below 1150 we can start buy in some good quality share due to the economic is on the way of recovery so the share will bull run again by year end.<br /><br />Now share market is correction and now gold market is about to start again it bull run to hits USD1,000 per oz.<br /><br /><a href="http://malaysiagoldinvestment.blogspot.com/">For more Gold Investment Info click here...</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-5279749416446076352009-08-26T20:10:00.000+08:002009-08-26T20:10:00.101+08:00Foreign Investors Turned Net Sellers In July 2009<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/SpTuPMBf9dI/AAAAAAAAB0I/c4bso7qdh9k/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 399px; height: 257px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/SpTuPMBf9dI/AAAAAAAAB0I/c4bso7qdh9k/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5374182200052807122" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Citing EPFR Global’s data, CIMB Research said Malaysia saw a net outflow of US$120.8 million (RM424 million) in July, below is the flow along year 2009:-<br /><ol><li><span style="color: rgb(255, 0, 0);">US$182.8 million in January-</span><span style="font-weight: bold; color: rgb(255, 0, 0);">Flow out</span></li><li><span style="color: rgb(255, 0, 0);">US$56.5 million in February-</span><span style="font-weight: bold; color: rgb(255, 0, 0);">Flow out</span></li><li><span style="color: rgb(255, 0, 0);">US$144.8 million in March-</span><span style="font-weight: bold; color: rgb(255, 0, 0);">Flow out</span></li><li><span style="color: rgb(0, 153, 0);">US$36 million in April - </span><span style="font-weight: bold; color: rgb(0, 153, 0);">net inflow</span></li><li><span style="color: rgb(0, 153, 0);">US$154 million in May - </span><span style="font-weight: bold; color: rgb(0, 153, 0);">net inflow</span></li><li><span style="color: rgb(0, 153, 0);">US$25.6 million in June - </span><span style="font-weight: bold; color: rgb(0, 153, 0);">net inflow</span></li></ol>Base on the data, the out-flow is more than in-flow so foreign fund is slowly move out from Malaysia share market and this is not good. Now this FBM-KLCI index level likely been supported by government and with thin support from foreign fund, if the fund continues flow out for August and September ( I think likely in red ) target year end index at 1,200 point will unlikely to happen.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-86729272383191109082009-08-24T07:31:00.002+08:002009-08-24T07:59:51.602+08:00FBM-KLCI Enter Correction Zone<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SpHRW7UQuII/AAAAAAAAByo/A_4cTyfRUow/s1600-h/2009Aug-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SpHRW7UQuII/AAAAAAAAByo/A_4cTyfRUow/s400/2009Aug-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5373306022239713410" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Finally the bull run start at March 2009 is about to end for a correction however due to now the FBM-KLCI is base on 30 share and most of it is GLF so the correction will be limited and supported by government big fund like EPF, Amanah Saham & more.<br /><br />Compare with share market around Asia, Malaysia share market in % change is small, up or down also limited due to Malaysia market polisi is controlled by government big fund. Due to this reason Malaysia share index is did not show a good picture about Malaysia economic status and foreign fund is more prefer to invest their money in another South East Asia country.<br /><br />So to make profit now is the time. Invest into 30 share inside FBM-KLCI index during this correction, government will push up the share when Asia share market move up to show that Malaysia economic is grow together with most of the Asia country. One thing good is now the index did not show the real economic situation inside Malaysia so if Malaysia economic is low and bad as long as another country like Thailand, Singapore, Indonesia, China and Japan move up sure Malaysia FBM-KLCI index will move up. If found 30 share inside FBM-KLCI share price is too high so buy they warrant.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-16015825179359139362009-08-17T20:51:00.000+08:002009-08-17T20:51:00.277+08:00FBM KLCI Close At Red Sea<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SokatW1gxvI/AAAAAAAABug/IU7h7Z2Mdz4/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 157px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SokatW1gxvI/AAAAAAAABug/IU7h7Z2Mdz4/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5370853397142488818" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Today out of 30 share only 2 share keep out from the red. FBM-KLCI drop almost 20 point along with Asia market drop. The index had moving up for some time already and now is the time to do some correction.<br /><br />Over all the market is recovery so for me I will buy in into the market in ever big drop like today. After this drop I think FBM-KLCI will go side way for this month of August due to it is a month of "Puasa" so usually share will move higher during Hari Raya.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-43273341111091403322009-08-13T07:33:00.003+08:002009-08-13T07:56:35.589+08:00Asia Market Likely To Technical Correction On This WeekAsia market had going up since begin of April till now without a technical correction only move sideways during early of July before countinuen move up, same thing happen to Malaysia share market.<br /><br />As most of us know the economic crisis is over and now is on the way to recovery process, I see warrant market is bound up strongly since last week and myself had invest into AMMB-CD and IOICRP-CJ to hope get fast profit. Warrant is a good tool to make money when market is go up with investor comfident level is high, however how the market bound up strongly it still need to correction so ever correction is a oppocunity to buy in. H1N1 still is the risk in investing into market now.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-1626400369102828859.post-2209099438344739952009-08-09T10:56:00.000+08:002009-08-09T10:56:00.432+08:00Malaysia Auto Industrial Faster DemandRecoveryMalaysia Auto Industrial faster demand recover<ul><li>Stronger than expected 1H09 total industry vehicles (TIV) sales led us to raise forecast to 497k units in 2009 vs. 410k previously</li><li>Raised FY09F NI by 5%-14% for APM, MBM and UMW. Cut FY3/10F loss of Proton by 50%</li><li>Upgrade APM to BUY, but kept FULLY VALUED for MBM and UMW. Retain HOLD on Proton</li></ul><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SnvExsPMqdI/AAAAAAAABtY/oB9QeKmNQJA/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 225px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SnvExsPMqdI/AAAAAAAABtY/oB9QeKmNQJA/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5367099738909616594" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Below is the report summery by Hwang DBS:-<br /><br /><span style="font-weight: bold; font-style: italic;">Strong 1H09 TIV sales of 249k (-8% y-o-y). </span> <span style="font-style: italic;">On an annualized basis this is stronger than our earlier expectation of 20% decline for 2009 made back in 1Q09, when the outlook for the economy and the auto sector was rather gloomy. We are now convinced that 2H09 sales would be healthy. In Jun09, Proton sold</span> <span style="font-style: italic;">more vehicles than Perodua – the first time in 3 years. This was helped by Proton’s maiden MPV, the Exora. </span> <span style="font-weight: bold; font-style: italic;"><br /><br />Raise 2009 TIV to 497k</span> <span style="font-style: italic;">After raising forecast sales for Proton and Perodua to 128k (1H09: 65.8k) and 157k (1H09: 77.0k) units respectively. We also factored in higher FY09F sales for Toyota to 81k units. While UMW is expected to la</span><span style="font-style: italic;">unch the Toyota hybrid Prius today (vs. Honda Civic’s in Mar09), Perodua would be launching its MPV in Nov 09 (vs. Proton’s Exora in Apr09). An improving economic outlook coupled with stable interest rates will help to encourage consumption. </span> <span style="font-weight: bold; font-style: italic;"><br /><br />Lift forecast earnings.</span> <span style="font-style: italic;">Consequent to the higher sales assumptions, we raise FY09F net earnings for APM and MBM Resources by 10% and 7% respectively. As such, we raise price targets for APM to RM2.20 (based on 7x FY10F PE) and for MBM Resources to RM2.00 (based on 6x FY10F PE), respectively. Hence, APM is upgraded to BUY but we retain our FULLY VALUED call for MBM Resources. We like APM for its 15% NI growth, 6% net dividend yield, RM1.12 net cash/share as well as strong management.<br /><br /><br /></span><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SnvF0SVOQoI/AAAAAAAABtg/RAP6P5Aiixg/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 99px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SnvF0SVOQoI/AAAAAAAABtg/RAP6P5Aiixg/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5367100883006800514" border="0" /></a><br /><span style="font-style: italic;"><br /></span>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-81759869481522878652009-08-05T07:56:00.002+08:002009-08-05T08:02:53.596+08:00<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SnjKyC2wDNI/AAAAAAAABrg/f34lR5LRRRo/s1600-h/2009Aug-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SnjKyC2wDNI/AAAAAAAABrg/f34lR5LRRRo/s400/2009Aug-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5366261917120728274" border="0" /></a><br /><table style="position: absolute; top: 138px; z-index: 1; left: 15px;" id="titles" border="0" cellpadding="5" cellspacing="0"><tbody><tr></tr><tr><td><div class="errorbox-good"><input name="title" value="" id="f-title" tabindex="1" class="text" onkeyup="setPreviewTitle(getTitle());" maxlength="150" dir="ltr" size="48" type="text"></div></td></tr></tbody></table><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Everday we see FBM KLCI make higher for this year with not much good news. Trading volume is low had add caution during investing into share market.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-10683836117266890192009-08-04T07:55:00.002+08:002009-08-04T08:15:47.092+08:00FBM-KLCI Is About To Celebrate Its "Full Moon"<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/Snd5LP9eH6I/AAAAAAAABrI/9EfMJltHdP0/s1600-h/2009Aug-FBMKLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/Snd5LP9eH6I/AAAAAAAABrI/9EfMJltHdP0/s400/2009Aug-FBMKLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5365890715205115810" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />About a month since the FBM-KLCI start take effect, KLCI index has going up about 100 point due to the new calculation base on 30 share.<br /><br />According to bloomberg, FBM KLCI is now priced at a price earnings ratio (PER) of 20.5 times. As the number suggests, it looks surprisingly more expensive than Hong Kong's 42-member Hang Seng Index at 18.5 times, and Singapore's 30 member Straits Times Index (STI) at 16.2 times.Is our stock market really more expensive than that of Hong Kong and Singapore, where trading activities are more vibrant?<br /><br />I think the answer is yes because FBM KLCI's 30 constituents said to account for more than 60% of the Main Board's market capitalization, have government linked companies (GLCs) that are tightly held by government institutions. When a stock is tightly held, it is likely that its valuations are well supported and hence it becomes expensive.<br /><br />Now government is easy to control the index and with the new launch Amanan Saham 1Malaysia sure will help government funding to continues to support the KLCI index and share market. I think to be save at all, invest into FBM-KLCI 30 constituents will be more sure profitable.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-36991187703417371042009-08-01T20:52:00.000+08:002009-08-01T20:52:00.483+08:00Economic Fundamentals Is Not Sure But Share Market Confident Is BackI'm not sure economic fundamentals is good or not but what I sure is share market confident is strong due to KLCI index is supported strongly. One thing surprise me is that they are still people did not know KLCI now is caculated by 30 share and banking system & plantation top 5 share will affect KLCI above 50%!<br /><br />So I think most of the retail investor with regular invest base on KLCI index will see market is getting better and supported. Because of that if they buy in penny share so sure the share they buy drop to zero also unaffected KLCI index. Now market really full of confident, I think this time government is vary smart by change the KLSE index base on 30 share to get confident into the share market.<br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_Gepabi82OHI/SnK4lYNhnCI/AAAAAAAABqw/QZtU7kGqj34/s1600-h/KNM.bmp"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 400px; height: 160px;" src="http://3.bp.blogspot.com/_Gepabi82OHI/SnK4lYNhnCI/AAAAAAAABqw/QZtU7kGqj34/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5364553058445532194" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />I think this time is a golden time to invest into all the FBM KLCI 30 share warrant. I prefer warrant from banking system, plantation and gaming like Genting because all this 3 sector will affected above 65% of KLCI index so if government need to keep support the index sure all this top 5 share will be well monitor and supported by all the fund they had ( like Valuecap, EPF and tabung haji) .<br /><br /><span style="font-weight: bold;">Related Articles</span>:-<br /><a href="http://malaysiainfoedgezone.blogspot.com/2009/07/fbm-klci-is-not-same-with-klci-month.html"><span style="font-weight: bold;"></span></a><ul><li><a href="http://malaysiainfoedgezone.blogspot.com/2009/07/fbm-klci-is-not-same-with-klci-month.html"><span style="font-weight: bold;">FBM-KLCI Is Not The Same With KLCI Month Ago</span></a></li><li><a style="font-weight: bold;" href="http://malaysiainfoedgezone.blogspot.com/2009/07/ftse-bursa-malaysia-klci-breakdown.html">FTSE Bursa Malaysia KLCI Breakdown</a></li></ul>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1626400369102828859.post-20287637920078383662009-07-30T07:43:00.003+08:002009-07-30T08:04:26.525+08:00FBM-KLCI drop together with all the Asia share market<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SnDf-q_4WFI/AAAAAAAABqI/1pUMYxKYrwU/s1600-h/2009Jul-FBM-KLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SnDf-q_4WFI/AAAAAAAABqI/1pUMYxKYrwU/s400/2009Jul-FBM-KLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5364033423985367122" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Yesterday FBM-KLCI drop together with all the Asia share market due to the news Chinese media had reported that Industrial and Commercial Bank of China and China CONSTRUCTION <span class="load-quotes" id="CONSTRUCTION_span"><script>registerQuotes("CONSTRUCTION", "CONSTRUCTION_span")</script></span>Bank were capping their 2009 lending targets, a move that would slow down credit growth. Asian markets retreated on July 29, rattled by a 5% pullback of the Shanghai Composite Index on reports that China’s two biggest state-owned commercial banks were restricting their lending. This reason is use by fund manager to take profit and I think profit taking activity may continues because they need some cash for coming Hari Raya on Sept.<br /><br />Beside share market, Gold price also affected, after trading in a tight range for a few days, gold broke lower yesterday. Selling came on the back of<br /><ol><li>Weak investment demand, and selling in the physical market;<br /></li><li>Dollar strength, which pushed the greenback from just below USD1.4300 to as low as USD1.4130 yesterday. </li></ol>The trigger for this rally in the dollar was a much weaker-than-expected US consumer confidence data reading (down m/m in July). After yesterday’s sharp fall, weak long positions could be hesitant to re-enter the market. Gold support is at USD932 and USD926, with resistance at USD949 and USD964.<br /><br />Now the share market and gold market will drop, so for me I think it is a good time to enter this two investment tool.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-50153716018819739042009-07-29T08:02:00.006+08:002009-07-29T08:34:15.840+08:00Foreign Shareholding Still Low In The MarketFBM KLCI is continues to make new high for this year as close at 1,172 yesterday. The major contribution is from Banking and Plantation as this two sector already cover half of the index weight.<br /><br />Compare with regional, Malaysia recovery is still low and ringgit weakens against most currencies only strengthened against the US dollar. All this is a sign of foreign investor still not choosing Malaysia as a investment target compare Singapore and Indonesian. Like our banking system, foreign investor had put back their money because of the crisis and now they have return but still low compare before the crisis. As at end June foreign shareholding in<br /><ol><li>BCHB is 33.2% ( increase from 32% as at Dec 2008)</li><li>Malayan Banking is 10.76% as at 17 July 2009</li><li>Public Bank is 24.9% ( drop from 33.1% a year earlier )</li><li>RHB Bank is 5.2%</li><li>AMMB Holdings parent of the AmBank is 28.4% as at March 2009 ( drop from 36.9% a year earlier )</li></ol><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/Sm-SJH4iL0I/AAAAAAAABpQ/b8kIaXuJfd4/s1600-h/2009Jul-FBM-KLCI-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/Sm-SJH4iL0I/AAAAAAAABpQ/b8kIaXuJfd4/s400/2009Jul-FBM-KLCI-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5363666366654197570" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Now is about to end July 2009 and only 5 months before we enter the year 2010 as a recovery year for the hold world, for Malaysia economic to move higher and for us as a retail investor to make more money government need to make sure the foreign investor to come back more to Malaysia and if it do FBM-KLCI may hits over 1,500 point in next year.<br /><br />For me I think invest into Banking system and plantation share will make profit and if the share is too expensive try buy in they warrants. Till now foreign investor no yet fully enter into Malaysia market and if they do the index will fly high.<br /><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Sm-YV1XlmuI/AAAAAAAABpY/apjmbkNADDw/s1600-h/2009Jul-IOICORP-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Sm-YV1XlmuI/AAAAAAAABpY/apjmbkNADDw/s400/2009Jul-IOICORP-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5363673182092237538" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><div style="text-align: center;"><span style="font-style: italic;">Plantation is not yet fully recovery </span><br /></div><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/Sm-YWUSeHPI/AAAAAAAABpg/wlFFNNRUQ0E/s1600-h/2009Jul-PBBANK-640x699.png"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 366px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/Sm-YWUSeHPI/AAAAAAAABpg/wlFFNNRUQ0E/s400/2009Jul-PBBANK-640x699.png" alt="" id="BLOGGER_PHOTO_ID_5363673190392274162" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><div style="text-align: center;"><span style="font-style: italic;">Banking system is about to fully recover </span><br /></div>Unknownnoreply@blogger.com1tag:blogger.com,1999:blog-1626400369102828859.post-80558869474573626622009-07-26T09:08:00.001+08:002009-07-26T09:08:00.577+08:00FTSE Bursa Malaysia KLCI Breakdown<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://1.bp.blogspot.com/_Gepabi82OHI/SmkKYUKkTMI/AAAAAAAABn4/SgG6cyyezGY/s1600-h/KNM.bmp"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 367px; height: 400px;" src="http://1.bp.blogspot.com/_Gepabi82OHI/SmkKYUKkTMI/AAAAAAAABn4/SgG6cyyezGY/s400/KNM.bmp" alt="" id="BLOGGER_PHOTO_ID_5361828244207455426" border="0" /></a><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/SmkKYBlq-KI/AAAAAAAABnw/RupuL5-8rgI/s1600-h/KNM2.bmp"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 350px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/SmkKYBlq-KI/AAAAAAAABnw/RupuL5-8rgI/s400/KNM2.bmp" alt="" id="BLOGGER_PHOTO_ID_5361828239220865186" border="0" /></a><br />This is the breakdown of KLCI 100 share on the weight in FBM-KLCI for better analysis reference before buy in any share.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-1626400369102828859.post-47027609321784816552009-07-22T14:47:00.004+08:002009-07-22T15:44:17.861+08:00The Reason Why KLCI Surges To Fresh Year HighBlue chips rallied in the morning session on July 21, sending the FBM KLCI to a fresh year high of 1,153.94, with Bursa among the best performers among key Asian markets. The reason behind Bursa Malaysia surges to fresh year high is mainly because it ware base on 30 share compare 100 share for old KLSE index.<br /><br />FTSE Bursa Malaysia KLCI is made up of the 30 largest listed companies by market value, with at least a 15% free float and minimum 10% annual turnover of free-float shares.<br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://4.bp.blogspot.com/_Gepabi82OHI/SmbCzw8ckmI/AAAAAAAABnE/fu2v8tcgSiY/s1600-h/KLCI+FBM+-+24+June.jpg"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 301px; height: 400px;" src="http://4.bp.blogspot.com/_Gepabi82OHI/SmbCzw8ckmI/AAAAAAAABnE/fu2v8tcgSiY/s400/KLCI+FBM+-+24+June.jpg" alt="" id="BLOGGER_PHOTO_ID_5361186600998703714" border="0" /></a><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br /><br />Analysis by sectors weightage<br /><br /><span style="font-weight: bold;">KLCI: </span><br /><ol><li>Banking 25.2%</li><li>Plantation 14.8%</li><li>Transport 11.1%</li><li>Utilities 9.5%</li><li>Telco 8.1%</li></ol><span style="font-weight: bold;">FBM KLCI</span><br /><ol><li>Banking 33.7%</li><li>Plantation 18.7%</li><li>Utilities 11.2%</li><li>Gaming 9.9%</li><li>Telco 9.3%</li></ol>In FBM KLCI just only 2 sector bank and plantation already cover 52% weightage so it mean to short KLCI high just only need to push up bank or plantation share.<br /><span style="font-weight: bold;"><br />Other than this, 10 counters which have a total over 70% KLCI weightage is:-</span><br /><ol><li>Commerce ( Najib Brother company) highest weightage 10.1%</li><li>Maybank</li><li>Public Bank</li><li>Sime</li><li>IOI</li><li>Genting (Gaming sector! sure make money share, but it is halal for Muslim to buy?)<br /></li><li>Resorts</li><li>Axiata</li><li>Tenaga</li><li>MISC</li></ol>For KLCI to fly high Malaysia government just need to make sure top 5 counters perform well so compare old KLCI the news system is mach more easy and in addition Commerce bring 10.1% weightage to KLCI so sure it will make the job more easy.<br /><br />7 sectors not in FBM-KLCI is:-<br /><ol><li>Building materials</li><li>Construction</li><li>Hotels</li><li>Insurance</li><li>Property</li><li>Timber</li><li>Technology</li></ol>so it also mean these 7 sector drop to bottom or zero manufacture ( worker no job ) will not affected KLCI index as long as your money keep in bank.<br /><br />New technical analysis is needed to invest in KLCI, the old type invest skill by using KLCI a guide line may not complete to give a good picture about Malaysia economic so when you want to invest into the share market may need to analysis sector by sector.<br /><br />Malaysia surely "boleh" Malaysia is using the concept is win the game by change the game rules follow what you want. Sure win.Unknownnoreply@blogger.com2