MAXIS Will Re-listing Today

Maxis is re-listing today in Malaysia Share Market and tomorrow will be in FBM KLCI index so for FBM KLCI index hits 1,300 Maxis share need to be up. Most of the % share is hold by PNB, EPF and Tabung Haji so likely they will sale out the share by this week or next week using A sale to B, B sale to A to speculated the share price moving up.

You may see this activity by look into off market deal, however at end of the day how many share sale out to retail and foreign investor in the open market is the key point for Maxis share to go up more.

Base on the chart, FBM KLCI index is moving sideways and with the new member add in the index may have some momentum.

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Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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