A big drop, it won't. It will probably move sideways. That is what they call 'institutional investors market'. Local institutional investors. So, how to cari makan? Even, Nifty (India's stockmart index) performs better than KLCI.
One guru said if u want to make big money, play Nifty not KLCI.
If epf is something, fbmklci won't be bearish for more than six months lol. Local fund also useless lah, regional market all go up, malaysia go down. Now everyone go down, fbmklci go down doubly hard. Piece of shit.
this index is very easy to manipulate . every stock that perform poorly or lack of interest/demand will be replaced eventually with a most exciting & news driven stocks. so in future this index will always go up eventhough all the stock went crashing down.
@gamion FYI, the companies in FBMKLCI are determined based on the top 30 companies in Bursa based on market capitalisation, not "exciting or news driven" companies. No matter how exciting a stock is, if it's a small penny stock with low market cap, it will never enter the FBMKLCI. Hope this knowledge benefits you.
Of course the exciting / news driven stock must be very active / liquid stock that must be met all the criteria set by the exchange in order to be listed in FBMKLCI 30 stock market capitalisation & definitely not the penny / kaputing stock that are going to be delisted. So those any big capitalisation of the 30 stock that is not perform well will be eventually be replaced with a more liquid /active in term of price volatility or big volume driven stock. Not all the 30 stock have the equal weighting but only the respective 5 stocks that are given the weighting to determine the value of this index. So it is very biased to maintain/increase this 5 stocks price to paint a rosy picture of the Bursa market while all the other stocks seem to crash down like there is no tomorrow.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ramunia
1,123 posts
Posted by ramunia > 2017-11-15 17:39 | Report Abuse
A Very funny write-up.