It's All About Buy & Sell

calling for Bursa MY to have a better market index

gohkimhock
Publish date: Sat, 08 May 2021, 07:05 PM
work produced here are just reference/experience/knowledge made for myself only. I am willing to share them with people who does truly appreciate it.

The Standard & Poor's 500 Index, is a market capitalization-weighted index of 505 large cap US stocks. It requires a company to make 4 consecutive quarters of profit according to the generally accepted accounting principle (GAAP). The 10 largest stocks make up approximately 27% of the index's value. Perhaps Bursa MY should also have one such index too. We could have 30-70 counters and it is the better market barometer compared to the current KLCI. 

 

Discussions
Be the first to like this. Showing 6 of 6 comments

firehawk

Have u ever heard of FBMT100 ?

2021-05-08 19:13

gohkimhock

@firehawk the bold words..

2021-05-08 19:15

firehawk

How many stock in DJIA?

2021-05-08 19:18

gohkimhock

i emphasize more on S&P500 than DJIA actually..

2021-05-08 19:23

firehawk

Have u ever heard of FBMT100 ?

2021-05-08 19:24

s3phiroth

FBMSCAP is a better index because it represents 98% of stocks in bursa. KLCI/FBMT100 r rubbish index that can be manipulated easily in last one minute.

2021-05-08 22:05

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