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.
Created by gohkimhock | May 05, 2021
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
firehawk
Have u ever heard of FBMT100 ?
2021-05-08 19:13