Malaysia becomes Asia’s worst stock market as election looms
minda2017-11-21 14:35:50
KUALA LUMPUR (Nov 21): Malaysia’s FTSE Bursa Malaysia KLCI Index has turned out to be the worst Asian equity gauge so far this year, with less than 5% growth.

And an undetermined election date isn’t helping.

Even as it received the most foreign inflows this year in Southeast Asia, the nation’s benchmark measure has continued to lag behind all its major regional peers from Hong Kong to India — some of whose gauges have rallied more than 25% this year.

Malaysia is due for a general election by August 2018, but there’s been speculation Prime Minister Najib Razak may call it sooner to capitalize on a feel-good budget and an opposition in disarray.

“There’s some uncertainties weighing down the market, but there are also positive factors like oil, strong exports and the solid economic growth supporting it,” Danny Wong Teck Meng, chief executive officer of Areca Capital Sdn Bhd, said by phone.

Still, with earnings season in full swing, some surprises could provide catalysts for a more positive sentiment, he added.

Source: The Edge Markets

:D no joke no laugh
Hahaha cheeze

Ok buy buy buy...

Only stupid will jump dowm...
Dowm...
Bocos doom....

Im newbie pls lead me...
Can buy ah?

>π<

@Sunshine i think arh... Warren Buffett also another cheater. He got billions. I think u better goback and suck ur milk inside milkbottle...

sarahdeaton the bullet keep reloaded cannot finish- maybe she was millionaires
Calvintaneng desperate now....

;;)

Lucky here got no desperate ppl. Cheers!

:)
you ppl may go mrcb forum to see calvintaneng acting and silly movement. Before he said use all OVERDRAFT to buy and today rest in LORD.. haha.

Wisely ppl never use chicken ways....

Terrible forum... EXTREMIST found here
Calvin- Gods concept
Satahdeaton- kuan yin ma....

Bcos they lose their ways in stock market.
......... Pity......
Sympathy to them

Goyang kuat kuat kasi weak holder lali....
Relax....

Collection start....

I placed 0.085, 0.08, 0.075 and 0.07

Alamak sigenel come liao.... I mean toilet one
:D

Buy whatever , any price.
Buy buy buy
Hahaha

Morning..... Today i use 天罗地网strategies, hehe

Hm..... Good
Buy buy buy

@ktsk88 yeap but how far the rebound would be? Does it create another shoulder and down more?
Keep eye on the big frame. Hihi

Bye bye
Bored atock

Good Morning

Do u ppl know sit tight tight earn more more?

Aiya correction only ma....

U scare u go... Tq

Pigilah... Milky boy !

Memanglah...

Hm... Really?
Go online now..
Tq

Hari2 tengok orang queue bikin ape?
Ada weather forecast tp saat2 tengok awan? Bodok atau bahalol? Think....

Almost every where the warrant very attractive- that called warrant pattern. The weak the mother price- more lower it become, so the strong mother price become what? Guess.... Logical thinking

You jump i wait.... Hehe

Mr Calvin Tan Eng...
Haven't yet, wait patiently, regards

:D

@Ammar Roshidy
OIC....

Oh.... Mr calvin ask to add more. Lol

Yeah... Calvin said must hold tight and bite the bullets. See you all at top, he said....

Later calvin come in and tell you all to hold tight ;)

SCARED ...?

Hahaha, that one called BUSINESSMAN....

Once of the reason i don't like oils related company.

3 stocks to join Malaysia index, 4 in small cap index
admin22017-11-15 11:05:30
PETALING JAYA: The MSCI Malaysia Index, an important benchmark of large and mid-cap stocks for exchange traded funds and mutual funds that invest in the country’s stock exchange, will have three stocks added to it at the end of this month.

The MSCI Malaysia Small Cap Index, an index tracking small-capitalised stocks, will also see four new constituents being added, while seven others will be removed. The changes come as part of the semi-annual review of the MSCI Equity Indexes.

As of October, the MSCI Malaysia Index, which covers 85% of the Malaysian equity universe, had 41 constituent stocks while the MSCI Malaysia Small Cap Index, which covers 14% of the Malaysian equity universe of small-cap stocks, had 73. Changes to the indexes usually see funds that track them making changes to their portfolio.

Several counters reacted positively to the news, with Nestle hitting a new high of RM94.84 in the first hour of trading and closing 3% higher at RM91.30.

SP Setia closed 5.2% higher at RM3.42, while George Kent closed 2.2% higher at RM3.26.

Fortress Capital Asset Management director Geoffrey Ng said the inclusion of refiners Hengyuan and Petron as well as property developers SP Setia and EWI “is due to their relative size in terms of value within the local market” and does not take into account the subdued outlook for the oil and gas, and property industries.

“The MSCI methodology for including or excluding stocks is driven primarily by variables such as market capitalisation, free float and governance index, and not decided based on market sentiment towards a sector or company,” he pointed out.

Ng added that Fortress Capital’s portfolios do not rebalance according to index changes, as the management has an active and non-index-linked strategy.

Meanwhile, Areca Capital Sdn Bhd chief executive officer Danny Wong said the new counters to be added to the indexes do not indicate an automatic buy call or a recommendation to buy.

“The stock is just qualified to be a constituent of a particular index.

“In fact, there are companies on the list whose financial results have been lacklustre, but should see a turnaround in the coming quarters,” said Wong.

A new constituent to an index could be representative of good exposure in a certain sector.

Stocks added to the indexes could also be traded at a higher premium due to the wider exposure gained.

Regionally, Indonesia saw one addition and three deletions to the MSCI Indonesia Index, while its MSCI Indonesia Small Cap Index had seven additions and seven deletions.

Over in Thailand, there were no additions to the MSCI Thailand Index, although there was one deletion. As for the MSCI Thailand Small Cap Index, there were five additions and six deletions.

Source: The Star

Nowadays u sapu, u die. Kikiki

Hooray...

Phew.... Lucky im not in.

Oh.....

Aisklim liao...

Hope killing itself.
Buy something that you know they will going up.
Average down bcos you will know shortly they will rebound.
Up or down stream we must know it 1st b4 we act...

3.26pm get it, tq...

Sh..h.....