March 2024 Market Review

Market condition KLCI closed at 1,536.07, a drop of 1.10% from last month. S&P500 increased by 3.08% to 5,254.35. My view: Foreign funds flowed out of Malaysia KLCI could not maintain its uptrend and ended March lower. But it was still above 1,500. On the other hand, S&P500 continued to break new high. Foreign funds …

EPF Dividend 2023

The Employees’ Provident Fund (EPF) has declared its dividend for 2023. The rate for conventional savings is 5.50% (2022: 5.35%) . It is 5.40% (2022: 4.75%) for Simpanan Shariah. This dividend rate is on par with what I expected. Dividend history You may refer to this page (click here) for EPF dividend history. Its dividend …

February 2024 Market Review

Market condition KLCI increased by 2.65% to 1,553.14. S&P500 closed at 5,097.27, increased by 5.20%. My view: The uptrend continued In the second month of 2024, the markets continued to do well. KLCI managed to maintain above 1,500 and S&P500 achieved record high. Foreign funds continued to flow into Bursa Malaysia. If this trend continues, …