Tag Archives: market review

August 2024 Market Review

Market Condition KLCI closed at 1,678.80, an increase of 3.27%. S&P500 increased by 2.28% to 5,648.40. Market Trend: Good time continued Both markets continued to advance in the past month. KLCI might have a chance to hit 1,700 in this year. Foreign funds still continued to come into Malaysian stock market. S&P500 was making new …

July 2024 Market Review

Market Condition KLCI closed at 1625.57, an increase of 2.23%. S&P500 increased by 1.13% to 5522.3. Market Trend: Good time KLCI closed above 1,600 in July. It had reversed the downtrend. The foreign funds were the net buyer in July and they became net buyer year-to-date. S&P500 still continued its uptrend and continued to make …

June 2024 Market Review

Market Condition KLCI closed at 1,590.09, a drop of 0.41%. S&P500 closed at 5,460.48, an increase of 3.47%. Market Trend: Local market could not sustain the uptrend KLCI shifted gear and closed lower than the last month. The foreign funds flowed out of the local market in June and remain as net seller year-to-date. S&P500 …

May 2024 Market Review

Market condition KLCI closed at 1,596.68, an increase of 1.31%. S&P500 closed at 5,277.51, an increase of 3.15%. Market trend: Foreign funds started to come in again KLCI continued its uptrend and ended higher but could not maintain above the 1,600 level. However, I think it has a good chance to stay above 1,600 in …

April 2024 Market Review

Market condition KLCI increased by 2.60% to close at 1,575.97. S&P500 dropped to 5,116.17, a decrease 2.63%. Market trend: Foreign funds continued to flow out of Malaysia Although the foreign funds continued its outflow, KLCI managed to close higher than last month. Our index has increased by 8.34% year-to-date. S&P500 could not continue its uptrend …

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 …

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, …