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, …
Market condition KLCI closed at 1,512.98, an increase of 4.01%. S&P500 closed at 4,845.15, increased by 1.58%. My view: A good start for the year Both markets continued their uptrend and KLCI finally broke through 1,500 level! Perhaps it is the time for our local market to shine. Foreign funds continued to flow into Bursa …
First of all, happy new year 2024! In this first post of the year, I will share my thoughts on the markets in December 2023. Market condition KLCI closed at 1,454.66, an increase of 0.13%. S&P500 closed the year at 4,769.83, an increase of 4.42%. My view: Not a bad year Both the markets closed …
Market condition KLCI closed at 1,452.74, an increase of 0.73%. S&P500 reversed its downtrend and closed at 4,567.80, an increase of 8.92%. My view: A good month for the markets Both the markets closed with positive gain compared to the past month. In fact, S&P500 had its largest monthly gain in 2023. I did not …
Market condition KLCI advanced by 1.26% to 1,442.14. S&P500 continued its decline to 4,193.80. It is a decrease of 2.20%. My view: Finally KLCI outshined Contrary to my expectation, KLCI did not decline. On the other hand, S&P500 continued to decline as expected, albeit at a lower rate. In November, I think I will still …
