The Malaysia stock market is one of the largest in Asia and is managed by the Bursa Malaysia stock exchange. Previously known as the Kuala Lumpur Stock Exchange, the Bursa is one of the largest bourses in the ASEAN region. It is home to many companies from all over the world, including many big names in the world of finance.
The Malaysia stock market index is a measure of general market behavior and performance. A common investment strategy is to track a benchmark index to achieve a similar mean return, but without investing in individual stocks. In this paper, we use data from the Malaysia stock market index to develop a stock selection methodology for tracking the index.
While the Malaysia stock market index is still neutral to bullish, a bearish breakout would be more likely if the index falls below the 1,710 support level. This would signal that the economy of Malaysia is not as stable as the KLCI suggests. The InvestingHaven team remains neutral to bullish. We believe that the massive bilateral partnership with China will benefit the country’s economy, its connectivity and social facilities, and its abundant business opportunities.
A Malaysia stock market index is based on the FTSE Bursa Malaysia KLCI, which is composed of 30 of the largest companies in the country. The index is updated in real time every 15 seconds, and the constituents are reviewed twice a year. It is managed by the FTSE Group, an independent global company that serves thousands of investors worldwide.
The FTSE Bursa Malaysia KLCI is a capitalisation-weighted index based on the 30 biggest companies in the country by market capitalization. It is operated by the FTSE and Bursa Malaysia and was first introduced on 4 April 1986 as the Kuala Lumpur Composite Index. The base value is 100.