I shared your view, just previous Genting overseas venture didn't yield much fruit while actually become a burden for the group from previous Star-Cruise, to UK casinos.

Correction on US market is long long overdue, mainly due to too much money.

Just park or convert some money into AUD FD only mah. Boring strategy.

or

DCI which you can bet AUD (or anyone currency) won't be going down below you strike price then earn some 6-30% interest rate pa. on your RM, which can range from 1 week to 1 month period you can choose from.

I do see some interested party want to window dress the KLCI.

As overall market volume is low, they can drive up the market quickly with just couple of continuos buying (not need to many lot either) which is easy for them.
But whether other follow and market is sustainable or not, different story, as you can't drive up the share price alone over long period of time.

Goreng activities seems have died down a bit, as volume is shrinking fast each day, only CI component stocks are doing the show.

So goreng CI component stocks! Joking nia.

I wonder the reason come from the new 30 index components prompt index fund managers re-allocating more heavy on the 30 stocks so drive up them?

I feel not right they included both Genting and Resorts are in the index calculation, it just means double calculation/effect from Genting Highland's business.
As we know Genting is the major shareholder of Resorts so Resorts' revenue and earning is booked in Genting, so Genting Highland's business has double effect on the index.

Previously Resorts is not included in the 100 KLCI components as it is more fair and represent across various important business in Malaysia to avoid double calculation.
Index main purpose is to reflect more accurate the local economy and local bourse. But somehow, now they seems are more interested to set the index to higher value, my view only, as you see FBM30 index start with 6K+, why not set at 1000, or 100 easy to view? 6000+ higher give more confidence?

If our market is full of non-performing and junk goreng counters, then whatever index value also make no difference. What we want is quality listing company and sincere company governance to take care of shareholders benefit.

Just my 2 cents.

Soon it could be US to lose AAA rating, with its enormous debt.

Next problem could come from USD, as if market stablised back to normal, it should sink due to demand and supply theory, by then we have problem again, especially on inflation front as peope will rush for commodities if USD sink, by then any effort of recover and stimulus will be killed due to inflation. Oil cannot rise too soon before any solid recovery is taking place, otherwise, back to square one.

If this issue happens on other ordinary country, rating already long being downgraded.

Don't play play, if someone nasty want to play around with you, bite/buy you 1 lot nia, min commission kill you.

BDI is a good gauge whether the economy is indeed recovering or not eventually affecting stock market whether got room for more upside and in sustainable way.

As posted before, stocking is not a real recovery but consumption is.

Goreng activities died down, so lyn page also go slower lor.

Different between Bhd and Sdn Bhd is as same as private limited and limited.

Sdn Bhd, privately owned
Bhd, got public shareholders.

Although it has relationship with listing, as if you are listed, you are surely a Bhd, but bhd doesn't mean it is listing in KLSE, can be listed elsewhere as well
or some previous listed company but eventually being delisted due to xyz reason, it is still a Bhd.

It just means shareholders' structure.

The fundamental answer is how KLSE is going to compute the index, in normal day if it is a 10 or 20 cents ex, it will take out CI index a bit, but if it involved more like last time 50 cents on Maybank, they adjusted the price to index according aka the ex-50 cents from Maybank didn't cause CI to lose a few points, this is what KLSE has said last time out.

It is normal for index to lower due to ex-price.

To add a point, Yellow, red, green doesn't dictate the KLCI, as KLCI is computed based on the all the 100 stocks price vs its based point of 100 when it set up during 70's time, aka it shows how much it had risen from 100.

Yes, you must ensure how the computation being taken place, before compared it head to head, only fair.

Having said that, component stocks also being changed from time to time as well. So there are lot of variable to be sort out before can have a real or actual head to head comparison.

Company wants to issue more shares and seek money from existing shareholders.

They will let you buy 1 right issue share (with free warrant given) on every 2 share you owned.

Everyday take abalone, surely heart attack due to high cholestrol.

Genting is running wild lately, one of the major contributor of KLCI rise.

Regional market is quite red, but KLCI is greenish, somehow KLCI movement is hard to predict lately.

Tonight US tak ada open.

So DJ futures irrelevant for today.

You also noticed hu?
Me also.

But FCPO is not moving and market talk about potential lower price of CPO in near future after raining season has ended so plantation stocks generally are stagnant across.

Some sort like mum and dad not in the house, kids running/playing wild.

But if market goes up too soon and too fast like current KLCI trend, we may soon run out upside room as you can't get too far away from the basic economy fundamental, ie. we had not yet started to see real recovery in real economy. Everything take times.

Don't over complacent.

Now it is your harvesting season, not planting season already.

Already nak jadi busuk, still mau ka?

Some sort like supermarket before close shop, reduced to clear.