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How To Push Up KLCI-FTSE Bursa Malaysia Kuala Lumpur Composite Index

If you monitor closely how the KLCI: FTSE Bursa Malaysia Kuala Lumpur Composite Index  movement, you’ll notice the popular last minute Push UP.

It normally happen during the last trading hour.

For the whole day, it can trade “normally” until last minutes jack up.

The Modus operandi is very simple.

KLCI2

Just push any of the Top 10 companies by market capitalization on Bursa Malaysia Main Market and the FTSE Bursa Malaysia KLCI will  automatically jump up as well.

This is easy done as most of the Top 10 companies by market capitalization on Bursa Malaysia Main Market are held by top manager, government and private Institutional Funds.

Why this Happen?

I have no idea exactly WHY.

Only thing I can say this can potentially artificially boast up the Bursa Malaysia performance.

This may be a one of the reason why the foreigner participation in Bursa Malaysia is LOW  today.

Read more at Why Malaysia Foreign Direct Investment Fall That Drastically

Let take the performance of KLCI: FTSE Bursa Malaysia Kuala Lumpur Composite Index  movement on 1’st April 2011 as an example.

For the most of the trading hour, KLCI: FTSE Bursa Malaysia Kuala Lumpur Composite Index  was trading at the range of 5 points (1,548.04 to 1,550.08)

The KLCI do the popular push up at 4:50pm where it suddenly jump up 10 points to 1,555.38.

KLCI5

KLCI1

KLCI3

 

This is the main stock that push up the KLCI: FTSE Bursa Malaysia Kuala Lumpur Composite Index

KLCI4

 

Let look chart of  the top 5 stocks that move the KLCI: FTSE Bursa Malaysia Kuala Lumpur Composite Index

Majority of the %B Buy rate is 100% during the end of the trading hour.

%B Buy rate mean the buyer will take whatever the quoted price that the seller is selling without any waiting.(queue)

 

1) CIMB

CIMB

2) PChem

Pchem

3) GenM

genm

4) Axiata

axiata

5) Sime

sime

*** Do your own monitoring to take advantage of this Push Up! 🙂

This entry was posted on Friday, April 1st, 2011 at 10:07 pm and is filed under stock market. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

5 Responses to “How To Push Up KLCI-FTSE Bursa Malaysia Kuala Lumpur Composite Index”

  1. Nice insight, I do agree “someone” is pushing up at the end of the day. Things just get easier when KLCI are only composite of 30 stocks instead of a 100 stocks now. If this “pattern” continue until the election, I guess we can take advantage with FKLI, futures for KLCI. 😀

    By the way, which software/brokerage company you use that give you those nice charts and live data?

  2. Try Hong Leong securities online system

  3. Cool, thanks. Do they charge you a monthly fee for using their online tool?

  4. It’s free 🙂

    You should sign up at ATIC as they were there

  5. I just signed up with Jupiter online. Hehehe, will try that first.