Technical analysis is the forecasting of market prices by means of analysis of data generated by the process of trading. Technical analysis relies on the assumption that markets discount everything except information generated by market action, ergo, all you need is data generated by market action. Let's join and discuss the technical analysis in depth on particular stock with the traders all over the world.

Saturday 15 October 2011

KLCI Index counter

No Stocks Adjusted Mkt Cap (RMm) Weightage (%) Investiblity Weight
1 Malayan Banking 48,271.90 9.99 75%
2 Public Bank 46,480.10 9.62 100%
3 CIMB Group Holdings 46,101.80 9.54 75%
4 Sime Darby 40,756.30 8.43 75%
5 Axiata Group 31,479.30 6.51 75%
6 Genting Bhd 30,311.20 6.27 75%
7 IOI Corp 26,632.70 5.51 75%
8 Tenaga Nasional 24,962.80 5.17 75%
9 Petronas Chemicals Group 17,112.00 3.54 30%
10 DiGi.Com 16,607.40 3.44 75%
11 AMMB Holdings 14,445.50 2.99 75%
12 Maxis Bhd 12,172.50 2.52 30%
13 MISC Bhd 12,016.50 2.49 40%
14 Kuala Lumpur Kepong 11,489.30 2.38 50%
15 Telekom Malaysia 10,463.90 2.17 75%
16 Genting Malaysia 10,335.40 2.14 50%
17 PPB Group 10,313.80 2.13 50%
18 Petronas Gas 9,023.00 1.87 40%
19 PLUS Expressways 9,000.0 1.85 40%
20 Gamuda 7,626.10 1.58 100%
21 Hong Leong Bank 7,508.70 1.55 40%
22 YTL Corp 7,398.80 1.53 50%
23 British American Tobacco 6,578.60 1.36 50%
24 YTL Power International 6,441.10 1.33 40%
25 UMW Holdings 6,232.30 1.29 75%
26 Petronas Dagangan 4,667.20 0.97 30%
27 RHB Capital 3,975.30 0.82 20%
28 Hong Leong Financial Group 3,606.80 0.75 30%
29 MMC Corp 3,459.20 0.72 40%
30 Malaysia Marine Heavy Engineering 3,412.80 0.71 30%

Nickel vs KLCI

Perhaps you may questioning, Why compare nickel price with KLCI? Is there any relationship between nickel and KLCI? Well, before I explain further, we have to know what is nickel. Nickel is one of the rare earth metal which we can represent by symbol Ni (sound familiar right ^^this is normally our secondary school chemical teacher taught us).  What is the Ni function? It is used as catalyst in many chemical process, vital material in producing stainless steel.  Having say that, food industry, construction industry and automotive industry very much depend on the Ni.  What happen to nickel price if those 3 industries are gearing up? For sure its price will climb up since the supply is less than demand.  Nickel price is the best indicator which we can use to "measure" economy.  Nickel price normally leading stock market index by one quarter.Why? Company financial report is announced by quarterly basic. If we use financial report to judge the economy, we're actually lagging behind. 
Another indicator which we can use to judge economy is BDI.  The chart itself is very much self explanatory. BDI is an index to measure import and export activity.  BDI higher mean the shipping demand increase and vice versa.
Base on Nickel and BDI indicator, we can accurately predict future economy trend.