The Kuala Lumpur Composite Index (KLCI) is now known as the FTSE Bursa Malaysia KLCI and adopts the FTSE global index standard from 6 July 2009 onwards. FTSE publishes comprehensive index rules and calculation methodology to support all indices. They are maintained by FTSE Committees and any changes are widely publicised. By using these index rules, all of us can predict how FTSE will deal with corporate actions and other changes to indices. This ensures FTSE indices are transparent and keeps down the cost of managing funds and products based on them.
Download FTSE Bursa Malaysia Index Rules to find out more.
It’s been quite a while I did not post the updated KLCI Chart. Now, let’s review the chart to have a better understanding the performance and events about FTSE Bursa Malaysia KLCI chart from December 1990 till 31st October 2009. This chart is a must-have for financial planning and understand the dollar cost averaging concept of unit trust investment (or mutual fund investment).
How charts can help you in the stock market? Do you understand chart patterns and technical analysis? How to track market prices? Any idea about good investment practice?