The FBM KLCI is a tradable index comprises of the 30 largest companies in the Bursa Malaysia by market capitalization. The index’s a component underwent a review on 8th December 2011
The prediction made earlier, was partly correct. Bumi Armada, UEM Land and AirAsia are joining the KLCI to replace PLUS, MISC and Gamuda. UEM Land’s inclusion is effective from 13th December while Bumi Armada and AirAsia will be part of the index from 19th December.
With Gamuda drop from the index, there is no longer any construction representative in the index. However, the inclusion of UEM Land into the index gives a property sector representation.
The table below is the new FBM KLCI component’s stock together with their sector, market capitalization (actual & adjusted) and weightage.
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A.T. Kearney is a global management consulting firm. They publish Foreign Direct Investment (FDI) Confidence Index to rank top 25 countries in the most attractive Foreign Direct Investment (FDI).
The Index provides a look at the present and future prospects for international investment flows.
The Index, which first published in 1998, assesses the impact of political, economic, and regulatory changes on the FDI intentions and preferences of the leaders of top companies around the world.
In 2012 index, China, India & Brazil are the top 3 countries. Inthe same reports, Malaysia up 11 positions from 21st which obtained in 2010.
The table below is top 25 country according to 2012 Foreign Direct Investment (FDI) Confidence Index.
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The year 2011 almost reaches its end with 4 big IPOs listed in Bursa Malaysia. These IPOs were MSM Malaysia, Bumi Armada, UOA Development, and Pavilion REIT.
MSM Malaysia & Bumi Armada IPO were performing very well since listing. On the other hand, UOA Development performed badly with the current price almost half of the listing price. Performance of Pavilion REIT IPO remained to be seen when it will be listed on 7th December.
In 2012, there will be 3 most-wanted IPOs namely, Felda Global Ventures Holdings, Integrated Healthcare Holdings (IHH) and Gas Malaysia. Probably, there will be more big IPO in 2012 but no details are currently available.
Felda Global Ventures Holdings
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For December, with both China and Thailand easing monetary conditions and 6 Central Banks in OECD countries coming together to boost liquidity, it appears that governments worldwide want to tackle global economic woes with a united front.
As such, there could be a modest year-end rally in December, both globally and in Malaysia. OSK advocate a little short-term risk-taking while maintaining their medium-term conservative stance.
The table below is the target price for OSK’s December 2011 top picks.
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We reach towards the end of the year 2011. For ASB & ASN unitholders, it is the time for them to earn dividends for their investment.
Based on the information obtained from Amanah Saham Nasional Berhad (ASNB) webpage, transaction for Amanah Saham Bumiputera (ASB) & Amanah Saham Nasional (ASN) will be suspended to facilitate the issuance and computation of ASB & ASN dividend for year 2011.
ASB transaction will be suspended from 21st December 2011 to 2nd January 2012 while ASN transaction will be suspended from 27th December 2011 to 2nd January 2012.
Based on history, ASB dividend will be declared in between 14th to 19th December while ASN dividend will be declared around 23rd to 24th December.
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