1.
Market move up if RM getting stronger, this mean Malaysia market still need foreign fund to push if not index counters hardly move up.
2. Foreign participation is important to market.
3. US data
4. Foreign shareholding in Malaysia equity market.
5. Historical bear market in Malaysia.
Since 1997, the average duration of a Malaysian market downturn has been 12 months, with the longest being 18 months. It would appear that the global and Malaysian markets may have peaked in 2018 and are currently in a downtrend. Using historical data that show a market downturn lasts 12 months on average would suggest the KLCI should have reached the bottom of this market cycle in early-Apr 19. However the YTD low achieved by the KLCI was 1598 points on 24 May 2019. It is unclear if the KLCI has bottomed at this juncture. Alternatively, if we consider the longest downturns of 18 months, the KLCI could see a bottom in mid-Oct 19.
*copy from CIMB research*
6. Can take note Top 20 stocks trading near yearly lows (%). This is because lot of the time this type of stocks will rebound very fast. Best example KESM 100719 close RM8.43 +0.19
7. 1H19 Gain and loss of stocks under CGS-CIMB
以上纯属个人分析与评论，如有任何疑问，欢迎与我交流讨论。任何股票买卖建议输赢绝对不负责。
From：林友志 （Lim Yu Chee) 012-7685809 / Makubex718@gmail.com
