Most of the 30 KLCI index components will have its quarterly financial report coming out this month ~ May. Some of them like BAT, DIGI, PBBANK and TENAGA already released quarterly financial report last month. DIGI and PBBANK are doing great on the latest financial report but BAT and TENAGA failed to impress. The coming quarterly financial reports will determine the direction of KLCI ~ up or down. Of course, other region stock markets will affect KLCI too.
30 KLCI index components quarterly financial report date (week in May)
Only 1 quarterly financial report left on June from GAMUDA. Therefore, FKLI direction is based on US, Europe, Asia financial conditions from June onward until the next round of quarterly financial report. Will FKLI going up?