þ Local economy is on the rise due to 1Malaysia Budget rolling up particularly on 1Malaysia Tower which brings more boosters to construction, energy and telecommunication sector and creating more jobs
þ Listing of new large cap player such as MISC Marine and Petro Chemical will pump in more than RM7.7 billion capital into BSKL this month
þ Malaysia General Election which was widely spread in the market talk will be held in next Mac or April 2011 will boost up local market sentiment
þ Current FDI was increased gradually through Invest Malaysia Campaign and now has increased up to 27% according to Finance Ministry of Malaysia.
þ Recovery Period is on the go and fund manager’s new target for KLCI to hit 1620pt in 2011