MYPUBLICMUTUAL MARKET UPDATE

ISSUE NO. 3 18 FEBRUARY, 2011

Assalamualaikum.
All praise to Allah, peace and blessings on prophet Muhammad s.a.w.
Welcome to the third issue of MyPublicMutual Market Update. This newsletter is brought to you
by belirendahjualtinggi.com, exclusive for clients of belirendahjualtinggi.com, delivered via our
google group mypublicmutual@googlegroups.com

CONTENTS
GENERAL TREND ..................................................................................................................... 1
ACTION ..................................................................................................................................... 1
INFO .......................................................................................................................................... 1
MALAYSIAN MARKET (KLCI) .................................................................................................... 2
CHINA MARKET (HANG SENG INDEX) .................................................................................... 3
CHINA MARKET (SHANGHAI) .................................................................................................. 4
TREND STRENGTH .................................................................................................................. 4
CONTACT US ............................................................................................................................ 4

GENERAL TREND
The general long term trend is up. We are still in equity mode.

ACTION
No action is needed.

INFO
As our clients are invested in shariah funds affected by Malaysian and China stock markets, the
analysis here is confined to these two markets. Analysis is done with our proprietary UT-XRAY
system.
MALAYSIAN MARKET (KLCI)

We can deduce certain characteristics of the Kuala Lumpur Composite Index from the chart
above.
1. The index tends to stay between the second and third red line from the top
2. The general direction is still up as seen in the direction of the red lines. Don’t switch to
bond just yet.
As the index hits the second red line from the top, it cannot move much further until it hits the
third red line (below), which happened recently when the market had a huge selloff which can’t
really be explained except by the fact that market psychology has its trend, up and down, short
term and long term, affecting supply and demand. This can be observed nicely from the chart
above.
If you may find it hard to understand the above, just imagine that the market move upward now,
but does so in a zig zag motion (up and down) between the second and third red lines you see
above (there are 5 red lines).

See next page for analysis on the China markets.

CHINA MARKET (HANG SENG INDEX)

The trend is similarly up in the Hang Seng Index (Hong Kong) market, although the up and
down move is more significant than of the Malaysian market.
CHINA MARKET (SHANGHAI)

The Shenzhen Composite Index is also in the uptrend, but it is far more volatile.

TREND STRENGTH
There is still strength in the current uptrend. In the event that the strength weakens significantly
or the direction change, we will insyaAllah advise for switching.

CONTACT US
Contact us at support@belirendahjualtinggi.com if you wish to diversify or add to your investment.
For those who wish to have less volatility, may invest partially in the islamic bond funds. Please
note that Unit Trust is a long term investment, we hope to gain insyaAllah more than traditional
means of savings. However significant volatility can be expected, patience is required and it is
critical that investors stay consistent to our methodology without listening to rumours,
speculation or forecasting.

Occassionally, this newsletter maybe published to the public although that is not our standard
practice. This newsletter is distributed on a monthly basis only to clients of
belirendahjualtinggi.com

Disclaimer: We do not guarantee any results. Allah knows best. Past performance is no
guarantee of future performance.