Bursa Malaysia Penny Stock Index, BMPSI, fell 65 points and closed at 9,935 on 9-Nov-2007.
BMPSI is an easy-to-grasp and free-from-manipulation index. Every share market trader can make use of this index to have a better understanding of the penny stock pricing movement in Bursa Malaysia.
This is the BMPSI link for 9-Nov-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/4b0236e99a3ab39f?hl=en
As you compare BMPSI with other major market indices, there are a few points that you must take note :
1. BMPSI is not an index futures,
2. Fund managers will not make long-short portfolios based upon penny stocks,
3. No more market-closed adjustment is made,
4. Provide an in-depth view of manipulation of penny stocks by fund managers when they feel the need.
BMPSI is an easy-to-grasp and free-from-manipulation index. Every share market trader can make use of this index to have a better understanding of the penny stock pricing movement in Bursa Malaysia.
This is the BMPSI link for 9-Nov-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/4b0236e99a3ab39f?hl=en
As you compare BMPSI with other major market indices, there are a few points that you must take note :
1. BMPSI is not an index futures,
2. Fund managers will not make long-short portfolios based upon penny stocks,
3. No more market-closed adjustment is made,
4. Provide an in-depth view of manipulation of penny stocks by fund managers when they feel the need.
