140) Is there Chinese New Year Rally in FBM-KLCI?
We had analyzed that a December rally is highly possible in FBM-KLCI.
However, do we have similar rally for Chinese New Year period from 1 January to 28 February every year?
Let's find out with the historical data. The red vertical line is the estimated last trading day before the Chinese New Year holidays.
FBM-KLCI from 1 Jan to 28 Feb 2018.
FBM-KLCI from 1 Jan to 28 Feb 2017.
FBM-KLCI from 1 Jan to 28 Feb 2016.
FBM-KLCI from 1 Jan to 28 Feb 2015.
FBM-KLCI from 1 Jan to 28 Feb 2014.
FBM-KLCI from 1 Jan to 28 Feb 2013.
FBM-KLCI from 1 Jan to 28 Feb 2012.
FBM-KLCI from 1 Jan to 28 Feb 2011.
FBM-KLCI from 1 Jan to 28 Feb 2010.
FBM-KLCI from 1 Jan to 28 Feb 2009.
FBM-KLCI from 1 Jan to 28 Feb 2008.
FBM-KLCI from 1 Jan to 28 Feb 2007.
FBM-KLCI from 1 Jan to 28 Feb 2006.
FBM-KLCI from 1 Jan to 28 Feb 2005.
FBM-KLCI from 1 Jan to 28 Feb 2004.
FBM-KLCI from 1 Jan to 28 Feb 2003.
FBM-KLCI from 1 Jan to 28 Feb 2002.
FBM-KLCI from 1 Jan to 28 Feb 2001.
FBM-KLCI from 1 Jan to 28 Feb 2000.
Below is the summary of FBM-KLCI index performance from 1 Jan to 28 Feb every year from 2000 to 2018.
As a conclusion, there is NO obvious pattern on the FBM-KLCI performance. From the records, 13 years with positive returns and another 6 years with negative returns.
So, how will KLCI perform for January to February 2019?
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