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Dismal economic data and disappointing earnings results from several big names, such as General Electric Co, Bank of America Corp and Citigroup Inc pulled the Dow Jones Industrial Average down by a hefty 261.41 points to 10,097.90 and crude oil futures by 61 cents to US$76.01 a barrel the previous Friday.
Since March 9, there has been an impressive rally in the equities market with Asian bourses predominantly outperforming global equities.
FTSE Bursa Malaysia KLCI, based on a new methodology for the country's benchmark index, will address the issues of tradability, investability and transparency once it is launched on July 6. This is the last of a two-part article by Bursa Malaysia on index investing and its benefits for investors.