Malaysia Budget 2016 is coming soon on 23 October 2015. When the budget is released, normally the construction counters will be impacted and most construction counters tend to go up. So, i had done some studies on the effect of Budget towards the FBMKLCI and also the construction index (closing price on the announcement date, 1 week before/after, 2 weeks before/after, 4 weeks before/after and 8 weeks before/after). First let's look at the announcement dates. For 2015 budget, our PM had revised Malaysia budget because of the slump of oil price. All the data provided and forecast are based on previous year data, it might be incorrect. So, please have your own judgement and take these data as a reference.
Now, lets look at our FBMKLCI. The sequence of the year is based on the colour of rainbow (red, orange, yellow, green etc etc)
