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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 youby 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, theanalysis here is confined to these two markets. Analysis is done with our proprietary UT-XRAYsystem.

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MALAYSIAN MARKET (KLCI)

We can deduce certain characteristics of the Kuala Lumpur Composite Index from the chartabove.

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 tobond just yet.

As the index hits the second red line from the top, it cannot move much further until it hits thethird red line (below), which happened recently when the market had a huge selloff which can’treally be explained except by the fact that market psychology has its trend, up and down, shortterm and long term, affecting supply and demand. This can be observed nicely from the chartabove.

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 seeabove (there are 5 red lines).

See next page for analysis on the China markets.

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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.

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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 significantlyor 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. Pleasenote that Unit Trust is a long term investment, we hope to gain insyaAllah more than traditionalmeans of savings. However significant volatility can be expected, patience is required and it iscritical 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 standardpractice. 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 noguarantee of future performance.