FKLI Market Demography for July 2008

Category Jun08 Jul08 Change
-------- ----- ----- -------
Foreign institution 46% 37% -19.57%
Domestic institution 1% 1% unch
Foreign retail 0% 0% unch
Domestic retail 38% 46% +21.05%
Locals 15% 16% + 6.67%
Proprietary 0% 0% unch

Some interesting figures on the FKLI demographics. The market is dying with foreign institution participation shrinking, meaning that foreigners have pulled out of Malaysia stocks, due to political uncertainty. Basically hedgers are the ones who provide the $, otherwise it is just a zero sum game amongst the thin pool of players in this market.