Over the past five years, the average return for a 1-month holding period before the Budget would generate a return of about 0.5%. However, if one were to exclude the Budget 2009, which was announced to combat the global financial meltdown, the market return is a modest 1.9%.
From the 30 stocks listed on the FBMKLCI, CIMB research manage to locate 2 stocks that offered at least 5% return in the one-month period: Genting and IOI Corp.
In addition, it's always good to know our M'sia main investment arm: Khazanah stakes in BURSA. I'm pretty sure some of them will get direct benefit from the coming Budget.
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