KUALA LUMPUR: The FBM KLCI hastened its decline headed into midday as the blue-chip counters fell in unison on the Budget 2022 proposal of a one-off special tax on high-income companies. At 12.30pm, the key index had plunged 32.96 points to 1,529.35, just slightly off its day's low of 1,527.73. The market breadth remained overwhelmingly negative with 725 decliners versus 100 gainers. While all 30 index stocks were submerged, the biggest loser was Petronas Chemicals, which lost 39 sen to RM8.30. Bank stocks were also hard hit with Public Bank sliding 13 sen to RM4.04, CIMB slumping 20 sen to RM5.02 and Hong Leong Bank falling 54 sen to RM17.92. Maybank slipped six sen to RM7.99. In telcos, Axiata was hammered down 12 sen to RM3.83 while Digi dropped seven sen to RM4.16 and Maxis lost six sen to RM4.61. Plantation counter Sime Darby Plantation dropped two sen to RM3.99 while IOI Corp shed eight sen to RM3.85. On the broader market, the top actives were MMAG down 0.5 sen nto 10 sen, AirAsia X sliding two sen to 7.5 sen and Hextar Industries up two sen to 16.5 sen. In Asian markets, stocks edged higher on Monday, led by a post-election jump in Japan's Nikkei. Tokyo's benchmark index leapt 2.3% after the country's ruling party held on to its single-party majority in a convincing victory for Prime Minister Fumio Kishida. South Korea's Kospi rose 0.5% while in Shanghai, the composite index was up 0.1%. Hong Kong's Hang Seng however was down 0.1% while Australia's ASX200 was up 0.7%. Adopted from: The Star, (2021), "FBM KLCI extends decline as selling momentum accelerates [Online], 1 November 2021. Available from: https://www.thestar.com.my/business/business- news/2021/11/01/fbm-klci-extends-decline-as-selling-momenturn-accelerates Given the above scenario, you are required to answer the following questions based on this module content outline 1) As an individual investor in Malaysia, you believe the main index of Malaysia stock market, FBM KLCI (FTSE Bursa Malaysia KLCI) would decline further in the year of 2022. The FTSE Bursa Malaysia KLCI (FBMKLCI) comprises the largest 30 companies listed on the Main Board by full market capitalisation that meet the eligibility requirements of the FTSE Bursa Malaysia Ground Rules. Given strong belief in the that market trend, you aim to make a significant capital gain from the financial exchanges in Malaysia. Based on this module content outline, suggest TWO (2) suitable financial instruments (ie any specific equity-based, debt-based or neither debt-based nor equity-based of financial instruments) and explain in detail on how you would apply that financial instruments in order to meet your objective effectively and efficiently. (14 marks)