FBM KLCI continued with its decline, back to around 1,600 amid persistent selling by foreign funds. We were indeed perplexed by the unrelenting foreign unloading that started in October rendering the local bourse short of liquidity.
Nonetheless, we believe 1,600 to remain as a solid psychological support for now thus expect the index to hover within the 1,600-1,610 today.
Technical View: ATECH (5302)
Read more Business News
In 2026, we expect Malaysia’s economy will grow at +4.2%, underpinned by continued expansion in domestic…
Tambadana, a Malaysian financing company, enhances customer loyalty through engaging seasonal campaigns, promoting financial literacy…
PNB appoints Rizal Rickman Ramli as new President & Group CEO, succeeding Dato’ Abdul Rahman…
AMD unveiled MRC to strengthen AI networking. The protocol ensures GPUs stay synchronized under real‑world…
Frontken posts RM38.9m profit, driven by Malaysia O&G surge and Taiwan semicon demand; TP raised…
KLCI’s breakout above its symmetrical triangle formation signals further upside towards 1,777 as market sentiment…
This website uses cookies.