KUALA LUMPUR, 11 August 2025 – The FBM KLCI ended Monday’s session at 1,556 points, buoyed by buying interest in laggard stocks, according to Rakuten Trade. For today, the brokerage expects the benchmark index to trade within the 1,550 to 1,560 range.
Freeport-McMoRan
On the technical front, Rakuten Trade identified IHH Healthcare Bhd (5225) with resistance levels at RM7.03 and RM7.17, and support at RM6.85 and RM6.74. In U.S. markets, Freeport-McMoRan Inc (FCX) was flagged as a buy, with a potential upside of 22.1% supported by positive technical indicators. Resistance levels were noted at USD43.60 and USD46.20, while support stood at USD38.80 and USD37.10.
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