The FBM KLCI closed lower following a solid performance on Monday. We believe the local bourse still has legs to trend higher as yesterday’s selling was well absorbed.
Read more Business News
“Although the daily volume traded remained low, we believe market velocity is gathering traction thus anticipate shares traded to improve over time,” says Rakuten.
“For today, we expect the index to trend within the 1,640-1,650 range. As we enter into another earnings season, results reported so far have been quite decent and more can be expected from the Banks and Telcos going forward,” analyst say.
Technical View: EG (8907)
Resistance levels are identified at RM2.34(R1) and RM2.50 (R2). Support levels are pegged at RM1.97 (S1) and RM1.75 (S2
Pavilion REIT posts higher Q1 2026 DPU at 2.80 sen, supported by stronger net property…
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…
This website uses cookies.