Latest Listless trading session expected
Bursa Malaysia

Market Outlook & Technical Analysis Summary

Resistance at RM1.91 (R1) and RM2.00 (R2), with support at RM1.76 (S1) and RM1.68 (S2) in our market analysis

Market Sentiment: The emergence of buyers may be driven by positive expectations for domestic corporate results in 2024. The index is expected to trade within the 1,590-1,600 range today.

Stock Analysis: market outlook

BMGREEN (0168): Resistance at RM1.91 (R1) and RM2.00 (R2), with support at RM1.76 (S1) and RM1.68 (S2).

LINK REIT (HK.823): BUY recommendation with 19.5% potential upside. Resistance at HKD36.50 (R1) and HKD38.00 (R2), support at HKD34.20 (S1) and HKD33.80 (S2).

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