Market pullbacks offer buying opportunities

The FBM KLCI is expected to trade within a tight range as cautious sentiment persists amid US tariff uncertainties.

Buying opportunities

However, market pullbacks offer buying opportunities due to attractive valuations. Foreign funds are likely to continue selling due to the lack of clear recovery catalysts.

Sector Focus: Positive outlook on export-oriented sectors like gloves, furniture, and logistics due to the weaker MYR, along with the plantation sector benefiting from CPO price recovery.

Technical Outlook

A bearish harami candle formed, erasing previous gains. The MACD remains above the Signal Line, but RSI dropped below 50. Resistance is at 1,630, with support at 1,570.

More Business News

Staff Writer

Recent Posts

MARA LINER seals six strategic partnerships to drive smart mobility transformation

MARALINER signed six strategic partnerships to strengthen smart mobility, fleet management, EV development and integrated…

6 hours ago

SML Group secures SBTi net-zero validation, wins global RFID sustainability awards

SML Group earned SBTi net-zero validation and multiple global awards recognising RFID innovation, sustainability leadership…

14 hours ago

MEF Highlights Labour Weakness

Malaysia's Migrant Repatriation Programme 2.0 extended to May 2027; industry groups call for policy clarity…

15 hours ago

Azizan Abdul Aziz named Bursa’s Islamic capital market director

Bursa Malaysia appoints CFO Azizan Abdul Aziz as Islamic capital market director, reinforcing focus on…

2 days ago

Huawei Launches FusionSolar9.0 in Malaysia

Huawei unveils FusionSolar9.0 in Malaysia, introducing AI‑powered, grid‑stabilising solar technology to boost clean energy transition…

2 days ago

Private Markets Face Slower Adjustment as Higher Rates and AI-Driven Growth Reshape Global Finance

Private markets remain resilient but face mounting pressure from higher rates, weak exits, concentrated AI…

2 days ago

This website uses cookies.