Stocks and Markets
Mi Technovation: Eyeing Another Stellar Performance in 3Q
Mi Technovation is set to release 3QFY26 results on the 29th Oct 2026, and analysts from Public Investment Bank expect another commendable set of results.…
Category: Analyst Report
Business News
Petra Energy Turns the Corner, Net Profit Seen Jumping Over 400% in FY27: MBSB Research
MBSB Research sees Petra Energy's net profit surging over 400% to RM44 million in FY27, with an indicative fair value of RM0.69.
Analyst Report
FBM KLCI Extends Gains as Tech Stocks Rebound
FBM KLCI rose 0.17% to 1,602.27 for a second straight gain as technology, construction and property stocks led a broad rebound.
Business News
FBM KLCI Recovery Remains Fragile Amid Weak Market Breadth and Foreign Outflows
FBM KLCI rebounded slightly but weak breadth, foreign outflows and fragile sentiment continue to threaten market recovery prospects.
Analyst Report
KLCI expected to extend bargain hunting as valuations remain attractive
Bargain hunting is expected to continue on Bursa Malaysia as easing Middle East tensions and attractive valuations support selective stock picking.
Stocks and Markets
Global markets mixed as Treasury yields rise above 5%
Global equities traded mixed as rising US Treasury yields and higher-for-longer rate expectations offset resilience in technology and AI-related stocks.
Stocks and Markets
KLCI falls as foreign selling weighs on Malaysian equities
The FBM KLCI fell 0.55% as persistent foreign selling, elevated US Treasury yields and expectations of further rate tightening weighed on sentiment.
Analyst Report
KLCI slips below 1,680 as rate concerns weigh on Malaysian equities
The FBM KLCI fell 1.11% to 1,679.21 as broad selling pressure returned ahead of the US Federal Reserve rate decision.
Analyst Report
KLK Removing the Synthomer Overhang (KLK MK, Neutral, TP: RM23.86)
Analysts maintain Neutral on KLK with a higher SOP-based TP of RM23.86. No dividend was declared for the quarter
Analyst Report
Global Markets Gain As Investors Await Nvidia Earnings
Global markets edge higher as investors await Nvidia earnings, US economic data and Jackson Hole guidance amid persistent trade uncertainties.
Analyst Report
Malaysia Inflation Eases, but Cost Pressures Keep Risks Elevated
Malaysia’s inflation eased to 1.8% in July as transport costs moderated, but food, producer prices and supply risks keep the inflation outlook tilted upward.
Stocks and Markets
KLCI Faces Resistance Near 1,750 Level
Index closed at 1,725.89, above longer averages but weak near-term. Break below 1,720 risks deeper pullback toward 1,700 support.
Business News
KLCI Outlook Cautious Amid Geopolitical Risks
Immediate environment stays cautious, not bearish. Investors favour selective stock-picking in defensives, construction and tech while watching external risks closely.
Analyst Report
Feature Report: Expect 2Q GDP Growth at +5.9%yoy, Slightly Above Advance Estimate
We anticipate Malaysia’s economy to grow by +5.9%yoy in 2QCY26, slightly above the +5.8% advance estimate. Domestic demand should remain an important growth anchor,…
Analyst Report
Malaysia Smelting: Earnings Surge (SMELT MK, Outperform, TP: RM3.10)
Malaysia Smelting Corporation Bhd (MSC) reported a more than two-fold YoY increase in 2QFY26 net profit to RM34.0m, mainly driven by higher average tin…
Analyst Report
Sunway REIT: Steady Performance (SREIT MK, Neutral, TP: RM2.35
Sunway REIT’s (SREIT) 2QFY26 realised net profit came in at RM106.5m (+10.3% YoY, -2.3% QoQ) which was slightly ahead of our estimates but largely…