
Bargain hunting on local bourse expected
Yesterday the FBMKLCI closed sharply lower to below the 1,700 mark but analysts sees bargain hunting today

Yesterday the FBMKLCI closed sharply lower to below the 1,700 mark but analysts sees bargain hunting today

KLCI seen higher on tech momentum and Merdeka optimism, with selective buying expected amid earnings season and firmer plantation prices.

QL Resources Berhad reported stable 1QFY27 profits, affected by margin erosion across multiple segments and higher taxes.

Life Water's net profit increased 21% in 4QFY26, driven by sales growth and improved pricing strategies.

FBM KLCI gains 0.70% as pre-Merdeka buying, technology strength and positive momentum support sentiment ahead of key resistance levels.

FBM KLCI remains cautious but mildly positive, with earnings season and key technical levels likely to guide investor sentiment.

Kelington's 1H26 earnings are promising, with a record order book indicating strong future performance and visibility through 2027.

Malaysian equities may trade cautiously amid weaker global markets and geopolitical risks, with investors advised to lock in gains selectively.

HE Group Berhad's 2QFY26 profit increased significantly, but 1HFY26 results fell short; expecting improvement in 2HFY26.

Sports Toto's 4QFY26 profit rose 55% to RM62.5m, but forecasts are cut due to ongoing challenges.

KLCI faces profit taking as global inflation eases, but geopolitical tensions and elevated oil prices keep investors cautious.

For Malaysia, higher oil prices offer support to Energy and selected Utilities counters but could also raise inflationary pressures

KLCI slips as oil prices rise; global markets cautious ahead of U.S. inflation data, with volatility expected near term.

The KLCI may retain a mild upward bias, supported by domestic resilience and selective buying despite oil prices and geopolitical risks.

Asia-Pacific IPOs surge in value; Malaysia leads Southeast Asia listings, while Singapore shows strong rebound under market development programme.

Mixed Big Tech earnings, hawkish Fed signals and Negeri Sembilan polls are expected to keep Bursa investors cautious and selective today.