Bursa Malaysia
A weakness in local market emerged
On the local front, the FBM KLCI finally relented from the continuous foreign fund selling as it closes below the 1,600 level. Admittedly, it…
Category: Bursa Malaysia
Bursa Malaysia
Liquidity on the local bourse remains low
While liquidity on the local bourse remains low, there is optimism that the index could test the 1,630 level before year-end. For today, the…
Analyst Report
Market: Buying will still prevail
“Nonetheless, we remain adamant that buyers would still prevail hence expect the benchmark index to chart further upside.” -Rakuten
Bursa Malaysia
Can the local bourse avoid prolonged consolidation?
Bursa is expected to trade within the 1,615–1,625 range, with hopes of surpassing 1,630 to avoid prolonged consolidation.
Bursa Malaysia
Small-cap stocks to attract further bargain hunting activities
We expect small-cap stocks to attract further bargain hunting activities as traders start to adopt risk-on mode
Bursa Malaysia
Market Report: Index to consolidate
Wall Street hit record highs, China’s stimulus boosted sentiment, but Malaysia’s FBM KLCI saw foreign fund-driven sell-offs.
Analyst Report
Strong banking results to boost market’s finance sector
The FBM KLCI may find support in the Finance sector, buoyed by strong banking results. Globally, focus shifts to China’s Manufacturing PMI, while bargain…
Bursa Malaysia
Market: Caution is advised due to persistent weak sentiment
Caution is advised due to persistent weak sentiment and the absence of strong catalysts
Bursa Malaysia
Investors should remain cautious in the absence of fresh catalysts
Investors should remain cautious in the absence of fresh catalysts. Globally, attention is on UK retail sales and US Michigan Consumer Sentiment data.
Bursa Malaysia
Market focus shifts to the ongoing quarterly earnings season
Market focus shifts to the ongoing quarterly earnings season
Bursa Malaysia
Bursa: Concerns of a prolonged consolidation phase
Investors have concerns of a prolonged consolidation phase if an immediate rebound fails to materialize
Bursa Malaysia
Keeping OPR at 3% provides clarity for the local market
Bank Negara Malaysia’s decision to keep the OPR steady at 3% provides clarity for the local market. We expect plantation stocks to remain in…
Bursa Malaysia
Solid earnings growth forecast to improve market sentiments
As we enter into the earnings season, we reckon sentiment should improve underpinned by the solid 15.4% earnings growth forecast for CY24
Bursa Malaysia
BURSA MALAYSIA (HOLD Maintained, FV: RM9.10) Weaker trading revenue for Securities Market in 4Q24
Bursa is on track to meet its fair value 2024 key performance indicators (KPIs), including a targeted 42 IPOs, up from 35 as of…