Bargain-hunting activity is expected to continue as recent selling pressure appears to be overdone. The index is anticipated to trade…
Lower Liners: Robust liquidity and improved trading sentiment are expected to sustain gains for lower liners.
Selling could be tied to uncertainty around Trump’s return on Jan 20
However, a rebound could occur as bargain hunting in undervalued stocks gains traction.
Excellent opportunity to accumulate shares thus expect the index to hover within the 1,565-1,580 range today
Export-oriented sectors remain attractive, supported by a stronger USD and increased global competitiveness. The energy sector, including PCHEM, ARMADA, and…
However, the market pullback offers investment opportunities due to attractive valuations. Investors are also monitoring Malaysia’s retail sales data.
Bursa Malaysia dipped amid global bond sell-off and profit-taking, with FBM KLCI down 5.55 points, reflecting weak sentiment.
Despite the decline, attractive valuations offer buying opportunities, with the FBM KLCI expected to trade between 1,615–1,625 today.
Export-oriented sectors like gloves, furniture, and technology might benefit from a weaker MYR against the USD, enhancing global competitiveness.
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