Analysts maintain positive view on construction sector, citing strong orderbooks, government infrastructure rollout, and manageable margin impacts from rising costs.
Frontken’s 3Q25 profit dipped on higher costs, but FY26 growth prospects remain strong with new capacity and M&A plans.
Resistance at RM1.91 (R1) and RM2.00 (R2), with support at RM1.76 (S1) and RM1.68 (S2) in our market analysis
The recent lackluster performance may present bargain-hunting opportunities, with the FBM KLCI likely to trade within the 1,580-1,590 range today.
Another bullish performance by the benchmark index on last Friday after recently breaking the stubborn resistance of 1,465 - Market…
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