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BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI retreated last Friday to close out the month of October on a slightly weaker note (-0.2% month-on-month).
Market participation, however, edged higher with 3.55 billion shares exchanging hands from 3.46 billion in the previous session.
The broader market ended mixed as market breadth remained negative with 563 decliners vs 470 advancers, reflecting persistent profit-taking activities and a cautious trading tone.
For the week ahead, the local bourse may trade on a cautious undertone as investors digest the recent flattish month-end performance and monitor global macroeconomic cues.
Overall, the benchmark index is expected to remain directionless over the near term with sentiments largely guided by foreign fund flows and developments in global economic data.
Investors will be keeping a close tab on key data releases such as the manufacturing PMI for Malaysia and US later today.
Technically, the FBM KLCI is expected to remain range-bound amid the lack of fresh domestic leads.
The upper bound of the consolidation pattern at 1,622 points will serve as the immediate resistance, followed by 1,638 points. Meanwhile, the 1,600 psychological level will remain as the near-term support, followed by 1,580 points.
Malacca Securities Research
In view of the positive overnight performance on Wall Street, we expect the FBM KLCI index to follow suit and trade on a firmer note.
Moreover, we believe this will support buying interest within the technology sector, with a key focus on high-momentum stocks like Kelington Group Bhd, ViTrox Corp Bhd and Frontken Corp Bhd.
Moreover, we believe traders may focus on Life Water Bhd as we think market participants have yet to price in additional contributions from the 99 Speed Mart Retail Holdings Bhd placement while the recent Twinine acquisition should further enhance its customer base in Sabah.
We further think the stock is trading at attractive valuation multiples with margins standing well above its peers.
The FBM KLCI index closed lower on Friday; however, technical indicators are showing a positive signal with the MACD histogram hovering in the positive territory while the RSI is hovering above 50.
Resistance is anticipated around 1,629-1,634 while support is located at 1,594-1,599. – Nov 3, 2025
The post What to expect on Bursa Malaysia this Monday first appeared on Focus Malaysia.
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