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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 rebounded on Monday, driven by a broad-based recovery with more than two-thirds of the key index components closing in the green.
Market participation, however, dwindled with volume traded at 3.25 billion shares as compared to 3.55 billion shares in the previous session.
The broader market closed mixed as overall market breadth remained negative with decliners outpacing advancers on a ratio of 762-to-450 stocks, reflecting extended profit taking among the lower liners, particularly in technology stocks.
For the day ahead, the FBM KLCI may attempt to build onto yesterday’s recovery, supported by improved sentiments and selective buying interest in index heavyweights.
Renewed optimism in global equities from the trade agreement between US and China could further lend support to the benchmark index.
Upside potential could be more measured amid a more subdued tone in the overall market participation.
Technically, the FBM KLCI has formed a bullish candlestick and is currently re-testing the upper bound of the consolidation zone.
A breakthrough could lift the key index higher to target the next resistance located at 1,638 points and 1,650 points respectively. Meanwhile, the 1,611 points will serve as near-term support, followed by the 1,600 psychological level.
Malacca Securities Research
In tandem with Wall Street’s overnight performance, we expect the FBM KLCI to trade on a mixed note without any fresh catalysts.
However, we believe traders will be looking for ideas within the defensive sectors such as utilities and consumer in view of a risk-off environment.
We favour Eco-Shop Marketing Bhd, 99 Speed Mart Retail Holdings Bhd and Spritzer Bhd; the latter could have a potential boost from higher tourist arrivals in view of Visit Malaysia Year 2026 (VMY 2026).
Meanwhile, we still favour data centre proxies given the robust results from key global tech firms and their upward capex guidance – a key indication of persistent demand within this segment.
As the FBM KLCI index closed in the positive territory, the technical indicators are showing a positive signal; the MACD histogram is hovering in the positive territory while the RSI is hovering above 50.
Resistance is anticipated around 1,637-1,642 while support is located at 1,602-1,607. – Nov 4, 2025
The post What to expect on Bursa Malaysia this Tuesday first appeared on Focus Malaysia.
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