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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 held on to its intraday gains on Tuesday, easing from earlier highs as selective strength in banking heavyweights cushioned profit-taking in utilities giants.
Trading activity picked up with volume rising to 3.59 billion shares from 3.25 billion shares previously amid broader market profit-taking.
Market breadth remained weak with decliners outnumbering advancers on a ratio of 905 to 321 stocks.
For the day ahead, the FBM KLCI is expected to trade with a cautious bias tone, taking cue from the weakness on Wall Street overnight.
While selective interest in defensive and banking heavyweights may lend some support, overall sentiment is likely to remain subdued in the near term.
Meanwhile, investors will be keeping a close watch onto Eurozone’s PPI as well as US Services PMI data later today.
Technically, the FBM KLCI has formed an inverted hammer candlestick yesterday and that could potentially lead to a pullback over the near term.
Nevertheless, the 1,622 points hurdle was cleared as sustained recovery could lead the index higher towards 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
Given the negative US overnight performance, we expect the FBM KLCI to trade on a softer note.
However, following the decent US tech earnings, we anticipate buying interest to cushion the downside risk on the domestic technology sector with a key focus on stocks such as Kelington Group BhdViTrox Corp Bhd and Frontken Corp Bhd.
Traders may also focus on consumer names like Eco-Shop Marketing Bhd, 99 Speed Mart Retail Holdings Bhd and Spritzer Bhd given the expected surge in tourist arrivals ahead of Visit Malaysia Year 2026 (VMY 2026).
Meanwhile, we think traders have yet to fully price in the impact of Life Water Bhd’s product placement in 99 Speed Mart and the stock could potentially play catch-up in the near term.
The FBM KLCI index closed in positive territory with the technical indicators showing a positive signal; the MACD histogram is hovering in the positive territory while the RSI is hovering above 50.
Resistance is anticipated around 1,638-1,643 while support is located at 1,603-1,608. – Nov 5, 2025
The post What to expect on Bursa Malaysia this Wednesday first appeared on Focus Malaysia.
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