BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
(Not available yet at the time of writing)
Malacca Securities Research
Closer to home, broadly negative selling pressure on Wall Street coupled with US President Donald Trump’s recently renewed tariff measures may dampen local sentiment.
However, healthy foreign fund inflows continue to support the FBM Small Cap Index.
Hence, we believe a “pick-and-shovel” play is emerging within the data centre value chain, particularly in M&E (mechanical and electrical) segment; MN Holdings Bhd may provide traders with exposure to the latter, especially given its recently secured contracts worth RM122.7 mil.
Lastly, 99 Speed Mart Retail Holdings Bhd may offer a more conservative stance while Well Chip Group Bhd, Evergreen Max Cash Capital Bhd and Pappajack Bhd could provide exposure to a near-term positive expected move in gold.
Friday’s session saw profit-taking activities on the local bourse. All in all, technical indicators remain in positive territory with the MACD histogram expanding positively while the RSI stayed above the 70 level.
Resistance is anticipated around 1,727-1,732 while support is seen at 1,692-1,697. – Jan 19, 2026
