BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI succumbed to mild profit taking yesterday, ending a two-day upward streak after it retested the 1,760 level during the session.
For much of the session, however, the key index was in the negative territory due to the lack of new buying impetuses that saw traded volumes slipping below 3.0 billion shares for the day.
At the same time, broader market conditions were mixed as reflected by the near-equal gainers and losers’ ratio.
Market conditions are still largely at a neutral stance for now as the key index attempts to build up a base above the psychological 1,700 level as well as to hover close to the 1,750 level ahead of the upcoming Lunar New Year break next week.
At the same time, investors are also keeping a keen eye on Friday’s GDP (gross domestic product) announcement that could set the tone for the key index’s direction further ahead.
The most recent prognosis is for the GDP performance to be ahead of earlier estimates on continuing strong domestic activities and improved manufacturing output in 4Q 2025.
Consequently, we see the key index set in a range-bound trend in the day ahead, lingering within the 1,742 and 1,755 levels as it continues to build up a base.
The other support and resistance levels are located at 1,740 and 1,771 points respectively, the latter being its recent high.
Malacca Securities Research
Given the stronger ringgit and the upcoming CNY (Chinese New Year), we believe the trading environment favours consumer stock like Padini Holdings Bhd in the near term while Bermaz Auto Bhd and Betamek Bhd could benefit.
Meanwhile, we favour Hartanah Kenyalang Bhd following its recent pullback as the Sarawak-based builder continues to secure contracts, including a record RM275 mil Sibu prison award which lifts its total order book to RM567.7 mil.
Another Sarawak play, Reach Ten Holdings Bhd has seen growing buying interest, signalling a potential bottom or accumulation phase.
Moving forward, the investment theme should remain focused on domestic-centric counters, driven by a strengthening ringgit and Visit Malaysia Year 2026 (VMY 2026).
The local bourse extended its upward momentum to kickstart the week. However, technical indicators suggest the momentum is still weak at this juncture as the MACD histogram tilted into the negative territory while the RSI remains below the 70 level.
Resistance is seen around 1,766-1,771 with support at 1,731-1,736. – Feb 11, 2026
