BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI recouped part of its previous session’s losses on Wednesday, tracking the firmer performance across most regional markets.
Trading activity moderated with total volume declining to 2.77 billion shares from 3.36 billion shares in the preceding session.
However, market breadth improved and turned positive as 518 gainers edged 483 decliners, reflecting a modest recovery in risk appetite and an improvement in overall market sentiment.
Looking ahead, the key index may attempt to build on its rebound over the near term, supported by the improvement in regional sentiment and the return of selective bargain-hunting following recent weakness.
Nevertheless, upside momentum could remain measured as investors await the final reading of US’ 1Q 2026 GDP (gross domestic product) for further clues on the strength of the US economy as well as trajectory of the US Federal Reserve policy.
A stronger-than-expected GDP print may reinforce expectations of a resilient US economy and vice versa.
Technically, the index could extend its recovery towards the immediate resistance zone located at 1,693-1,700 points. On the flipside, the near-term support remains pegged at 1,673 points, followed by 1,665 points.
Malacca Securities Research
Tracking the positive Micron results, we expect the FBM KLCI to trade on a positive tone today.
Given the continuous sell-down in crude oil prices which should lower the cost of plastic resins, market sentiment will bode well for Spritzer Bhd and Life Water Bhd.
Lastly, we favour both JHM Consolidation Bhd and SCICOM (MSC) Bhd; the former recorded a positive turnaround in its 1Q FY2026 against net losses in FY2025 coupled with its newly secured RM300 mil automotive parts contract with Proton.
Meanwhile, the latter benefits from its strategic partnership with Telekom Malaysia Bhd (TM) which will integrate SCICOM’s AI (artificial intelligence) platforms and business process outsourcing (BPO) into TM’s digital infrastructure.
While the FBM KLCI rebounded slightly, its technical indicators are suggesting mixed signals at this current juncture with the MACD histogram having tilted towards the positive region while the RSI is hovering below 50.
Resistance is seen around 1,697-1,702 with support at 1,662-1,667. – June 25, 2026
