BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI extended its gains on Monday after re-testing the 1,700 psychological level, driven by gains across selected plantation and banking heavyweights.
Trading activity improved with total volume rising to 3.10 billion shares from 2.85 billion shares in the previous session.
Market breadth, however, turned negative with 653 decliners overtaking 440 advancers, highlighting weaker risk appetite across the market.
The FBM KLCI could adopt a more cautious tone as geopolitical tensions in the Middle East escalate, compounded by the US re-imposition of a blockade at the Strait of Hormuz.
The move will likely dampen investor sentiment with heightened concerns over potential disruptions to global energy supplies and broader implications for inflation, trade flows and overall market stability.
Meanwhile, investors will await the release of the US Consumer Price Index (CPI) data later tonight for fresh clues on the Federal Reserve’s policy trajectory.
A softer-than-expected inflation reading may bolster global risk sentiment while any upside surprise could prompt a more cautious stance across regional markets.
Technically, the key index has gapped up and looks to breakout above the 1,700 psychological level.
The immediate resistance remains located at 1,700 points, followed by 1,711 points. On the flipside, near-term supports are pegged at 1,683 points and 1,676 points respectively.
Malacca Securities Research
Despite volatility across global markets, we expect the FBM KLCI to remain resilient following the conclusion of the Johor state election as fund flows potentially shift towards high-alpha domestic growth stories.
Ramssol Group Bhd’s recent headlines have been positive as it unlocked a major catalyst via its AI (artificial intelligence) platform partnership with Wofeng Global to compound its robust earnings recovery and regional expansion
Elsewhere, Edelteq Holdings Bhd presents a healthy entry point for a tech turnaround given its resilient double-digit top-line growth provides a sturdy fundamental cushion for a swift technical rebound.
Extending its gains, the FBM KLCI remained above its short-term moving average. Although the MACD histogram has contracted slightly, the RSI continued to rise above the 50 threshold.
The index faces near-term resistance within the 1,713-1,728 zone while support is pegged between 1,668 and 1,683. – July 14, 2026
