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 decline to close marginally lower again amid heightened Middle East tensions that pushed Brent crude oil prices hitting US$100/barrel/
Trading activity moderated with total volume easing to 3.67 billion shares from 4.13 billion shares in the previous session.
Market breadth remained fairly balanced with 551 gainers against 531 decliners, highlighting the lack of clear directional conviction among market participants.
Going forward, the FBM KLCI is likely to remain on a cautious bias tone as investors assess the potential economic impact of persistently elevated oil prices.
Concerns over the inflation outlook could weigh on sentiment, particularly as higher energy costs translate into broader price pressures.
With Brent crude oil price climbing above US$100/barrel amid escalating Middle East tensions, investors are likely to remain focused on developments in the region and their implications for inflation and interest rate.
Technically, the key index has formed a doji candlestick and remains within the short-term consolidation band.
The immediate resistances are located at 1,722 points, followed by 1,727 points. Meanwhile, near-term supports remain pegged at 1,705 points and 1,700 points respectively.
Malacca Securities Research
Tracking Wall Street’s overnight weakness, we expect the local bourse to remain soft although the data centre theme remains intact with construction and selected technology stocks likely to stay in focus.
Meanwhile, GTA Holdings Bhd saw a knee-jerk sell-off following news of a Sarawak helicopter crash which is unrelated to its operations.
We believe GTA’s investment thesis remains intact, supported by recurring sovereign defence contracts, upcoming budget catalysts and backing from cornerstone investor Lembaga Tabung Angkatan Tentera (armed forces pension fund).
Hence, we view the weakness as an accumulation opportunity with our fair value unchanged at 58 sen.
Similarly, investors could accumulate KPJ Healthcare Bhd following its technical sell down since late August as this presents a value-picking opportunity in a fundamentally solid company.
The FBM KLCI traded marginally lower as the technical indicators showing weakening momentum with the MACD histogram continuing to trade in its negative territory while the RSI is hovering below 50.
Resistance sits at 1,729-1,734 while support is established at 1,694-1,699. – Sept 10, 2026
