BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI registered its third consecutive session of decline on Friday, weighed down by persistent profit-taking across more than two-thirds of the key index constituents.
The weakness also spilled over to the broader market where many of the lower liners closed in the red, hence resulting in market breadth turning negative with 604 decliners outpacing 439 advancers.
The FBM KLCI is likely to remain guarded and trade within the consolidation range over the near term as investors stay cautious ahead of several key global economic events.
Market sentiment is expected to be guided primarily by the upcoming US Federal Reserve interest rate decision later this week which will shape expectations on the timing and magnitude of future policy easing.
Any shift in the Fed’s tone could influence regional fund flows and drive volatility across emerging markets, including Bursa Malaysia.
Technically, the key index has formed another bearish candlestick and continues to hover within the longer-term consolidation band.
A recovery, if any, is expected to keep gains in check with the immediate resistance located at 1,630 points, followed by 1,638 points.
Malacca Securities Research
Tracking the positive close in the US, we anticipate the FBM KLCI will start the week on a rebound.
Traders may accumulate Edelteq Holdings Bhd following its recent pullback as we believe the company will continue to benefit from global trends in generative AI (artificial intelligence) and advanced data processing with its growing 9M FY2025 results as compared to 9MFY24.
Meanwhile, we are optimistic about the news that Geohan Corp Bhd (M+ target price: 66 sen) has secured two bored-piling and related construction contracts worth a combined RM59 mil for the Penang LRT Mutiara Line project.
Lastly, the recent correction in REITs presents attractive buying opportunities for investors.
The FBM KLCI index closed in negative territory. Meanwhile, the technical indicators are showing a mix signal; the MACD histogram is hovering in positive territory while the RSI is trading below 50.
Resistance is anticipated around 1,631-1,636 while support is located at 1,591-1,596. – Dec 8, 2025
