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 all its previous session’s losses on Wednesday, supported by renewed buying interest in selective blue chips amid the largely positive regional market performances.
Trading activity, however, eased to 2.55 billion shares from 2.65 billion shares recorded in the previous session despite broader market sentiment was slightly favourable with 575 advancers nudging 474 decliners.
The stronger close on the FBM KLCI yesterday implies an improved conviction of the recovery trend as buying interest was sustained into the final trading hour.
The benchmark is poised to extend its rebound with a mild positive bias, underpinned by improving market breadth and firmer regional cues although gains may remain measured after the strong US jobs data bolstered the case for interest rates to stay on hold for the foreseeable future.
Investors will also be keeping a close tab on Malaysia’s upcoming 4Q 2025 GDP (gross domestic product) data slated for release tomorrow (Feb 13) noon.
Technically, the FBM KLCI has gapped up and formed a bullish candlestick to resume its recovery trend and is likely to take a jab towards the immediate resistances located at 1,760 points and 1,770 points respectively.
On the other hand, the immediate support is served at 1,738 points, followed by the 1,720 points.
Malacca Securities Research
With the approaching of CNY (Chinese New Year) – coupled with the strengthening ringgit – we believe sentiment will favour Padini Holdings Bhd and AEON Co (M) Bhd as evident from their breakouts yesterday.
We further expect investors to turn their attention to TechStore Bhd, underpinned by: (i) the group’s 9M FY2025 results which have already outperformed the full-year FY2204 figures; and (ii) its recent RM54.8 mil contract win from the Home Ministry to upgrade the National Registration Department’s record system in Putrajaya.
Lastly, M&E engineering solutions provider Kee Ming Group Bhd (M+ target price: 69 sen) which saw an oversubscription of 54.16 times will be listed on the ACE Market today (Feb 12).
The FBM KLCI extended its upward momentum and traded higher. However, technical indicators suggest the momentum is still weak at this juncture as the MACD histogram has tilted into the negative territory while the RSI remains below the 70 level.
Resistance is seen around 1,771-1,776 with support at 1,736-1,741. – Feb 12, 2026
