BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI began the week on a softer note, extending its losing streak to a fourth straight session as the benchmark index remained in the negative territory throughout Monday’s trade.
The broader market also weakened further as reflected by the downbeat market breadth with 741 decliners overwhelming 329 advancers.
Following the recent pullback, the FBM KLCI may find some support as selective bargain-hunting could potentially emerge, particularly among heavily sold-down blue chips and value-oriented sectors.
However, the overall tone is likely to remain cautious as investors continue to monitor key external cues with the upcoming US job openings data taking the limelight.
As such, the local bourse is expected to stay within the longer-term range-bound pattern with trading momentum hinging on shifts in global macro signals.
With the key index forming a hammer candlestick, a potential recovery could be on the cards but gains could be capped at 1,620 points, followed by the next resistance at 1,630 points. Meanwhile, the near-term supports remain pegged at the 1,600-1,595 points.
Malacca Securities Research
Given the negative close in the US yesterday, we believe a clearer direction for the local bourse may only emerge after the US Federal Reserve’s interest rate decision this Thursday (Dec11) .
Meanwhile, we remain optimistic on Insights Analytics Bhd, supported by:
- The roll-out of water utility projects such as the National Non-Revenue Water (NRW) programme (2025-2030) and the Sarawak Alternative Water Supply initiative; and
- The group’s ability to replicate its success in water management solutions within its new intelligent asset management offerings aimed at expanding its reach across the hospitality, transportation and construction industries.
Lastly, we believe current REIT valuations present attractive accumulation opportunities for investors.
The FBM KLCI index closed in negative territory. The technical indicators are showing a mix signal; the MACD histogram is hovering in positive territory while the RSI is threading below 50.
Resistance is anticipated around 1,627-1,632 while support is located at 1,592-1,597. – Dec 9, 2025
