BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI started the week on a positive note as investors brushed aside escalating geopolitical tensions in the Middle East to instead focused on sustained demand for AI (artificial intelligence) -related technologies.
Trading activity, however, eased with total volume declining to 3.60 billion shares from 4.34 billion shares in the previous session.
Market breadth remained slightly negative with 610 decliners outnumbering 488 advancers, suggesting that the broader market’s recovery continues to lag the benchmark’s performance.
Going forward, the FBM KLCI may attempt to build on yesterday’s gains in the near term, supported by continued interest in technology-related counters and a relatively resilient risk appetite.
Nevertheless, the lack of broad-based participation and on-going geopolitical uncertainties could temper further upside.
Investors are likely to remain selective with market direction hinging on developments in global markets, the technology sector and prevailing risk sentiment.
With the key index forming a gap up and a bullish candlestick to recover most of previous session losses, the recovery prospects are likely to resume.
The immediate resistances are located at 1,722 points, followed by 1,727 points. Meanwhile, near-term supports remain pegged at 1,700 points and 1,686 points respectively.
Malacca Securities Research
We expect the FBM KLCI to extend its gains on a selective footing amid a mixed global backdrop with stock-specific catalysts likely to drive interest.
We continue to favour Pekat Group Bhd following its latest three subcontracts worth RM57.2 mil for earthing and lightning protection works at a hyperscale data centre in Johor.
AWC Bhd also remains in focus after securing a RM23.1 mil data centre subcontract, thus further expanding its exposure to mission-critical infrastructure.
Meanwhile, Coastal Contracts Bhd staged a 52-week-high breakout following a strong 1H 2026 profit of RM201.2 mil while ECA Integrated Solution Bhd could ride its continued earnings recovery following its return to profitability in 4Q 2025 with 1H 2026 net profit reaching RM3.23 mil vs a RM6.64 mil loss previously.
The FBM KLCI staged a mild rebound by stabilising near key support levels as technical indicators remain mixed. The MACD histogram continues to form a rounding-bottom formation while the RSI remains below the 50 level.
Key resistance lies at 1,730-1,745 with support anchored at 1,685-1,700. – Sept 8, 2026
