Key Indices
Top Stories
Strategy | Alpha Picks: Navigating Pullback With Quality Leaders And Selective Laggards
- Our Aug 26 Alpha Picks outperformed the FBMKLCI at +2.0%. For Sep 26, cautious sentiment – particularly among small mid-caps after recent outperformance and sharp sell-offs in several high-profile names – supports a defensive, quality-focused strategy. We favour large-cap domestic leaders with resilient earnings and robust cash flows, while selectively accumulating fundamentally sound laggards, prospective earnings outperformers and secular growth beneficiaries. Our picks are Bermaz Auto, CIMB Group, Dialog Group, Gamuda, Northeast Group, Petronas Dagangan, SD Guthrie, Solarvest Holdings, Sunway REIT, and Tenaga Nasional.
Sector Update | Oil & Gas
- Petronas’ 1H26 is a story of portfolio restructuring and clearing legacy roadblocks. The outperformance in upstream and gas segments offsets a recognition of substantial RM22m accumulated JV losses in PRefChem. The upstream assets restructuring and finalisation of PRefChem ownership are ultimately important for energy security. While it remains to be seen if these trends can overcome the sentiment of the Petronas-Petros constitutional issue, nearterm risks on workflow disruptions will be apparent for 2H26. Maintain MARKET WEIGHT.
Market Spotlight
- The FBMKLCI rose 8.20pt (+0.48%) to close at 1,708.74 yesterday, in a technical rebound after a few consecutive days of losses.
- US stocks were higher after the close on Wednesday, as gains in the basic materials, healthcare and financials sectors led shares higher.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Prolintas Infra Business Trust | PLINTAS MK
- Trading Buy Range: RM0.93-0.935
Sealink International | SELI MK
- Trading Buy Range: RM0.30-0.32
Vantris Energy | VANTNRG MK
- Trading Buy Range: RM0.355-0.36
Top Stories
Strategy | Alpha Picks: Navigating Pullback With Quality Leaders And Selective Laggards
- Our Aug 26 Alpha Picks outperformed the FBMKLCI at +2.0%. For Sep 26, cautious sentiment – particularly among small mid-caps after recent outperformance and sharp sell-offs in several high-profile names – supports a defensive, quality-focused strategy. We favour large-cap domestic leaders with resilient earnings and robust cash flows, while selectively accumulating fundamentally sound laggards, prospective earnings outperformers and secular growth beneficiaries. Our picks are Bermaz Auto, CIMB Group, Dialog Group, Gamuda, Northeast Group, Petronas Dagangan, SD Guthrie, Solarvest Holdings, Sunway REIT, and Tenaga Nasional.
Sector Update | Oil & Gas
- Petronas’ 1H26 is a story of portfolio restructuring and clearing legacy roadblocks. The outperformance in upstream and gas segments offsets a recognition of substantial RM22m accumulated JV losses in PRefChem. The upstream assets restructuring and finalisation of PRefChem ownership are ultimately important for energy security. While it remains to be seen if these trends can overcome the sentiment of the Petronas-Petros constitutional issue, nearterm risks on workflow disruptions will be apparent for 2H26. Maintain MARKET WEIGHT.
Market Spotlight
- The FBMKLCI rose 8.20pt (+0.48%) to close at 1,708.74 yesterday, in a technical rebound after a few consecutive days of losses.
- US stocks were higher after the close on Wednesday, as gains in the basic materials, healthcare and financials sectors led shares higher.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Prolintas Infra Business Trust | PLINTAS MK
- Trading Buy Range: RM0.93-0.935
Sealink International | SELI MK
- Trading Buy Range: RM0.30-0.32
Vantris Energy | VANTNRG MK
- Trading Buy Range: RM0.355-0.36
Key Indices
IMPORTANT NOTICE - DISCLOSURES AND DISCLAIMERS
This report is provided subject to, and must be read together with, the full Disclosures / Disclaimers available at this link, which are incorporated by reference into this report. In particular, this report is intended for general circulation and informational purposes only and does not constitute personal investment advice or a recommendation to buy or sell any investment product or security. You should independently evaluate the information and, where necessary, seek advice from a qualified financial adviser regarding the suitability of any investment. Analyst certifications required under applicable regulations, including SEC Regulation AC (where relevant), are included in this report. By accessing, receiving or using this report, you acknowledge that you have read, understood and agreed to be bound by the Disclosures / Disclaimers, as may be amended, supplemented or updated from time to time.
