Top Stories
Sector Update | Consumer
Consumer stocks historically outperform the FBMKLCI around elections, led by retailers, with momentum often persisting after polling day. Input costs remain contained despite conflict risks, with lower soft commodities costs offsetting higher packaging and logistics costs. Maintain MARKET WEIGHT. Discounted valuations support resilience, but uncertainties cap upside. Top picks for the sector: 99SM, MRDIY and F&N.
Market Spotlight
- In tandem with the uptrend in regional markets, the FBMKLCI advanced 21.50pt (+1.27%) to close at 1,719.94 yesterday.
- US stocks were higher after the close on Tuesday, as gains in the technology, basic materials and oil & gas sectors led shares higher.
Technical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Agmo Holdings | AGMO MK
Trading Buy Range: RM0.335-0.34
Dayang Enterprise Holdings | DEHB MK
Trading Buy Range: RM1.75-1.77
GDB Holdings | GDB MK
Trading Buy Range: RM0.505-0.51
Top Stories
Sector Update | Consumer
Consumer stocks historically outperform the FBMKLCI around elections, led by retailers, with momentum often persisting after polling day. Input costs remain contained despite conflict risks, with lower soft commodities costs offsetting higher packaging and logistics costs. Maintain MARKET WEIGHT. Discounted valuations support resilience, but uncertainties cap upside. Top picks for the sector: 99SM, MRDIY and F&N.
Market Spotlight
- In tandem with the uptrend in regional markets, the FBMKLCI advanced 21.50pt (+1.27%) to close at 1,719.94 yesterday.
- US stocks were higher after the close on Tuesday, as gains in the technology, basic materials and oil & gas sectors led shares higher.
Technical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Agmo Holdings | AGMO MK
Trading Buy Range: RM0.335-0.34
Dayang Enterprise Holdings | DEHB MK
Trading Buy Range: RM1.75-1.77
GDB Holdings | GDB MK
Trading Buy Range: RM0.505-0.51
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