Top Stories
Company Results | CapitaLand Malaysia Trust (CLMT MK/BUY/RM0.61/Target: RM0.80)
2Q26 results were slightly ahead of expectations, with a DPU of 1.29 sen declared, due to lower-than-expected impact of electricity costs. Rental reversion came in at 11.6% in 1H26, in line with the earlier guidance of “high single-digit to lowteens” reversion in 2026. Maintain BUY with a higher target price of RM0.80. CLMT remains our top pick due to its attractive yield of 8-9%.
Market Spotlight
- The FBMKLCI rose 12.07pt to close at 1,713.09 yesterday.
- US stocks were mixed after the close on Monday, as gains in the consumer services, telecoms and consumer goods sectors led shares higher while losses in the oil & gas, utilities and technology sectors led shares lower.
Technical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Cosmos Technology International | COSMOS MK
Trading Buy Range: RM0.285-0.29
DPS Resources | DPS MK
Trading Buy Range: RM0.555-0.56
IFCA MSC | IFCA MK
Trading Buy Range: RM0.235-0.24
Top Stories
Company Results | CapitaLand Malaysia Trust (CLMT MK/BUY/RM0.61/Target: RM0.80)
2Q26 results were slightly ahead of expectations, with a DPU of 1.29 sen declared, due to lower-than-expected impact of electricity costs. Rental reversion came in at 11.6% in 1H26, in line with the earlier guidance of “high single-digit to lowteens” reversion in 2026. Maintain BUY with a higher target price of RM0.80. CLMT remains our top pick due to its attractive yield of 8-9%.
Market Spotlight
- The FBMKLCI rose 12.07pt to close at 1,713.09 yesterday.
- US stocks were mixed after the close on Monday, as gains in the consumer services, telecoms and consumer goods sectors led shares higher while losses in the oil & gas, utilities and technology sectors led shares lower.
Technical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Cosmos Technology International | COSMOS MK
Trading Buy Range: RM0.285-0.29
DPS Resources | DPS MK
Trading Buy Range: RM0.555-0.56
IFCA MSC | IFCA MK
Trading Buy Range: RM0.235-0.24
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