Key Indices
Top Stories
Company Update | Eco-Shop Marketing (ECOSHOP MK/BUY/RM1.47/Target: RM1.70)
- Eco-Shop’s upcoming 1QFY27 results are set to improve as SSSG has begun recovering. Overall, foundations for earnings appear solid as the pipeline for new store openings remains robust. However, broader consumer sentiment appears soft with impact from the upcoming Budget 2027 expected to be mixed. Maintain BUY with an unchanged target price of RM1.70.
Market Spotlight
- The FBMKLCI declined 1.60pt yesterday to close at 1,670.02 dragged down by selling pressure in index-linked counters amid weak regional sentiment.
- US stocks were lower after the close on Monday, as losses in the basic materials, consumer goods and financials sectors led shares lower.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Catcha Digital | AMLS MK
- Trading Buy Range: RM0.24-0.245
SNS Network Technology | SNS MK
- Trading Buy Range: RM0.54-0.555
Willowglen MSC | WLW MK
- Trading Buy Range: RM0.29-0.295
Top Stories
Company Update | Eco-Shop Marketing (ECOSHOP MK/BUY/RM1.47/Target: RM1.70)
- Eco-Shop’s upcoming 1QFY27 results are set to improve as SSSG has begun recovering. Overall, foundations for earnings appear solid as the pipeline for new store openings remains robust. However, broader consumer sentiment appears soft with impact from the upcoming Budget 2027 expected to be mixed. Maintain BUY with an unchanged target price of RM1.70.
Market Spotlight
- The FBMKLCI declined 1.60pt yesterday to close at 1,670.02 dragged down by selling pressure in index-linked counters amid weak regional sentiment.
- US stocks were lower after the close on Monday, as losses in the basic materials, consumer goods and financials sectors led shares lower.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Catcha Digital | AMLS MK
- Trading Buy Range: RM0.24-0.245
SNS Network Technology | SNS MK
- Trading Buy Range: RM0.54-0.555
Willowglen MSC | WLW MK
- Trading Buy Range: RM0.29-0.295
Key Indices
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