Key Indices
Top Stories
Strategy | ESG: Biodiversity
- We visited a biodiversity project in Terengganu involving seagrass studies done by Prof Dr Muta (UPM) and seagrass mapping by Yayasan Petronas. The programme has mapped 2,100ha of seagrass across Peninsular Malaysia and Sabah, representing Malaysia's first coast-to-coast mapping effort. Malaysia's biodiversity challenge is not simply that ecosystems are declining, but that baseline information remains fragmented. A credible national database could eventually provide a better reference point for conservation planning, restoration and assessment of development impacts.
Sector Update | Banking
- Business lending continued to strengthen and CASA mix improved, but household demand and approvals softened, while asset quality edged weaker with coverage broadly stable. Maintain OVERWEIGHT. We expect sector earnings to grow by a decent 6% in 2027, underpinned by modest loans growth, stable credit costs and relatively stable NIM with banks’ asset liability management helping to offset some of the headwinds from yield pressure.
Market Spotlight
- The FBMKLCI added 7.21pt to close at 1,651.17 yesterday following late buying interest in blue chip counters.
- US stocks were mixed after the close on Wednesday, as gains in the technology, oil & gas and telecoms sectors led shares higher while losses in the healthcare, financials and industrials sectors led shares lower.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
AMS Advanced Material | AMS MK
- Trading Buy Range: RM0.47-0.475
Cloudpoint Technology | CLOUDPT MK
- Trading Buy Range: RM0.495-0.50
Oxford Innotech | OXB MK
- Trading Buy Range: RM0.45-0.46
Top Stories
Strategy | ESG: Biodiversity
- We visited a biodiversity project in Terengganu involving seagrass studies done by Prof Dr Muta (UPM) and seagrass mapping by Yayasan Petronas. The programme has mapped 2,100ha of seagrass across Peninsular Malaysia and Sabah, representing Malaysia's first coast-to-coast mapping effort. Malaysia's biodiversity challenge is not simply that ecosystems are declining, but that baseline information remains fragmented. A credible national database could eventually provide a better reference point for conservation planning, restoration and assessment of development impacts.
Sector Update | Banking
- Business lending continued to strengthen and CASA mix improved, but household demand and approvals softened, while asset quality edged weaker with coverage broadly stable. Maintain OVERWEIGHT. We expect sector earnings to grow by a decent 6% in 2027, underpinned by modest loans growth, stable credit costs and relatively stable NIM with banks’ asset liability management helping to offset some of the headwinds from yield pressure.
Market Spotlight
- The FBMKLCI added 7.21pt to close at 1,651.17 yesterday following late buying interest in blue chip counters.
- US stocks were mixed after the close on Wednesday, as gains in the technology, oil & gas and telecoms sectors led shares higher while losses in the healthcare, financials and industrials sectors led shares lower.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
AMS Advanced Material | AMS MK
- Trading Buy Range: RM0.47-0.475
Cloudpoint Technology | CLOUDPT MK
- Trading Buy Range: RM0.495-0.50
Oxford Innotech | OXB MK
- Trading Buy Range: RM0.45-0.46
Key Indices
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