FBM KLCI extends gains as investors await Bank Negara rate decision

KUALA LUMPUR: The FBM KLCI extended its gains in the morning session on Thursday, although the advance remained modest as investors stayed cautious ahead of Bank Negara’s interest rate decision.

At the lunch break, the FBM KLCI was up 1.8 points, or 0.11%, at 1,710.54, after hitting an intra-morning high of 1,715.85.

There were 510 gainers, 442 losers and 549 counters traded unchanged on the Bursa Malaysia. Turnover stood at 2.14 billion shares valued at RM1.415bil.

TA Securities said further gains may be limited as investors remain on the sidelines ahead of Bank Negara Malaysia’s OPR decision.

The brokerage pegged the FBM KLCI’s immediate resistance at 1,759, based on the 123.6% Fibonacci Projection (FP), with stronger resistance levels seen at 1,805 and 1,842.

“On the downside, immediate support is capped at the 100% FR (1,684), with better support coming from the June 2026 low (1,655), followed by the 76.4%FR (1,610),” it added.

UOB Kay Hian expects the FBM KLCI to trade sideways in the near term amid a lack of domestic catalysts and continued uncertainty in global markets.

The research house sees support for the benchmark index at 1,677 and 1,652, while resistance is pegged at 1,753 and 1,770.

Meanwhile, Apex Securities said market sentiment improved by Wednesday’s close as oil prices eased and softer US private payrolls data strengthened expectations that the Federal Reserve would keep interest rates unchanged.

It noted that investors would now turn their attention to Bank Negara Malaysia’s interest rate decision on Thursday, with the OPR widely expected to remain at 2.75%, as well as upcoming US economic data for further clues on the Federal Reserve’s policy direction.

“Barring a fresh escalation in the Middle East, we expect the FBM KLCI to extend its rebound cautiously on Thursday, with the improved global risk tone providing some support even as earnings season continues to drive individual stock performance,” Apex said.

Gainers on Bursa Malaysia included Allianz, which rose 32 sen to RM21.68, United Plantations, which added 30 sen to RM33.08, MI Technovation, which climbed 19 sen to RM5.74, and UWC, which gained 18 sen to RM6.51.

Among the decliners, Nestlé slid RM1.80 to RM94.72, BLD Plantation lost 46 sen to RM14.54, Kuala Lumpur Kepong fell 40 sen to RM22.30, while Dutch Lady declined 20 sen to RM31.60.

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吉隆坡：周四早盘，富时吉隆坡综合指数延续涨势，但由于投资者在马来西亚国家银行利率决议公布前保持谨慎，涨幅依然温和。

午休时分，富时吉隆坡综合指数上涨1.8点，涨幅0.11%，报1710.54点，此前盘中一度触及1715.85点的高位。

马来西亚交易所共有510只股票上涨，442只股票下跌，549只股票价格保持不变。成交量为21.4亿股，成交额为14.15亿令吉。

TA Securities表示，由于投资者在马来西亚国家银行公布隔夜政策决定前仍持观望态度，因此进一步上涨可能受到限制。

根据 123.6% 的斐波那契投影 (FP)，该券商将富时吉隆坡综合指数的直接阻力位定在 1,759，而更强的阻力位则在 1,805 和 1,842。

“下行方面，直接支撑位在 100% FR（1,684），更好的支撑位来自 2026 年 6 月的低点（1,655），其次是 76.4% FR（1,610）。”报告补充道。

大华继显预计，由于缺乏国内利好因素以及全球市场持续存在不确定性，富时吉隆坡综合指数短期内将横盘整理。

该研究机构认为基准指数的支撑位在 1,677 点和 1,652 点，阻力位在 1,753 点和 1,770 点。

与此同时，Apex Securities表示，随着油价回落和美国私营部门就业数据疲软，市场情绪在周三收盘时有所改善，这增强了人们对美联储将维持利率不变的预期。

报告指出，投资者现在将把注意力转向马来西亚国家银行周四的利率决定，市场普遍预期隔夜政策利率将维持在2.75%不变，同时还将关注即将公布的美国经济数据，以进一步了解美联储的政策方向。

Apex表示：“除非中东局势再次升级，否则我们预计富时吉隆坡综合指数周四将谨慎延续反弹势头，全球风险情绪的改善将提供一定支撑，尽管财报季仍在推动个股表现。”

马来西亚交易所股价上涨的股票包括：安联（Allianz），上涨 32 仙至 21.68 令吉；联合种植（United Plantations），上涨 30 仙至 33.08 令吉；MI Technovation，上涨 19 仙至 5.74 令吉；以及 UWC，上涨 18 仙至 6.51 令吉。

在下跌的股票中，雀巢下跌1.80令吉至94.72令吉，BLD Plantation下跌46仙至14.54令吉，吉隆坡甲洞下跌40仙至22.30令吉，而荷兰淑女下跌20仙至31.60令吉。

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