In its technical reading, TA Securities said the local market is poised for further profit-taking consolidation as the momentum indicators continued to weaken. "Immediate support remains the September 2016 low of 1,645, with stronger support coming from the 76.4%FR (1,610) followed by the 61.8%FR(1,564). Rakuten Trade, however, sounded an optimistic tone as it said the local market, which ended the year above the 1,68- mark, has been propped up by local institutional buying. CIMB dropped 15 sen to RM8.10, Yabank fell six sen to MR10.42, Public Bank slid six sen to RM4.48 and AmBank dropped six sen to RM6.44. Top actives on the broader market were Mega Fortis up one sen to 90 sen, Bina Puri unchanged at 29.5 sen and Kinergy Advancement down 0.5 sen to 38 sen.

Source: The Star January 02, 2026 01:24 UTC