Kuala lumpur: Bursa Malaysia is anticipated to trade higher in the coming week, with projections to test the 1,770 level as investors prepare for an active period ahead of the earnings season.
According to BERNAMA News Agency, IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan highlighted that the forthcoming results are expected to be a crucial measure of index-level earnings resilience, reinforcing the banking sector's position as a structurally robust segment moving into the first half of 2026.
Mohd Sedek noted that Malaysia's banking sector benefits from a supportive macro-financial environment, with the gross domestic product (GDP) growth accelerating to 6.3 percent in the fourth quarter of 2025, while inflation remained moderate. This provides a stable backdrop for credit intermediation. Investors are also expected to focus on the United States consumer confidence data set to be released on Tuesday, while no significant domestic economic data releases are scheduled for the week, keeping market attention on corporate earnings and external developments.
However, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng pointed out that the market might continue to trade sideways as it absorbs earlier gains, with profit-taking in leading blue-chip counters likely persisting in the near term. On a Friday-to-Friday basis, the FBM KLCI showed an increase of 13.29 points, closing at 1,752.83 from 1,739.54 a week earlier.
Additionally, the FBM Top 100 Index increased by 103.08 points to 12,667.89, and the FBM Emas Index rose by 108.58 points to 12,846.78. The FBM Mid 70 Index saw a jump of 176.03 points to 17,745.70, while the FBM Emas Shariah Index added 146.28 points to 12,368.29, and the FBM ACE Index advanced by 81.07 points to 4,822.12.
In terms of sectors, the Financial Services Index surged by 91.79 points to 21,615.67, the Energy Index increased by 24.78 points to 775.88, the Plantation Index gained 43.05 points to 8,419.98, and the Industrial Products and Services Index edged up by 2.98 points to 178.06. Weekly turnover decreased to 5.88 billion units valued at RM6.53 billion, compared to 12.87 billion units valued at RM13.70 billion the previous week.
The Main Market volume declined to 3.76 billion units worth RM6.09 billion from 7.12 billion units worth RM12.5 billion previously. Warrants turnover dropped to 1.38 billion units valued at RM165.97 million from 3.46 billion units valued at RM394.01 million last week. Meanwhile, ACE Market volume decreased to 735.33 million units valued at RM274.35 million from 2.28 billion units valued at RM803.8 million in the prior week.