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MYX:IHH 22 February 2026

Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

The FBM KLCI closed up 0.72 point at 1,752.83 on Friday, lifted late by Maybank and CIMB. January trade rose 12.6% year-on-year to RM272.37 billion, with exports up 19.6%. Analysts expect the index to test 1,770 next week but warn of profit-taking. The ringgit is seen holding between RM3.90 and RM3.93 against the dollar as markets await U.S. data.

Stock Market Today

  • Neuberger Berman Fund Offers 8.7% Yield Amid 13.7% Discount on Tech-Driven Assets
    June 18, 2026, 10:07 AM EDT. The Neuberger Berman Next Generation Connectivity Fund (NBXG) delivers a high 8.7% dividend yield while trading at a 13.7% discount to net asset value (NAV), offering a compelling entry point. The fund focuses on AI and tech sectors, holding major names like NVIDIA and Amazon. Analysts note that potential easing in oil prices due to the Iran deal could lower inflation and interest rates, benefiting closed-end funds (CEFs) like NBXG that typically perform well in such environments. Despite a higher-than-average market price-to-earnings (P/E) ratio of 28.1, strong corporate earnings growth of 28.8% supports valuations. Investors are encouraged to consider NBXG as a tactical income and growth play amid improving economic fundamentals and AI adoption.

Latest articles

Kroger edges down after it sticks to 2026 guidance

Kroger edges down after it sticks to 2026 guidance

18 June 2026
Kroger shares fell about 3% in premarket trading after first-quarter adjusted profit missed estimates by a cent despite a sales beat, as margin pressure from price cuts and higher transport costs raised investor doubts about CEO Greg Foran’s strategy to win back shoppers from Walmart and Costco.
HIVE Digital shares jump in premarket after $220 million Bell-Cohere AI contract

HIVE Digital shares jump in premarket after $220 million Bell-Cohere AI contract

18 June 2026
HIVE Digital Technologies surged 11% in premarket trading after its BUZZ HPC unit landed a $220 million, three-year GPU cloud contract with Bell AI Fabric and Cohere, expected to add $70 million in annual recurring revenue and boost contracted AI-compute revenue above $100 million, as investors look for growth beyond bitcoin mining.
AT&T falls in early trading on CFO transition, spotlight on fiber costs

AT&T falls in early trading on CFO transition, spotlight on fiber costs

18 June 2026
AT&T shares slipped to $22.37 premarket as investors weighed CFO Pascal Desroches’ year-end retirement and Jennifer Biry’s 2027 succession amid heavy fiber and 5G spending, ongoing wireless competition from Verizon, and looming risks from SpaceX’s Starlink; next financial update set for July 22.
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