Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus
The FBM KLCI could notch higher over the coming week, with a few strategists eyeing a potential challenge of 1,770 as the earnings calendar ramps up. Mohd Sedek Jantan of IPPFA called the looming results a “critical barometer” for gauging earnings strength at the index level. Still, Thong Pak Leng at Rakuten Trade cautioned that fresh profit-taking could crop up after the benchmark’s recent climb.