Key Indices
Top Stories
Sector Update | Plantation
- China's soybean oil exports tripled to 776,000 tonnes in 9M26, with India taking 47%. Chinese customs data puts shipments to India at 477,000 tonnes in Nov 25-Sep 26, which is a mere 8% of India’s record soybean oil imports, with palm oil’s share of India’s imports rising. The Chinese government’s cuts to the sow herd should shrink the surplus in 2026/27. We believe the headwind for Malaysian planters is contained. Maintain OVERWEIGHT.
Market Spotlight
- The FBMKLCI slid 5.29pt to close at 1,616.56 yesterday amid profit taking.
- US stocks were higher after the close on Wednesday, as gains in the consumer services, healthcare and financials sectors led shares higher.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Pantech Group Holdings | PGHB MK
- Trading Buy Range: RM0.705-0.71
Scicom (MSC) | SCIC MK
- Trading Buy Range: RM2.19-2.20
Winstar Capital | WINSTAR MK
- Trading Buy Range: RM0.65-0.66
Top Stories
Sector Update | Plantation
- China's soybean oil exports tripled to 776,000 tonnes in 9M26, with India taking 47%. Chinese customs data puts shipments to India at 477,000 tonnes in Nov 25-Sep 26, which is a mere 8% of India’s record soybean oil imports, with palm oil’s share of India’s imports rising. The Chinese government’s cuts to the sow herd should shrink the surplus in 2026/27. We believe the headwind for Malaysian planters is contained. Maintain OVERWEIGHT.
Market Spotlight
- The FBMKLCI slid 5.29pt to close at 1,616.56 yesterday amid profit taking.
- US stocks were higher after the close on Wednesday, as gains in the consumer services, healthcare and financials sectors led shares higher.
Tehnical Analysis
FBMKLCI, FCPO & FKLI Index Outlook
Traders’ Corner
Pantech Group Holdings | PGHB MK
- Trading Buy Range: RM0.705-0.71
Scicom (MSC) | SCIC MK
- Trading Buy Range: RM2.19-2.20
Winstar Capital | WINSTAR MK
- Trading Buy Range: RM0.65-0.66
Key Indices
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