KUALA LUMPUR: The return of foreign funds to blue chips on Bursa Malaysia could keep the FBM KLCI at multi-year highs, although the recent surge in prices and overbought conditions is anticipated to temper further gains. Inversely, immediate support remains at the September 2016 low of 1,645, with stronger support coming from the 1,610 followed by 1,564. "On the home front, the FBM KLCI surged past the 1,700 mark with ease underpinned by the emergence of foreign buying. The FBM KLCI slid 2.32 points to 1,705.88 at 9am, as investors took some profit after the previous day's surge. Malaysian banks, which had led the FBM KLCI higher in previous sessions, kept most of their gains on Wednesday.

Source: The Star January 14, 2026 01:30 UTC