KUALA LUMPUR: The local market opens lower on Boxing Day as profit-taking sets in after the recent rally amid thinner trading conditions. The FBM KLCI is down 4.34 points, or 0.26%, to 1,673.97 at 9.27 am, after opening 0.81 of a point lower at 1,677.50. Berjaya Research Sdn Bhd said the FBM KLCI is expected to trade on a firmer footing on the final day of the trading week, supported by continued window dressing activities and sustained buying interest in selected blue-chip counters. Nevertheless, the research house noted that gains may be capped by potential profit-taking following the recent rally. “While the FBM KLCI has formed another bullish candlestick after recovering all its intraday losses, the RSI indicator is increasingly overbought, highlighting potential pullback in the interim.

Source: The Star December 26, 2025 06:20 UTC