KUALA LUMPUR: With investors revelling in year-end celebrations, the domestic market is expected to stay in range-bound over the final days of 2025 trading.
The FBM KLCI was up 0.21 points to 1,677.31 at Monday's open, putting it on course to ending the year at a 17-month high.
TA Securities said market activities is likely to stay subdued this week with thinner year-end participation and the absence of meaningful domestic catalysts curbing follow-through buying.
"However, window-dressing activity by local institutions could provide support to blue-chip stocks, helping to mitigate potential downside pressure," said the research firm in a note.
In its market report, Rakuten Trade noted the market dipped slightly last Friday with daily market volume slumping to 1.6 billion shares valued at RM1.3bil.
However, the research firm said this was an intermittent correction following the index adding almost 28 points over five trading days.
"For today, we expect trading to remain muted but will be well supported thus expect the index to trend within the 1,670-1,685 range today," it said.
Helping push the FBM KLCI higher, Hong Leong Bank added eight sen to Rm22.50, Press Metal
gained seven sen to RM7.25 and CIMB rose four sen to RM8.19.
Of actives, TWL was flat at 2.5 sen, Compugates unchanged at 1.5 sen and Pos Malaysia up two sen to 34.5 sen.
