Bursa Malaysia May Extend Losing Streak
Bursa Malaysia May Extend Losing Streak
In the U.S., stocks also ended on a downbeat note after a weaker-than-expected labour market report; non-farm payrolls increased by just 142k, falling short of the 161k consensus estimate, leading to declines of 1-2.55% across the three major indices on Wall Street. The Malaysia stock market has moved lower in four straight sessions, slipping almost 25 points or 1.6 percent along the way.
馬來西亞股市連續四個交易日走低，下跌了近25點，跌幅達到1.6%。
The Kuala Lumpur Composite Index now sits just above the 1,650-point plateau and it may continue to spin its wheels again on Monday.
吉隆坡綜合指數目前略高於1650點關口，可能會在週一繼續盤整。
RHB Retail Research (RHB) said in the FBM KLCI (-0.70%) extended its losses, weighed down by selling pressure on Utilities and Transportation & Logistics heavyweights; in line with the regional markets' performance as investors stayed cautious ahead of a crucial US
jobs report and weaker economic data from Japan.
The Day Ahead
The local market sentiment remained negative, with widespread selling pressure across the board.
RHb零售研究（RHB）表示，FBm KLCI指數下跌0.70%，受到公用事業和運輸物流重量級股票的拋售壓力影響；這與區域市場的表現保持一致，投資者在美國關鍵就業報告和日本經濟數據疲弱之前仍保持謹慎。
日本的就業報告和經濟數據疲弱。
未來一天的行情
當地市場情緒仍然消極，各板塊普遍受到拋售壓力。
In the U.S., stocks also ended on a downbeat note after a weaker-than-expected labour market report; non-farm payrolls increased by just 142k, falling short of the 161k consensus estimate, leading to declines of 1-2.55% across the three major indices on Wall Street.
在美國，股市在一份就業市場報告不及預期後收於低迷水平；非農就業人數僅增加了14.2萬，明顯低於16.1萬的共識預期，導致華爾街三大指數下跌了1-2.55%。
However, the unemployment rate edged down to 4.2%, in line with economists' expectations.
然而，失業率下降至4.2%，符合經濟學家的預期。
In the commodity markets, Brent oil prices fell below USD 72, driven by concerns over the soft labour market and weaker demand from China.
在商品市場上，由於對勞動力市場疲軟和中國需求疲軟的擔憂，布倫特原油價格跌破72美元。
Meanwhile, gold prices held steady around USD 2,500, and crude palm oil prices traded near RM 3,900.
與此同時，黃金價格保持在2500美元左右，棕櫚油價格在3900馬來西亞令吉左右交易。
Sector Focus: Investors may continue rotating out of the technology sector in the US following softer guidance from NVIDIA and labour market weaknesses.
行業重點：由於英偉達發佈了較軟的預期指引和勞動力市場疲軟，投資者可能繼續從美國科技板塊撤資。
Additionally, the strong ringgit could further weigh on local technology stocks, leading to more selling pressure.
此外，強勁的令吉可能進一步對當地科技股施加壓力，導致更多拋售壓力。
On the flip side, with the strong ringgit tone, they favour the Consumer, Building Material, Construction, and Property sectors, given their stable earnings visibility for the second half of 2024, supported by the NETR, NIMP, and ongoing data center projects.
另一方面，隨着令吉走強，他們更偏好消費、建築材料、施工和房地產板塊，因爲這些板塊有穩定的2024年下半年收益可見性，得到了新能源科技、國際至納外資產淨額和正在進行的idc概念項目的支持。
Bloomberg FBMKLCI Technical Outlook
The FBM KLCI index ended lower towards the 1,653 level.
彭博富時隆綜合指數技術展望
FBM KLCI指數收盤下跌至1653水平。
However, the technical readings on the key index were mixed with the MACD histogram forming a new negative bar but the RSI trended above 50.
然而，主要指數的技術指標呈現出兩種趨勢，MACD柱狀圖形成了一個新的負數柱，但RSI趨勢仍在50以上。
The resistance is envisaged around 1,668-1,673 and the support is set at 1,633-1,638.
預計阻力位在1,668-1,673之間，支撐位設定在1,633-1,638之間。
