V.S Industry Bhd (VS) was established in 1982 and has grown into one of the leading integrated Electronics Manufacturing Services (EMS) providers in the region, with proven capabilities to undertake the manufacturing needs of global brand names for office and household electrical and electronic products. VS is also supported by multinational customers from Europe, Japan and US.

The FBM KLCI notched higher on Friday, continuing its rebound move for the third session on the back of bargain hunting activities. We believe the key index will be extending its rebound, as US stocks wrapped up the volatile week with strong gains. Nevertheless, upside might be capped as investors may trade cautiously ahead of the Chinese New Year holiday and focus on earnings season moving forward.

The FBM KLCI registered marginal gains, outperforming the negative regional markets that spooked by the US Federal Reserve’s statement. However, tracking the weaker performance on Wall Street overnight and simmering geopolitical tensions, we reckon the sentiment may turn negative on the local bourses. Nevertheless, with Apple registering all-time revenue record, that may provide support towards technology stocks.

The FBM KLCI rebounded, fuelled by bargain hunting activities emerged after seven sessions of losses. However, we believe profit taking activities might emerged in the local bourse taking cue from the softer performances on Wall Street following the Fed’s confirmation on the upcoming rate hikes direction and continuous bond tapering moving forward.

Matrix Concepts Holdings Bhd (MATRIX) is regarded as one of the leading property developers in Malaysia with exposure in the construction, hospitality and education business segments. Their flagship project is at Negeri Sembilan and has built its presence in Johor, Klang Valley as well as overseas in Australia.

The FBM KLCI marked its 7-day losing streak amid mounting concerns over geopolitical tension, as well as ongoing worries on the anticipated rate hikes in the upcoming FOMC meeting. We believe the downward move on the local front may persist, given Wall Street finished another session in the red. However, we expect investors to pick up significantly bashed down companies with solid fundamentals ahead of the earnings season.

The FBM KLCI slumped in line with the weaker performance across regional bourses as investors were trading cautiously ahead of the FOMC meeting, where the officials will discuss about the monetary policies such interest rate direction moving forward. Nevertheless, following the V-shape rebound on Wall Street as most of the stocks were significantly oversold, we expect bargain hunting activities to emerge on the local bourse today, especially within the technology sector.

Able Global Bhd (ABLEGLOB) is regarded as one of the leading local tin can manufacturing players and a reputable manufacturer of sweetened condensed and evaporated milk as well as a one stop solution center for packing of Milk powder/ Infant Formula.