Technical Outlook

Pending a further breakout. Price is on higher-lows trend and is well-supported above the 0.430-0.440 support zone, pending a breakout to retest the 0.525–0.545 resistance zone. A break below the 0.430-0.440 support zone would invalidate the setup.   

Trading Catalysts 

• Ventured into data centre green energy. In September 2026, OGX established OGX Green Tech Sdn Bhd and secured an authorized distribution partnership with China’s Zhejiang Hyxi Technology Co Ltd. This newly introduced segment targets the expanding data centre footprint by supplying clean Battery Energy Storage Systems (BESS) and smart inverters to offer cleaner and more resilient energy storage and backup options. 
• Major data centre contract wins. OGX secured a substantial RM96.6m fibre optic and data centre-related contract from an undisclosed customer (Customer E). Slated for delivery within a tight six-month window, this contract is expected to contribute positively to FY27 earnings, subject to successful delivery. 
• Expanded enterprise AI distribution network. OGX expanded its enterprise AI distribution portfolio by partnering with specialized enterprise AI platform developer Axtraction AI Sdn Bhd in September 2026 to market automated enterprise software across Malaysia. This complements its earlier critical distribution agreement with Nokia Services and Networks Malaysia for AI-ready networking infrastructure, further positioning OGX to participate in enterprise AI adoption.