KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia ended higher today as buying on selected blue chips continued, said a brokerage. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.85 points or 0.51 per cent to 1,756.39 from Tuesday’s close of 1,747.54. The barometer index opened 3.69 points higher at 1,751.23 before moving as low as 1,745.51 in early trade to as high as 1,757.15 during the mid-afternoon session. Market breadth was positive with gainers leading losers 575 to 474, while 549 counters were unchanged, 1,087 untraded and 11 suspended. Turnover expanded to 2.55 billion units valued at RM3.06 billion from yesterday’s 2.19 billion units valued at RM2.35 billion.
1. Key Earnings Reports (AI & Tech Sector Focus)
- NVIDIA (NVDA): Q4 2025 earnings expected this week. Analysts forecast $38.13B in revenue (+72.52% YoY) and $0.80 EPS (+61.83% YoY). AI-driven data center growth remains strong despite geopolitical risks.
- Salesforce (CRM): Reports Wednesday after market close, alongside Snowflake (SNOW) and C3.ai (AI).
- Workday (WDAY): Reports Tuesday.
- Dell Technologies (DELL) & HP Inc (HPQ): Earnings due Thursday after the market close.
- Vistra Energy (VST): Reports Thursday before the market open.
2. Macroeconomic Events: PCE Inflation Data
- The Personal Consumption Expenditure (PCE) index will be released, influencing the Fed's interest rate decision in its March 18-19 meeting.
- Predictions:
- PCE to rise 2.5% YoY (previous: 2.6%).
- Core PCE (excludes food & energy) expected at 2.6% YoY (previous: 2.8%).
- A lower-than-expected PCE could boost markets, while a higher-than-expected result may cause concerns, especially amid inflationary risks from increased tariffs.
3. Market Sentiment & Interest Rate Outlook
- Current expectations from CME FedWatch indicate an equal probability of one or two rate cuts this year.
- Investors will closely watch how the market reacts to the inflation data and AI stock earnings.
Key Takeaways:
📌 Biggest focus: NVIDIA’s earnings & AI sector performance.
📌 Inflation data: A key factor for the Fed's interest rate decision.
📌 Market reaction: Expected volatility based on PCE results & corporate earnings.
Would you like me to highlight specific stocks or trends for investment insights? 🚀📈
Comments
Post a Comment