1Q earnings performance to back market sentiment

TheStar Thu, Jun 11, 2026 12:00am - 1 month View Original


MBSB Research maintained its year-end target for the FBM KLCI at 1,800 points.

PETALING JAYA: The recently concluded first quarter of calendar year 2026 (1QCY26) earnings season can likely help reinforce confidence in the outlook for Malaysian equities as investors look ahead to the rest of the year.

According to MBSB Research, the earnings performance which is generally inline with its forecasts, coupled with resilient economic growth and positive corporate earnings prospects, should continue to support market sentiment.

It added that further equity market upside this year is also likely to be underpinned by relatively inexpensive valuations.

“The market would remain largely sanguine against the backdrop of continued resilient gross domestic product growth as well as positive earnings growth in 2026.

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