Institution: The Malaysian stock market may experience volatility in the near future.

FSMOne research assistant manager Alwyn Chew Chuan Shyn expressed at an event that due to the upcoming state elections possibly affecting market sentiment, the Malaysian stock market may experience volatility in the near term. He prefers companies with high earnings visibility, such as construction firms related to renewable energy and data centers, consumer stocks that may benefit from government cash aid programs, and banks expected to achieve stable net interest margins. Chew predicts that the Malaysian benchmark Kuala Lumpur Composite Index will close at 1700 points by the end of the year. The KLCI rose by 0.3% to 1662.34 points.