Pending the FOMC meeting outcome and Evergrande’s bond interest payment due tomorrow, we expect Bursa Malaysia to trade cautiously but downside risk is likely to be supported near 1500 levels amid grossly oversold stochastic reading and positive expectation of the 12MP announcement on 27 Sep. For investors that missed out on the “mini Aug rally” (+7.1% in Aug), we reckon that current market weakness could be the next boat to catch on the broader re-opening theme play, underpinned by Bursa Malaysia’s laggard status , hopes of easing political risks and confidence in policy continuity, coupled with economic reopening gaining traction.