322 stories mentioning FTSE Bursa Malaysia KLCIUpdated 2d ago
Extended gains, mirroring regional markets, after the US and Iran signed a peace deal to reopen the Strait of Hormuz.
Malaysia's broad money supply (M3) expanded 5.8% year over year to 2.640 trillion ringgit in May, according to data from Bank Negara Malaysia on Tuesday.The pace of growth accelerated from 4.99% in April.On a month-over-month basis, M3 rose 0.47%, also speeding up from the 0.02% monthly increase in April.
Confidence in Asia-Pacific (APAC) capital markets reached a record high, with 66% of financial firms planning regional expansion over the next three years, according to the 2026 edition released Tuesday by the Asia Securities Industry and Financial Markets Association (ASIFMA) in collaboration with KPMG.However, there was intense competition among APAC jurisdictions in terms of capital and investment.Companies are becoming more stringent in allocating their resources, with expansion plans shifting across markets as they prioritize more attractive individual APAC economies, the release said.Singapore remained the top-ranked Asia-Pacific market for ease of doing business, while Hong Kong remained at second place. India and mainland China improved their rankings, rebounding from last year's declines.The most attractive markets were those with open capital accounts, internationalized talent pools, predictable regulatory frameworks, and active two-way industry dialogue, it said.
Malaysian shares ended in the red on Monday, erasing Friday's gains. The index bucked a positive regional sentiment as the US and Iran agreed to pause military strikes.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 1.83 points to end 0.11% lower at 1,665.91.In economic news, the Producer Price Index (PPI) for local production in Malaysia rose 7.8% year over year in May, according to data from the Department of Statistics Malaysia. The latest print accelerated from the 5.4% increase recorded in the previous month, and was the fastest expansion since June 2022. It also beat the Trading Economics forecast for a 7.2% growth.Fitch Ratings expects Malaysia's fund management industry to hit $300 billion in assets under management through the second half of 2026 and into 2027. Total industry AUM accounted for about 60% of GDP at the end of the first quarter, or a 9.5% annual increase to $283 billion, Fitch said.In corporate news, RNG Tech's initial public offering was oversubscribed by 7.8 times ahead of its ACE Market listing, reflecting strong demand from retail investors. The engineering support services provider received 7,321 applications for 345.6 million shares worth 44.9 million ringgit, with 39.4 million shares allocated to the Malaysian public.Sime Darby (KLSE:SIME) unit UMW International has commenced liquidation in Indonesia following the appointment of a liquidator. Shares ended flat today.
Fitch Ratings expects Malaysia's fund management industry to hit $300 billion in assets under management through the second half of 2026 and into 2027, according to a Sunday release.Total industry AUM accounted for about 60% of GDP at the end of the first quarter, or a 9.5% annual increase to $283 billion, Fitch said.Sufficient domestic liquidity, government efforts and support, a stronger ringgit, and distribution channel expansion have anchored the growth, Fitch said.Fitch expects retail investors to be a major driver of industry assets, with institutional investors also crucial to this expansion.The rating agency sees limited direct impact from the Iran conflict, as most exposures are domestic.Investment funds also show strength against redemption shocks, Fitch said, citing stress tests from the Securities Commission.However, the sector still faces challenges such as increasing competition from alternative investment products, digital investment platforms straying away from a traditional relationship-manager model, and increased asset manager consolidation.
Asia's macro calendar will be busy in the week ahead, with investors set to track a broad mix of PMI readings, inflation prints, trade data and industrial activity across the region.The week starts with retail sales figures from Japan, alongside producer inflation figures from Singapore and Malaysia.Attention turns Tuesday to China's official PMI data and the Reserve Bank of Australia's meeting minutes.Activity indicators will remain in focus Wednesday as S&P Global releases manufacturing PMI reports for major Asian economies, while Thursday will bring inflation data from South Korea and trade balance from Australia.Friday rounds out the week with a heavy Vietnam data slate, alongside services and composite PMI reports from several major economies.Here's what to watch in the week ahead.MONDAY, June 29The week kicked off with the release of Japan's retail sales data for May, as well as producer inflation data from Malaysia and Singapore.Japan's retail sales expanded 5.3% year over year to 13.45 trillion yen during May, beating the consensus forecast of 3.1% growth tracked by Investing.com, and compared with a 2.8% increase recorded in the previous month.Meanwhile, Singapore's Manufactured Products Price Index jumped 30.8% year on year in May 2026, accelerating from the 27.5% annual growth recorded in April.The Domestic Supply Price Index climbed 34.2% from a year earlier, quickening from the 32.1% year-over-year expansion seen the previous month.Singapore also reported import and export prices for the month.Export prices increased 14.7% year over year in May, accelerating from a 13.3% growth in April, while import prices jumped 19.1% year over year, quickening from the 18.9% increase in the previous month.The Producer Price Index for local production in Malaysia rose 7.8% year over year in May, driven by a rise in all sectors, particularly by the mining industry.Elsewhere, consumer confidence in Taiwan rose to 65.05 in June from 62.08 in May, beating the 62.5 consensus forecast tracked by Trading Economics and marking the highest level since February.In contrast, consumer sentiment in the Philippines deteriorated sharply to -42 during the second quarter from -15.8 in the first three months of the year.Later Monday, India reports its monthly industrial and manufacturing production stats.TUESDAY, June 30Tuesday will be among the busiest days of macro releases with China's official manufacturing, non-manufacturing, and general purchasing managers' index (PMI) data taking the lead.Economists at ING expect China's manufacturing activity to edge up 0.1 point to 50.1, while non-manufacturing PMI is expected to slide back into contraction territory at 49.9. Importantly, the data readout will give economists the first look at whether a June rebound could be in the cards, ING said in a preview.In Japan, monthly industrial production and unemployment data would capture headlines. ING expects May's industrial output to slow to 1.4% year on year from the 2% growth recorded in the prior month, with unemployment to remain steady at 2.5%.Macao will also report unemployment data the same day, with Trading Economics expecting a slight tick upwards to 1.9% from 1.8% in April.Industrial production data from Thailand and South Korea will also feature Tuesday, alongside their retail sales stats.Markets will also follow the release of the Reserve Bank of Australia's meeting minutes for clues on whether the central bank will raise interest rates. In its most recent meeting, the RBA unanimously decided to leave the cash rate steady at 4.35% but opened the possibility of a rate hike to balance the risk between high inflation and slowing growth.Neighboring New Zealand will see the release of a report capturing business confidence for June.Elsewhere, the Philippines will release monthly trade and producer inflation figures.WEDNESDAY, July 1S&P Global's monthly PMI reports on manufacturing activity will be closely watched Wednesday.The reports will cover activity across India, Vietnam, Thailand, Taiwan, South Korea, Malaysia, Japan, Indonesia, China, Australia, and the Philippines.Markets will also await the Bank of Japan's sentiment index for the second quarter, with ING expecting the Tankan survey to show an increase amid strong chip demand and an improved situation in the Middle East.A monthly report covering consumer confidence in Japan will also be due.Indonesia's monthly inflation print will also be among the highlights Wednesday. Economists at ING expect June's consumer price index to edge up to 3.2% year on year from 3.1% in the month prior, reflecting the knock-on effect of elevated oil prices and depreciation of the local currency.Still, inflation is likely to remain within Bank Indonesia's target range, ING said.Indonesia will also report its trade balance the same day, with Trading Economists expecting a trade surplus of $4 billion, up from $90 million in April.South Korea will similarly report trade figures for June. ING said it expects strong chip demand to support exports, resulting in a trade surplus of $33 billion, up from $27 billion in May.THURSDAY, July 2South Korea's monthly inflation print will lead headlines Thursday.As with Indonesia, ING said it expects the knock-on effect of elevated oil prices to reflect more visibly in the June printout which could show inflation accelerating to 3.3% year on year from 3.1% in the prior month."The recent decline of global oil prices won't be reflected in domestic gasoline prices for another couple of months, while petrochemicals and related product prices are likely to remain sticky," ING said.Markets will be on the lookout for Australia's trade balance for May. Canberra is expected to report a trade surplus of A$2.2 billion for the month, up from A$1.79 billion in April, according to a Trading Economics consensus.Thailand will release a business confidence report for June, while Hong Kong will release its monthly retail sales stats.The Singapore Institute of Purchasing and Materials Management's manufacturing PMI report is also expected Thursday.FRIDAY, July 3Vietnam will feature prominently on Friday with a slew of macro data readouts, including inflation and GDP growth rate.The country's June consumer price index is expected to clock in at 6.5% year on year, accelerating from 5.6% in May, Trading Economics forecasted.Meanwhile, the economy is forecasted to have grown by 7.6% year on year during the second quarter, slowing from the 7.8% increase witnessed during the first three months of the year, according to Trading Economics.Other Vietnamese release include monthly retail sales, industrial production, and balance of trade figures.Singapore will similarly report its retail sales data on Friday, while New Zealand will see the release of a consumer confidence report.On the activity front, S&P Global will release composite and services PMI reports for India, China, Singapore, Japan, and Australia.
RNG Tech's initial public offering was oversubscribed by 7.8 times ahead of its ACE Market listing, reflecting strong demand from retail investors, according to a Friday Malaysian bourse filing.The engineering support services provider received 7,321 applications for 345.6 million shares worth 44.9 million ringgit, with 39.4 million shares allocated to the Malaysian public.The Bumiputera and public portions were oversubscribed by 5.24 times and 10.31 times, respectively.Meanwhile, shares allocated to eligible directors and employees, Bumiputera investors approved by the Ministry of Investment, Trade and Industry (MITI), and selected investors under private placements were fully subscribed, the company said.
The Producer Price Index (PPI) for local production in Malaysia rose 7.8% year over year in May, according to data from the Department of Statistics Malaysia released on Monday.The latest print accelerated from the 5.4% increase recorded in the previous month, and was the fastest expansion since June 2022. It also beat the Trading Economics forecast for a 7.2% growth.The year-over-year momentum was driven by a rise in all sectors, particularly by the mining industry, which expanded 52.6%, and the agriculture, forestry and fishing sector, which jumped 8.9%.The manufacturing sector increased by 3.5%, while the water supply and electricity and gas supply sectors went up by 11.2% and 10.0%, respectively.On a month-over-month basis, the headline PPI rose 1.1% compared with the 3.2% expansion in the previous month.
Malaysian shares ended in the green on Friday, erasing losses of the previous session. Investor sentiment rebounded as the US oil prices dropped to their lowest level since the outbreak of the U.S.-Iran conflict.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 3.92 points to end 0.2% higher at 1,667.74.In corporate news, shares of Sasbadi Holdings (KLSE:SASBADI) slid over 3% on Friday's close after its unit Sasbadi secured a letter of award from the Ministry of Education Malaysia for the supply of market-ready interactive animation preschool materials. The contract, valued at about 483,840 ringgit, covers the supply of materials for the ministry's Educational Resources and Technology Division for 2026.Shares of EXSIM Hospitality (KLSE:EXSIMHB) slid about 3% on close after its unit EXSIM Concepto bagged a 2.5 million ringgit work order from Exsim Aseania for interior design works at a mixed-use development in Langkawi, Malaysia.Enest Group (KLSE:ENEST) seeks to raise 15.1 million ringgit via an initial public offering on the ACE Market of Bursa Malaysia. The IPO comprises a public issue of 116.3 million new shares at an issue price of 0.13 ringgit per share, as well as an offer for sale of 15 million existing shares by way of private placement to selected investors.
Malaysian shares ended in the red on Thursday, erasing yesterday's gains. Investors remained wary despite regional gains as the US oil prices dropped to their lowest level since the outbreak of the U.S.-Iran conflict.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 1.28 points to end 0.7% lower at 1,663.82.In economic news, Malaysia's leading index, which anticipates economic direction in the near term, ticked up 1.25% month over month in April, according to the Department of Statistics Malaysia. The pace of growth exceeded the Trading Economics forecast of a 0.1% growth.Meanwhile, Malaysia's coincident index, which measures current economic performance, rose 2.6% in April to 131.6 points from 128.3 in the same month of the previous year.In corporate news, shares of Mi Technovation (KLSE:MI) gained over 4% on close after it applied to list its semiconductor materials business on the Singapore Exchange's Mainboard through an initial public offering of Mi Material.Eckem's (KLSE:ECKEM) initial public offering was oversubscribed by 8.09 times ahead of its ACE Market listing, reflecting solid demand from retail investors. The formulator of specialty industrial chemicals received 5,152 applications for 284 million shares worth 34.1 million ringgit, compared with 31.3 million shares allocated to the Malaysian public.
Malaysia's leading index, which anticipates economic direction in the near term, ticked up 1.25% month over month in April, according to the Department of Statistics Malaysia on Thursday.The pace of growth exceeded the Trading Economics forecast of a 0.1% growth.On an annual basis, the index grew 1.29%.The monthly increase was supported by the number of new companies registered and the real imports of semiconductors, each contributing 0.9% amid sustained demand for electrical and electronics sector.
Malaysia's coincident index, which measures current economic performance, rose 2.6% in April to 131.6 points from 128.3 in the same month of the previous year, according to the Department of Statistics Malaysia on Thursday.From a monthly perspective, the coincident increased 0.9% in April compared with 0.8% in the previous month, driven by a 0.6% growth in the Industrial Production Index and 0.5% growth in capacity utilization in manufacturing, the statement said.The pickup in economic momentum was largely driven by increases in all components, particularly the Industrial Production Index, which rose by 8.3%.
Malaysian shares ended in the green on Wednesday, erasing losses of the previous sessions. Investor sentiment rebounded as the US and Iran negotiated a peace framework, including the establishment of a communication line to avoid incidents.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 2.21 points to end 0.1% higher at 1,682.13.In corporate news, shares of Malton (KLSE:MALTON) jumped over 17% on today's close after it signed a memorandum of understanding with Ricloud, an NVIDIA Cloud Partner, to explore the development and promotion of AI compute centers in MalaysiaShares of PRG (KLSE:PRG) rose about 6% on close after it appointed PKF to review deals between its unit Premier Construction International, and Premier De Muara. PRG sought the review after terminating a proposed debt settlement agreement and raising concerns over related-party disclosures involving Premier De Muara.Shares of Aemulus (KLSE:AEMULUS) gained over 4% on Wednesday's close after it completed the acquisition of intellectual property, technology and roadmap related to CMOS image sensor (CIS) and light source, valued at 32.5 million yuan.
Asia-Pacific economies with significant tech manufacturing will benefit from an AI-linked tech export boom, S&P Global Ratings said Wednesday.The benefits from the AI tech rally will counter the adverse effects from the energy shock in these economies, S&P Asia-Pacific chief economist Louis Kuijs said.S&P sees possible upward GDP estimate revisions for markets with solid tech shipments, mainly South Korea and Taiwan, as well as Malaysia, Singapore, and Thailand.Meanwhile, the impact of the energy shock has dampened growth forecasts for India, Japan, New Zealand, and the Philippines, S&P said.The rating agency's forecast for China remains stable as strong export dynamics offset weaker domestic demand.S&P maintained its baseline GDP growth forecasts in the region excluding China at 4.5% for 2026 and 4.4% for 2027.
Malaysian shares ended in the red on Monday, erasing gains from the previous session, and bucking a positive regional performance.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 20.92 points to end 1.2% lower at 1,679.92.In corporate news, shares of Kerjaya Prospek Group (KLSE:KERJAYA) slid over 2% on Tuesday's close after its unit Kerjaya Prospek (M)secured a 488.4 million ringgit building contract from Persada Mentari for a development project in Penang, Malaysia.Shares of Theta Edge (KLSE:THETA) slid about 1% on close after it decided to abort its proposed private placement of up to 23.6 million shares, representing about 20% of its existing issued share capital. The company said the decision was made after board deliberation, citing plans to explore alternative fundraising avenues that could potentially raise higher proceeds.Topmix (KLSE:TOPMIX) unit Luma International launched a digital renovation platform, myRuma. The platform combines financing, quality checks, risk coverage, and a network of vetted contractors to make renovation services more structured and easier to manage for homeowners. Shares ended flat today.
Malaysian shares ended in the red on Monday, erasing gains from the previous session, and bucking a positive regional performance.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 11.19 points to end 0.7% lower at 1,700.84.In local news, Malaysia will lower the subsidized diesel price for citizens to 2.10 ringgit per liter from 2.15 ringgit per liter, starting July, the country's finance ministry said Sunday. The move aims to reduce smuggling and subsidy leakage arising from the wide gap between subsidized and market prices, particularly amid global supply pressures linked to the West Asia conflict, the ministry said.Malaysian banks will endure a downside case of a larger decline in nonperforming loans (NPLs) amid a possible rise in dividend payouts, S&P Global Ratings said. In S&P's severe stress test involving the country's top nine banks, a rise in NPL ratios to 5% could lead to an earnings decline and a deterioration in capital buffers.In corporate news, HE Group (KLSE:HEGROUP) unit Hexatech Engineering bagged a subcontract worth about 102 million ringgit for electrical works at a data center project in Johor, Malaysia. Shares slid about 1% on Monday's close.Japan's Ajinomoto (TYO:2802) has proposed taking its Malaysian subsidiary, Ajinomoto (Malaysia) (KLSE:AJI), private through a selective capital reduction and repayment exercise.
Malaysia's debt capital market will hit $640 billion outstanding by 2026, Fitch Ratings said in a recent release.Market activity will gain from modest expansion in increased non-sovereign borrowing, a robust domestic market, a stronger ringgit, further innovation, and digital linkages, Fitch said.The Iran war has narrow direct effects on the country's debt capital market given the large share of domestic issuers and investors, according to Fitch.Meanwhile, foreign investor interest has remained even with global uncertainties, Fitch's global head of Islamic finance Bashar Al Natoor said.Malaysia will continue to be one of the largest global sukuk markets and a major debt capital market in Southeast Asia, the analyst said.The country's debt capital market rose above $610 billion outstanding for the first five months of 2026, rising 6.5% year over year, with sukuk having a 60% share, Fitch said.
Malaysian banks will endure a downside case of a larger decline in nonperforming loans (NPLs) amid a possible rise in dividend payouts, S&P Global Ratings said in a recent release.In S&P's severe stress test involving the country's top nine banks, a rise in NPL ratios to 5% could lead to an earnings decline and a deterioration in capital buffers.However, S&P expects the banks' common equity tier one ratio to remain healthy at over 12%, with earnings and capital to remain sufficient.Two unrated midsized banks could see a pretax loss under this case due to tighter pre-provision earnings, limiting dividend payouts, the rating agency said.Meanwhile, two banks with fixed dividend per share plans instead of a dividend ratio would need to reduce their payouts, S&P said.A downside scenario involves higher NPLs from small businesses and lower-income borrowers, especially under a material change in subsidy structures, S&P said.The country's banks could see higher payouts over the next two years due to solid profitability, healthy asset quality, and moderate growth, S&P credit analyst Nikita Anand said.S&P expects the banks' robust capital and earnings to shield them against energy price shocks.
Malaysia will lower the subsidized diesel price for citizens to 2.10 ringgit per liter from 2.15 ringgit per liter, starting July, the country's finance ministry said Sunday.The move aims to reduce smuggling and subsidy leakage arising from the wide gap between subsidized and market prices, particularly amid global supply pressures linked to the West Asia conflict, the ministry said.Non-citizens and ineligible users will pay market rates, according to the statement.
Malaysia's trade balance expanded in May on record-high exports, according to data from the Department of Statistics Malaysia released Friday.The country's trade surplus grew to 40.4 billion ringgit during the month, up from 29.2 billion ringgit in the previous month. It also beat the consensus estimate of 23.2 billion ringgit tracked by Investing.com.Exports surged 45.3% to 184 billion ringgit in May, faster than the 16.4% rise in April to 183.3 billion ringgit.Domestic exports jumping 42% to 143.1 billion ringgit, or 77.8% of total exports, while re-exports grew 58.4% to 40.9 billion ringgit, comprising 22.2% of total exports.By commodity, exports of electrical and electronic items worth 37.9 billion ringgit, other items worth 10.3 billion ringgit, petroleum products worth 6 billion ringgit, and liquefied natural gas, among others, helped prop up outward shipments, Chief Statistician Mohd Uzir Mahidin said.By destination, exports to the U.S. were the highest at 18.3 billion ringgit, while shipments southward to Singapore reached 7.4 billion ringgit, and toward Hong Kong at 6.8 billion ringgit.Import performance improved 14.1% to 143.6 billion ringgit.Imports by end use increased year over year, with an increase in intermediate goods of 14.4% to 74.5 billion ringgit.Capital goods imports slid 18.3% to 18.5 billion ringgit, and consumption items slipped 2.7% to 9.8 billion ringgit.Total trade jumped 29.8% year over year to 327.6 billion ringgit, slower than the 337.3 billion ringgit seen in April.
Malaysian shares ended the week flat but in green, amid a mixed regional performance. Investor sentiment remained upbeat due to upbeat trade data, as well as optimism over a reported US-Iran peace deal brokered by Pakistan.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 0.64 points to end 0.04% higher at 1,712.03.In economic news, Malaysia's trade surplus expanded to 40.4 billion ringgit in May, according to data from the Department of Statistics Malaysia. The surplus jumped from 28.8 billion ringgit in the previous month, beating the consensus estimate of 23.2 billion ringgit tracked by Investing.com.Total exports surged 45.3% year over year to a record 184 billion ringgit, compared with a 16.4% increase in April. On a monthly basis, exports edged up 0.4%. Imports rose 14.1% to 143.6 billion ringgit, following a 20% increase in April. Compared with the previous month, imports declined 6.8%Meanwhile, Malaysia's headline consumer price index (CPI) rose 2% year over year in May, according to data from the Department of Statistics. The reading was below the consensus forecast of 2.1% growth tracked by Investing.com, and compared with a 1.9% expansion recorded in the previous month.In corporate news, Liftech's (KLSE:LIFTECH) said its initial public offering drew strong demand from retail investors ahead of its ACE Market listing, as it was oversubscribed by 18.9 times. The company received 5,636 applications for 314.7 million shares worth 91.3 million ringgit, compared with 15.8 million shares allocated to the Malaysian public.V.S. Industry (KLSE:VS) incurred a loss attributable to owners of 32.9 million ringgit in the fiscal third quarter ended April 30, reversing a profit of 23.8 million ringgit a year ago.
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