FINWIRES · TerminalLIVE
FINWIRES

FTSE Bursa Malaysia KLCI

FTSE Bursa Malaysia KLCI
IndexIndex

323 stories mentioning FTSE Bursa Malaysia KLCIUpdated just now

Extended gains, mirroring regional markets, after the US and Iran signed a peace deal to reopen the Strait of Hormuz.

What's the latest news on FTSE Bursa Malaysia KLCI?

Asia

Malaysian Shares End Week in Green on Upbeat Trade Data

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.

FTSE Bursa Malaysia KLCIKLSE:LIFTECHKLSE:VS
Malaysia Inflation Hits 2.0%, Highest in Two Years
US Markets

Malaysia Inflation Hits 2.0%, Highest in Two Years

Malaysia's headline consumer price index accelerated to its fastest level in about two years on price increases in the food and information and communication sectors, according to data from the Department of Statistics Malaysia released Friday.The consumer price index jumped 2% year over year in May, the highest since July 2024, but slower than the consensus forecast of 2.1% growth tracked by Investing.com, and compared with a 1.9% expansion recorded in the previous month.Food and beverage inflation jumped 1.4% in May compared with a 1.2% rise in April, the DOSM said. Information and communication prices rose 2.1% during the month compared with 2% during the previous month.Utilities, including housing, water, electricity, gas, and other fuels, saw prices grow 1.2% in May, faster than the 1.1% rise in April. Recreation, sport, and culture items expanded 1.1%, faster than the 0.9% increase seen a month ago.Other items such as transport saw inflation slow to 3.8% in May, from 4.1% in April, while that of restaurants and accommodations dragged to 2.5% from 2.6%.Education prices slowed to 2.2% from 2.4%, while health prices decelerated to 1.2% from 1.4% in the previous month.Meanwhile, without fuels, inflation rose to 1.8% in May from 1.7% in April, DOSM said.Core inflation, which excludes volatile items, remained steady at 2% when compared with the previous month.On a month-over-month basis, Malaysia's headline CPI climbed 0.1%, compared with a 0.4% increase in the previous month.Malaysian inflation has been slower compared with other Asian countries as oil prices have begun deflating following the peace deal with the U.S. and Iran, Malaysian news site The Edge reported separately on Friday.The inflation rate comes amid an economic comeback for Malaysia, which has shown more stability compared with ASEAN peers Indonesia and the Philippines, due to its close ties with Singapore, according to Bloomberg Opinion's Daniel Moss.

FTSE Bursa Malaysia KLCI
International

Malaysia's Trade Surplus Widens in May as Exports Surge to Record High

Malaysia's trade surplus expanded to 40.4 billion ringgit in May, according to data from the Department of Statistics Malaysia released Friday.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%.

FTSE Bursa Malaysia KLCI
International

Malaysia's Headline Inflation Rises Marginally to 2% in May

Malaysia's headline consumer price index (CPI) rose 2% year over year in May, according to data from the Department of Statistics Malaysia on Friday.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.The headline movement was driven by increases in information and communication, food and beverages, house and related utilities, as well as recreation and sports.Core inflation, which excludes volatile items, remained steady at 2% when compared with the previous month.On a month-over-month basis, Malaysia's headline CPI climbed 0.1%, compared with a 0.4% increase in the previous month.

FTSE Bursa Malaysia KLCI
Asia

Malaysian Shares End in Green After Holiday on US-Iran Peace Deal Optimism; Top Glove's Shares Drop 3%

Malaysian shares extended Tuesday's gains to end in the green on Thursday, mirroring regional performance. Investor sentiment remained upbeat following a holiday, supported by optimism over a reported US-Iran peace deal brokered by Pakistan.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 1.40 points to end 0.1% higher at 1,711.39.BIMB Securities Research held its forecast of total industry volume (TIV) for the automotive industry in Malaysia at 740,000 units, The Star reported. TIV is expected to stabilize in the third quarter, followed by a stronger momentum in the fourth quarter, a BIMB Securities Research report showed.In corporate news, Malaysian shares of dual-listed Top Glove (KLSE:TOPGLOV, SGX:BVA) dropped over 3% on close today even after it recorded a rise in attributable profit in the third fiscal quarter ended May 31 to 81 million ringgit from 34.7 million ringgit a year prior.Digital transformation consultancy and artificial intelligence company SRKK AI (KLSE:SRKKAI) is seeking to raise 20.5 million ringgit via an IPO on the ACE Market of Bursa Malaysia. The IPO comprises a public issue of 64 million new shares at an issue price of 0.32 ringgit per share, as well as an offer for sale of 13 million existing shares by way of private placement to selected investors.

FTSE Bursa Malaysia KLCIKLSE:SRKKAIKLSE:TOPGLOVSGX:BVA
Asia

Market Chatter: Malaysia's Vehicle Sales Forecast Unchanged, Q4 Volume to Rise

BIMB Securities Research is holding its forecast of total industry volume (TIV) for the automotive industry in Malaysia steady at 740,000 units, The Star reported Thursday.TIV is expected to stabilize in the third quarter, followed by a stronger momentum in the fourth quarter, a BIMB Securities Research report showed.To achieve the forecast, total industry volume will have to reach around 61,000 units per month starting May and ending in December, according to the report.Additionally, EVs are anticipated to make up around 8% to 10% of total industry volume this year, The Star said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
Asia

US, Iran Sign Ceasefire Deal, Agreeing to Reopen Strait of Hormuz, Pakistan PM Says

The United States and Iran formally signed a landmark ceasefire agreement on Wednesday, with Pakistani Prime Minister Shehbaz Sharif confirming on X that the accord had been electronically signed by the presidents of both nations.Sharif, who served as mediator, said the deal carries immediate effect, with Iran pledging to reopen the Strait of Hormuz and Washington committing to lift its naval blockade as the first steps under the agreement.Trump confirmed the signing of the agreement, telling reporters outside the Palace of Versailles in France, "I signed it in Versailles... Just signed it," according to multiple reports, including from the AFP.

^BSE^HNXHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225^NSE^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia

Malaysian Shares Maintain Winning Streak on US-Iran Peace Deal; LAC MED Shares Rally 13%

Malaysian shares extended gains to end in the green on Tuesday, mirroring regional performance. The investor sentiment remained upbeat after the US and Iran signed a peace deal, brokered by Pakistan, to reopen the Strait of Hormuz.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 18.6 points to end 1.1% higher at 1,709.99.In corporate news, shares of LAC MED (KLSE:LACMED) jumped about 13% on close after its unit LAC Medical Supplies secured a letter of award worth 78.9 million ringgit for the supply and delivery of chemical pathology reagents to 10 Health Ministry hospitals in Kedah, Malaysia.RNG Tech (KLSE:RESTNGO) is seeking to raise 16.4 million ringgit via an IPO on the ACE Market of Bursa Malaysia. The IPO comprises a public issue of 126.1 million new shares at 0.13 ringgit each, as well as an offer for sale of 78.8 million shares.Shares of Hextar Technologies Solutions (KLSE:HEXTECH) slid over 2% on close after its unit mutually agreed with Widad Development (Nilai) to terminate discussions and cease all obligations relating to the proposed disposal of four parcels of industrial land in Negeri Sembilan, Malaysia.

FTSE Bursa Malaysia KLCIKLSE:HEXTECHKLSE:LACMEDKLSE:RESTNGO
Asia

Market Chatter: AT&S to Boost Malaysia Investment Amid AI Infrastructure Growth

Austrian firm AT&S is preparing to invest up to 2 billion euros in Malaysia as demand tied to artificial intelligence infrastructure soars globally, Reuters reported Monday.The Austrian circuit board maker is focused on expanding its operations in Kulim, Malaysia, according to the report.Chief executive Michael Mertin said the build-out is being fully underpinned by long-term commitments from key customers, supporting both new and expanded production lines, the news agency said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
International

IMF Sees Global Economy Holding Up Amid Middle East Conflict

The global economy has remained resilient despite the Middle East conflict, supported by strong growth in the U.S. and China, though energy importers remain vulnerable, according to a Monday blog by IMF Managing Director Kristalina Georgieva.Oil prices remain about 30% above pre-war levels, contributing to higher inflation in many economies.However, inflation expectations have generally remained anchored, while financial markets have held up and global financial conditions remain accommodative, Georgieva said.She said investment in artificial intelligence and data centers continues to support growth, particularly in the U.S. and parts of Asia, helping offset the impact of higher energy costs.The IMF warned that countries heavily reliant on energy imports, especially in Africa and parts of Asia, face mounting pressure from higher fuel, food, and financing costs.The fund said policymakers should maintain price stability and fiscal discipline while remaining prepared to respond to prolonged disruptions.

ASX 200^BSE^DSE^HNX^HOSEHang Seng^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINikkei 225Nifty 50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted^YSX
Asia

Malaysian Shares Extend Gains on US-Iran Peace Deal; Sanichi Technology Rallies 7%

Malaysian shares extended gains to end in the green on Monday, mirroring regional gains. The investor sentiment was positive after the US and Iran signed a peace deal, brokered by Pakistan, to reopen the Strait of Hormuz.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 6.06 points to end 0.5% higher at 1,691.39.In local news, the Construction Industry Development Board Malaysia, CIDB Malaysia, appointed Ahmad Farrin Mokhtar as its new chief executive, effective June 8.Malaysia may struggle to surpass its record 431.1 billion ringgit in investment approvals seen in 2025, with growth expected to moderate this year, The Star reported, citing UOB (Malaysia). The bank attributed the softer outlook to geopolitical tensions, energy price swings, and ongoing cost pressures that could dampen investor sentiment.In corporate news, shares of Sanichi Technology (KLSE:SANICHI) jumped over 7% on Monday's close after its unit Sanichi Glove was struck off and dissolved, following publication of a notice in the government gazette on June 8.Shares of Kerjaya Prospek (KLSE:KERJAYA) gained over 3% on clos after its unit Kerjaya Prospek (M) accepted a 529.3 million ringgit building contract from BRDB Developments for a residential project in Kuala Lumpur, Malaysia.

FTSE Bursa Malaysia KLCIKLSE:KERJAYAKLSE:SANICHI
International

Asia Week Ahead: Central Bank Decisions; Inflation; and Trade

The week ahead in Asia will be packed with a number of central bank decisions and macroeconomic data, with investors set to track the impact of the Middle East conflict on regional economies.The economic calendar starts quietly on Monday with services activity data from Japan, whole inflation figures from India and New Zealand's services PMI.Activity picks up Tuesday as the Reserve Bank of Australia and Bank of Japan announce policy decisions, while China releases a batch of closely watched activity indicators.Wednesday shifts the focus to trade, with Japan and Singapore due to report May figures.Thursday brings a cluster of central bank decisions from Taiwan, Indonesia and the Philippines, with New Zealand's first-quarter GDP and Thailand's trade data also on deck.Friday rounds out the week with inflation data from Japan and Malaysia, with New Zealand reporting trade numbers.Here's what to watch in the week ahead.MONDAY, June 14The week was off to a relatively light start with a handful of releases from India, New Zealand, and Japan.Japan released its tertiary industry activity index for April, a measure of change in the total value of services provided and consumed by the country's service sector.The index rose a seasonally adjusted 1.3% month on month, reversing from a 0.6% decline in the prior month and recording its first increase in three months.It also beat the Trading Economics forecast of a 0.5% increase.In New Zealand, the BusinessNZ Performance of Services Index fell to 47.5 in May from a downwardly revised 48.7 in April, marking a fourth straight month of contraction in the services sector. Trading Economics said the decline came as the Iran war weighed on business activity.India's annual wholesale price index (WPI)-based inflation rate rose to 9.68% year over year in May. The reading was higher than the consensus forecast of 9.10% tracked by Investing.com and compared with an 8.26% pace recorded in the prior month.Later Monday, India reports unemployment stats for May.TUESDAY, June 16Macro activity picks up Tuesday with central bank decisions scheduled in Australia and Japan, and a slew of monthly data from China.The Reserve Bank of Australia is expected to hold the official cash rate steady at 4.35%, according to a Trading Economics consensus.Economists at National Australia Bank said the latest decision would mark the end of the tightening cycle, with the next move likely down and now expected in the second quarter of 2027.In contrast, the Bank of Japan is forecasted to raise interest rates by 25 basis points to 1%, according to a Trading Economics consensus estimate.Bloomberg reported earlier June that the central bank was considering raising the policy rate amid high uncertainties over the Middle East conflict. Officials were expected to sift through as much data as possible until the last minute before making a final decision, though the decision to raise rates was unlikely to be unanimous, according to the report.China's industrial production and retail sales stats will also be in the news, alongside monthly unemployment and housing price data.Markets will review the figures to gauge how well the country's economy is faring amid the Middle East conflict. According to the Wall Street Journal, the data is likely to indicate overall improvement and economic resilience despite the macro headwinds.Hong Kong will report unemployment data the same day, while trade stats will be in focus in India and South Korea.In New Zealand, markets will await food inflation data which is expected to show "modest increases," according to CommBank.WEDNESDAY, June 17Focus shifts Wednesday to trade data from Singapore and Japan.Japan is expected to record a trade deficit of 564.6 billion yen in May, reversing from a 301.9 billion yen surplus a month earlier, according to a Trading Economics consensus.Wednesday will also bring the Reuters Tankan Index for June, a key gauge of Japanese business confidence, along with monthly machinery orders data.Meanwhile, Singapore's trade surplus is expected to narrow to $7 billion in May from $13.07 billion in April, according to Trading Economics. The city-state is also due to release monthly non-oil export data.A forward-looking report from Westpac capturing consumer confidence in New Zealand is also scheduled for Wednesday.THURSDAY, June 18Central banks across Taiwan, Indonesia and The Philippines will meet for interest rate decisions Thursday.Bank Indonesia will be in focus after it unexpectedly raised interest rates by 25 basis points earlier this month to support the rupiah.While some economists expect the central bank to deliver another 25 basis point hike, ING expects Bank Indonesia to hold rates steady and instead prioritize alternative measures to attract foreign capital inflows and stabilize the currency.The Philippines' central bank, Bangko Sentral ng Pilipinas, is widely expected to raise its benchmark rate by 25 basis points to 4.75% amid persistent inflationary pressure, according to a Trading Economics consensus.Meanwhile, Taiwan's central bank is expected to hold rates steady at 2%. ING said it will be monitoring the Central Bank of the Republic of China's press conference for clues on a possible rate hike in the third quarter.Elsewhere, New Zealand will report its first quarter gross domestic product growth rate. CommBank said it expects quarterly growth to reach 0.8%, shy of the Reserve Bank of New Zealand's 1% forecast.While the economy started 2026 with a decent moment, there will be "pockets of weakness" highlighting that economic recovery was a "bit patchy," CommBank said in a preview.Lastly, Thursday will feature Thailand's trade figures for May.FRIDAY, June 19The week rounds off with closely watched inflation data from Japan.According to ING, May's consumer prices could record a rise of 1.6% year on year, accelerating marginally from 1.4% in April. The subdued increase would reflect government measures, though price pressures are likely to broaden, ING said.Malaysia's headline inflation, also due the same day, is similarly expected to show a marginal rise to 2% year-on-year in May from 1.9% in April due to government fuel subsidies and stable food prices, the Wall Street Journal reported, citing DBS.Malaysia will additionally report monthly trade figures on Friday, while Macao will release monthly inflation data the same day.Trade figures from New Zealand will also feature Friday. According to a Trading Economics consensus, New Zealand's May trade surplus could narrow to NZ$875 million from NZ$1.92 billion a month earlier.South Korea's producer price inflation will also be among the highlights of the day.

ASX 200^BSEHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225Nifty 50^NZ50^PSEIM^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia

Market Chatter: Malaysia Investment Growth Expected to Ease Amid Global Uncertainty

Malaysia may struggle to surpass its record 431.1 billion ringgit in investment approvals seen in 2025, with growth expected to moderate this year, The Star reported Monday, citing UOB (Malaysia).The bank attributed the softer outlook to geopolitical tensions, energy price swings, and ongoing cost pressures that could dampen investor sentiment.It expects total approved investments in 2026 to trend closer to the three-year average of about 382 billion ringgit, though AI-led demand and supply chain diversification into ASEAN are likely to provide support, according to the report.In the first quarter, Malaysia recorded 92.8 billion ringgit in approved investments, slightly below 93 billion ringgit a year earlier. Foreign investments made up 60.5% of total approvals, led by Japan, China, the US, Singapore, and Thailand, while services remained the dominant sector, the news outlet said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

FTSE Bursa Malaysia KLCI
Asia

CIDB Malaysia Names New Chief

The Construction Industry Development Board Malaysia, CIDB Malaysia, appointed Ahmad Farrin Mokhtar as its new chief executive, effective June 8, according to a Friday press release.CIDB said he is expected to drive ongoing transformation efforts toward a more sustainable and resilient construction sector.

FTSE Bursa Malaysia KLCI
Asia

US, Iran Reach Peace Agreement, Formal Signing Due Friday

U.S. and Iranian officials have confirmed a peace agreement to end the war and reopen the Strait of Hormuz, with a formal pact expected to be signed in Switzerland on Friday.U.S. President Donald Trump said in a post on Truth Social that the agreement with Iran was "complete" and authorized the immediate lifting of the U.S. naval blockade.Separately, Iran's Deputy Foreign Minister Kazem Gharibabadi confirmed that an agreement had been reached to end the conflict, according to multiple media reports.Pakistan Prime Minister Shehbaz Sharif, who mediated the negotiations, said in a post on X that the peace accord would be signed on Friday, June 19.Sharif added that both sides had agreed to an immediate and permanent cessation of military operations across all fronts, including in Lebanon.

^BSE^HNXHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225^NSE^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
Asia

Malaysian Shares End Week in Green on Upbeat Economic Data

Malaysian shares extended gains to end in the green on Friday, mirroring regional gains. The investor sentiment was positive after the positive manufacturing and industrial production data.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 4.10 points to end 0.2% higher at 1,683.63.In economic news, Malaysia's manufacturing sales rose 9.1% year over year to 175 billion ringgit in April, according to data from the Department of Statistics Malaysia (DOSM). The growth pace accelerated from the 5.3% increase recorded in March.Malaysia's Industrial Production Index (IPI) rose 8.2% year over year in April, according to data from the DOSM. The pace of growth accelerated from the 3.1% increase recorded in the previous month. It beat the consensus forecast of a 4% growth tracked by Investing.com.Meanwhile, Malaysia's retail trade sales increased 6.3% year over year in April, according to data from the Statistics Department.In corporate news, shares of Titijaya Land (KLSE:TITIJYA) rose over 3% on today's close after it signed a consortium deal with Permodalan Negeri Selangor to develop affordable housing under the Rumah Idaman initiative in Selangor, Malaysia.Shares of Kerjaya Prospek Group (KLSE:KERJAYA) gained about 2% on week's close after its unit Rivanis Ventures signed a development deal worth 156.5 million ringgit with Railway Assets to acquire and develop 34.8 acres of land in Penang, Malaysia.

FTSE Bursa Malaysia KLCIKLSE:KERJAYAKLSE:TITIJYA
Malaysia's Retail Sales Rise 6.3% in April, Industrial Output Posts Fastest Growth Since 2022
US Markets

Malaysia's Retail Sales Rise 6.3% in April, Industrial Output Posts Fastest Growth Since 2022

Malaysia's retail sales growth slowed in April, while industrial production recorded its strongest expansion in more than three years.Retail trade sales rose 6.3% year over year in April, according to data released by the Department of Statistics Malaysia on Friday.The increase was slower than the 7.5% growth recorded in March and fell short of the 7.7% forecast in a Trading Economics poll.The sector's performance was driven primarily by a 6.1% increase in retail sales at non-specialized stores.Sales of other goods in specialized stores rose 6.8%, while sales of other household equipment in specialized stores increased 3.5%.Total wholesale and retail trade sales rose 15.3% year over year to 174.8 billion ringgit in April.Wholesale trade sales climbed to 83.5 billion ringgit, retail trade sales increased to 71 billion ringgit, and motor vehicle sales advanced to 20.4 billion ringgit.Separate data released Friday showed Malaysia's Industrial Production Index rose 8.2% year over year in April, accelerating from 3.1% in March.The performance "marked the highest growth registered since September 2022, bolstered by the expansion across all sectors," the Department of Statistics Malaysia said.Manufacturing output increased 8.3%, mining production rebounded 6.8% after contracting 6.5% in March, while electricity output rose 10.5%.Export-oriented industries, which account for about two-thirds of the manufacturing sector, expanded, supported by increased production of computer, electronic, and optical products.Domestic-oriented industries grew, driven by increases in motor vehicle production and food manufacturing.The latest data comes as inflationary pressures show signs of picking up. Malaysia's consumer prices rose 1.7% year over year in March, the fastest pace in more than a year, while Economy Minister Rafizi Ramli has cautioned that prices could rise further in the coming months.The government has largely contained inflation through fuel subsidies, including a gasoline quota system and targeted diesel assistance, and is considering additional measures to help cushion households and businesses from rising costs.Higher global commodity prices stemming from the conflict in the Middle East are expected to increase domestic cost pressures and push inflation higher, Bank Negara Malaysia said.However, the central bank said, "the impact on both headline and core inflation in 2026 is expected to remain contained."

FTSE Bursa Malaysia KLCI
International

Malaysia's Retail Sales Rise 6.3% in April

Malaysia's retail trade sales increased 6.3% year over year in April, according to data from the Department of Statistics Malaysia released Friday.The increase missed the 7.7% growth forecast by analysts polled by Trading Economics. It also slowed from the 7.5% expansion in March.The sector's performance was driven primarily by a 6.1% increase in retail sales in non-specialized stores, while other retail segments also recorded gains.Total wholesale and retail trade sales combined reached 174.8 billion ringgit for the month, reflecting a 15.3% year-over-year increase.

FTSE Bursa Malaysia KLCI
International

Malaysia's Industrial Production Growth Quickens to 8.2% in April

Malaysia's Industrial Production Index (IPI) rose 8.2% year over year in April, according to data from the Department of Statistics Malaysia (DOSM) released on Friday.The pace of growth accelerated from the 3.1% increase recorded in the previous month. It beat the consensus forecast of a 4.0% growth tracked by Investing.com.The monthly performance was driven primarily by an 8.3% output growth in manufacturing, coupled with the turnaround to 6.8% in the mining sector from a decline of 6.5% seen in March.However, on a month-on-month basis, the IPI contracted by 3.4% after registering a positive 9.3% growth in the previous month.

FTSE Bursa Malaysia KLCI
International

Malaysia's Manufacturing Sales Growth Accelerates to 9.1% in April

Malaysia's manufacturing sales rose 9.1% year over year to 175 billion ringgit in April, according to data from the Department of Statistics Malaysia released Friday.The growth pace accelerated from the 5.3% increase recorded in March.The expansion was driven by strong demand for electrical and electronics products, alongside gains in food, beverages and tobacco, and petroleum-related products.

FTSE Bursa Malaysia KLCI

Showing 141-160 of 323

Track with the FINWIRES app suite