Malaysian Shares Rise Further After 2027 Budget Release

2026-10-12 02:13 By Farida Husna 1 min. read

Bursa Malaysia’s KLCI rose 0.4% to 1,614 in Monday morning trade, extending last week’s momentum after the government unveiled its 2027 budget.

Kuala Lumpur plans MYR 460 billion in spending, broadening welfare aid and tax relief while retaining fuel subsidies to ease household pressures.

Officials project slower growth of 4.2–5.2% next year and inflation at 1.8–2.8%, though the fiscal deficit is seen narrowing to 3.3% of GDP from a revised 3.6%.

Recent data showed August industrial output and retail sales accelerating, with unemployment edging lower.

Meanwhile, U.S.

stock futures advanced after President Trump said he is considering joining Saudi Arabia in retaliation against Tehran-backed Houthis following a deadly strike on Riyadh’s main airport.

Transport, communication, and financials led gains, while consumer services, retail, and healthcare fell.

Lenders advanced, including Maybank (1.2%) and CIMB (1.0%).

Other major movers were Sunway (2.0%), MISC (1.6%), and Axiata (1.2%).



News Stream
Malaysian Shares Rise Further After 2027 Budget Release
Bursa Malaysia’s KLCI rose 0.4% to 1,614 in Monday morning trade, extending last week’s momentum after the government unveiled its 2027 budget. Kuala Lumpur plans MYR 460 billion in spending, broadening welfare aid and tax relief while retaining fuel subsidies to ease household pressures. Officials project slower growth of 4.2–5.2% next year and inflation at 1.8–2.8%, though the fiscal deficit is seen narrowing to 3.3% of GDP from a revised 3.6%. Recent data showed August industrial output and retail sales accelerating, with unemployment edging lower. Meanwhile, U.S. stock futures advanced after President Trump said he is considering joining Saudi Arabia in retaliation against Tehran-backed Houthis following a deadly strike on Riyadh’s main airport. Transport, communication, and financials led gains, while consumer services, retail, and healthcare fell. Lenders advanced, including Maybank (1.2%) and CIMB (1.0%). Other major movers were Sunway (2.0%), MISC (1.6%), and Axiata (1.2%).
2026-10-12
Malaysian Stocks Slip Further, Hit Weakest Since Nov 2025
Bursa Malaysia’s KLCI fell 0.6% to 1,602 in early Thursday trading, extending prior losses and hitting its lowest since November 2025. Persistent foreign selling, elevated U.S. Treasury yields, and higher oil prices pressured sentiment. Locally, caution was reinforced by the planned expansion of the KLCI from 30 to 50 constituents in phases beginning December, alongside risks of earnings disappointments amid higher-for-longer costs and supply-chain strains. Still, weakness was capped as traders awaited Budget 2027, to be tabled Friday, with hopes for clarity on fiscal priorities, infrastructure spending, and steps to support consumption. Tech, commercial services, manufacturing, and industrials led sector weakness, offset by strength in healthcare, energy minerals, and retail trade. Banks were among top laggards, including Hong Leong Bank (-2.1%) and CIMB (-1.9%). Other notable decliners included Kellington Group (-2.6%), Sime Darby Property (-1.6%), and Telekom Malaysia (-1.0%).
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Stocks in Malaysia Hit 12-month Low
FKLCI decreased to 1603.00 Index Points, the lowest since September 2025. Over the past 4 weeks, FTSE Bursa Malaysia KLCI Index lost 6.48%, and in the last 12 months, it decreased 1.63%.
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