The FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 0.10% to close at 1,576.70 on September 2, 2025, gaining 1.58 points from 1,575.12. The index dipped early to 1,571.91 amid caution but recovered with late bargain hunting. Investors awaited Bank Negara Malaysia’s (BNM) policy decision and U.S. Fed moves.
Trading volume fell to 2.9 billion units worth RM2.79 billion, down from 3.087 billion units and RM3.164 billion previously. Gainers led losers 735 to 703, with 490 counters unchanged. The ringgit weakened to 4.2310 against the USD, reflecting a 5.69% year-to-date drop.
Key Movers and Shakers
Petronas Dagangan Bhd rose 2.79% to RM21.800, topping gainers, followed by Sunway Bhd (up 2.34%) and QL Resources Bhd (up 2.20%). Maybank and Public Bank also advanced. Hextar Global Bhd fell 0.72% to RM93.600, while Press Metal dropped 0.38%. High-volume stocks included Tanco Holdings Bhd. Utilities and finance sectors supported the market, though plantations struggled.
Policy Impacts and Outlook
BNM’s meeting on September 4 may keep the Overnight Policy Rate at 2.75%. Malaysia’s 2025 GDP growth is forecasted at 4.3%, despite external risks. Globally, U.S. tariff threats under the “America First” agenda raise costs for exporters like Malaysia. However, potential Fed rate cuts lifted sentiment. Foreign outflows hit RM1.41 billion.
The Madani Economy framework plans RM611 billion in spending for 2026-2030, boosting resilience. Still, the OECD notes moderate growth with fiscal risks. Watch klci.net for updates.