Bursa Malaysia Closed Today
Please note that Bursa Malaysia and its subsidiaries are closed today, June 27, 2025. This closure is for the Awal Muharram public holiday. Trading will resume on Monday, June 30, 2025. Our market insights reflect activity from the most recent trading days, mainly June 26, 2025.
Market Trends Before the Holiday
The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the shortened trading week positively. Market sentiment improved, leading to a resilient performance. On June 26, 2025, the FBM KLCI rose 8.37 points (0.55%). It closed at 1,528.16, up from Wednesday’s close of 1,519.79. This positive momentum came from continued bargain hunting. The broader market also saw more stocks gaining than losing. This indicates widespread positive trading.
Top Performers (June 26, 2025)
Several major companies helped the KLCI climb:
- Maybank, Tenaga Nasional, and IHH Healthcare each gained two sen.
- Public Bank rose four sen.
- CIMB advanced three sen.
Among the most active stocks, YTL Corp surged 13 sen to RM2.27. YTL Power soared 20 sen to RM3.90. Both saw high trading volumes. Other active counters included Tanco, Reservoir Link, Green Ocean, and SNS Network.
Malaysian Policy Shaping the Market
Recent policy changes in Malaysia will influence future market trends:
- Budget 2025 Focus: The government aims to reduce the fiscal deficit to 3.8% for 2025. They also plan to boost revenue through targeted subsidies and new taxes. These could include a dividend tax or wider Sales and Services Tax (SST) scopes. While these changes might pose short-term challenges, government support and strong consumer spending should ease their impact.
- Investment Growth Initiatives: Robust investment growth is expected. The “gear-up initiative” targets RM120 billion in Foreign Direct Investment (FDI). This FDI will go into high-value sectors like renewable energy and electronics. The Public-Private Partnership Master Plan 2030 (Pikas 2030) should also boost GDP significantly. These plans align with the National Industrial Master Plan 2030 (NIMP 2030).
- Semi-Annual Review: The FTSE Bursa Malaysia KLCI had its semi-annual review in June 2025. Constituent changes took effect on June 23, 2025. The FBM KLCI’s top 30 constituents largely remained unchanged for the first time in three years. However, other parts of the FTSE Bursa Malaysia Index Series saw some adjustments, including the FTSE Bursa Malaysia Hijrah Shariah Index.
Global Influences on KLCI
Global events and policies continue to affect KLCI’s performance:
- US Monetary Policy Clarity: The US Federal Reserve confirmed that interest rate cuts are unlikely until at least September. This clarity has boosted optimism in global equity markets. It has positively impacted sectors sensitive to borrowing costs.
- Easing Geopolitical Tensions: Lessening geopolitical concerns, especially in the Middle East, have improved market sentiment. However, past conflicts in the region have shown they can weigh down Bursa Malaysia.
- US-China Trade Relations: Developments in US-China trade always impact the market. Potential revisions to chip trade restrictions by the Trump administration could spark new interest, particularly in the technology sector.
- US Elections & Global Economy: Political rhetoric in the US, following a new presidential inauguration in 2025, creates uncertainty. China’s uneven economic recovery is another wildcard. Both factors could lead to higher volatility in the local bourse.