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Market Highlights
Market Outlook
Thu, 11 Jun 2026 07:47 am
Market Strategy - MY Value Up: A Stock Selection Framework, Not a Broad-Market Rerating Catalyst

• SC and Bursa Malaysia have launched the MY Value Up Programme to strengthen corporate value creation, capital efficiency and investor confidence.
• We view MY Value Up as a stock-selection framework rather than a broad-market rerating catalyst.
• Given the guidebook’s impact will materialise over the medium to long term, we maintain a barbell strategy as external and domestic factors are likely to remain the key drivers of market performance in the near term.
• Despite the near-term consolidation, our longer-term outlook remains constructive. We maintain our FBM KLCI year-end target of 1,787.
• Our top picks are ViTrox, Mi Technovation, MSC and MITRA.

Economic Update
Thu, 11 Jun 2026 07:44 am
Malaysia Supply Chain Holds Up – Macro Outlook remains intact

• Government measures to safeguard fuel and supply chains should support production activities in the near term. Our channel checks indicate supply disruption risks remain manageable for now.

• We believe our 2026 GDP growth forecast of +4.7% YoY remains achievable given continued supply chain resilience.

• We expect Malaysia’s sovereign credit profile to remain intact, underpinned by the government’s commitment to medium-term fiscal consolidation.

Market Outlook
Wed, 03 Jun 2026 07:49 am
Market Outlook - GE16 Countdown Begins?

• The FBM KLCI fell 38.95 points, or 2.3% month-on-month, in May 2026 weighed by GE16 speculation, weaker regional sentiment and continued foreign fund outflows from ASEAN markets.
• June will be a crucial month for global markets, as key US economic data and Fed Chair Kevin Warsh’s first FOMC meeting could reinforce the higher-for-longer rate outlook, supporting the US Dollar and weighing on risk assets.
• Domestically, the Johor State Election will be the key political event, with investors closely watching the outcome for clues on the likelihood of an earlier-than-expected GE16.
• Despite near-term volatility, we remain constructive on the Malaysian market, supported by resilient domestic demand, ongoing infrastructure and data centre investments, and continued strength in the technology and E&E sectors.
• Our top picks are ViTrox, Mi Technovation, MSC and MITRA. 

Technical Calls
Stock Research
Derivatives Market Performance
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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.055433 4.088860
EUR 4.703299 4.709272
CNY 0.600108 0.600859
HKD 0.517722 0.521484
SGD 3.151640 3.174578
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