Apex officially launches Discretionary Trading (“DT”)! Click here for more info!
Market Highlights
Economic Update
Fri, 20 Feb 2026 07:41 am
Malaysia Inflation Rate - Firmer demand outlook to drive 2026 inflation    

Malaysia’s headline inflation held at +1.6% YoY in January 2026 (Dec-25: +1.6%), in line with Bloomberg consensus, as lower fuel prices were offset by a smaller electricity rebate.

Core inflation printed +2.3% YoY (Dec: +2.3%), holding at its highest level since October 2023, consistent with our view that resilient domestic demand will cushion against a still-fluid external backdrop in 2026.

Going forward, we expect a modest pickup in demand-pull price pressures, while cost-push price pressures should remain contained.

We maintain our forecast for inflation to rise modestly to +1.8% YoY in 2026 (2025: +1.4%).

The steady January inflation print, alongside improving growth momentum, reinforces our expectation for BNM to keep the OPR at 2.75% throughout 2026.

Economic Update
Mon, 16 Feb 2026 07:46 am
Malaysia 4Q25 GDP - Firmer trajectory lifts 2026 outlook

• Malaysia’s GDP accelerated to +6.3% YoY in 4Q25 (3Q25: +5.4%), surpassing the advance estimate of +5.7%. Growth was driven by stronger domestic demand, while net exports declined. Full-year 2025 GDP growth came in at +5.2% (2024: +5.1%).
• The current account recorded a surplus of 0.4% of GDP (3Q25: 2.5%), supported by goods and services surpluses. We project a modest current account surplus of 1.5% of GDP in 2026.
• Headline growth was partly boosted by inventory accumulation, which is unlikely to be sustained. That said, domestic demand should remain resilient, while the external sector will be the key swing factor in 2026.
• In view of the firmer growth momentum, we revise our 2026 GDP forecast higher to +4.7% YoY (previously +4.3%).
• We expect BNM to keep the OPR at 2.75% throughout 2026, barring a materially stronger growth outlook or a significant easing in external risks that could warrant a hike towards 3.00%.

Economic Update
Thu, 12 Feb 2026 07:55 am
Malaysia Labour Market : Positive growth and steady OPR outlook

• The labour market remained resilient in December, with the unemployment rate holding at an 11-year low of 2.9%, consistent with firmer economic growth momentum.
• Stronger tourism flows under Visit Malaysia 2026 are expected to support job creation in services, while a record level of government cash assistance should help lift household spending on essential services.
• Global growth driven by the AI-led technology upcycle should lend further support to export-oriented manufacturing, especially the E&E segment.
• Given sustained improvements in unemployment, we now expect the unemployment rate to average 3.0% in 2026, from 3.1% previously.
• Against the backdrop of a tight labour market and stable inflation, we expect Bank Negara Malaysia to keep the OPR at 2.75% through 2026.

Technical Calls
Stock Research
Derivatives Market Performance
Sector Reports
Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.892563 3.924067
EUR 4.608539 4.613620
CNY 0.566206 0.566976
HKD 0.498243 0.501858
SGD 3.073365 3.095310
Latest Quarter Report
Stock FYE Quarter
31 May 2025 3 Qtr, Feb 2025
31 Dec 2024 4 Qtr, Dec 2024
31 Dec 2024 4 Qtr, Dec 2024
28 Feb 2025 4 Qtr, Feb 2025
31 Jan 2025 4 Qtr, Jan 2025
31 Oct 2025 1 Qtr, Jan 2025
31 Jul 2025 2 Qtr, Jan 2025
30 Apr 2025 3 Qtr, Jan 2025
31 Jul 2025 Other, Jan 2025
31 Jan 2025 4 Qtr, Jan 2025