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Market Daily Report: Bursa Malaysia Gives Up Earlier Gains To End Mixed

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.70 points to close at 1,602.34 from yesterday’s close of 1,604.04. The benchmark index, which opened 0.86 of-a-point lower at 1,603.18, moved between 1,601.02 and 1,608.88 during the trading session. However, the broader market was mixed to higher, with gainers leading decliners by 565 to 438 while 502 counters remained unchanged, 961 untraded, and 14 suspended. Turnover narrowed to 2.83 billion units valued at RM2.08 billion versus 2.96 billion units valued at RM2.23 billion yesterday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the benchmark index remained range-bound and it required a dec
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Malaysia’s Trade Growth Slows to 2.1% in October Amid Weak Asean, China Demand

Key Takeaway: Malaysia’s exports grew 1.6% in October, driven by electronics and palm oil, but trade growth slowed overall due to weak demand from Asean and China, the country’s largest trading partner.

Malaysia's export performance rebounded slightly in October, reaching RM128.12 billion, a 1.6% year-on-year increase, according to the Ministry of Investment, Trade, and Industry (Miti). This follows a 0.6% contraction in September, but growth fell short of economists’ forecasts of 2.5%.

Highlights:

  • Electronics (+7.6%) and palm oil exports (+12%) supported growth, while petroleum shipments shrank 31% year-on-year.
  • Exports to China fell 6.5%, but deliveries to the US (+33%), EU (+7.7%), and Taiwan (+49%) surged.
  • Gross imports rose 2.6% to RM116.14 billion, driven by intermediate goods. However, imports of capital goods fell 2.7% due to reduced purchases of industrial transport equipment.
  • The trade surplus narrowed 7.6% year-on-year to RM11.98 billion but marked the 54th consecutive month of trade surplus.

Risks and Mitigation:

Miti flagged global vulnerabilities such as geopolitical tensions, supply chain disruptions, and market volatility as risks to trade growth. To mitigate these, the ministry plans to intensify market promotional activities and open new export markets.

While Malaysia's trade surplus remains stable, the slowing growth in key markets like China and Asean reflects ongoing global challenges. Diversification and proactive trade measures will be crucial to sustain growth.

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