KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
Key Points:
Government open to factual feedback on tax and tariff measures.
SST expansion and electricity tariff adjustments target higher-income segments.
Authorities willing to fine-tune policies, especially to shield essential sectors like education.
Money Master Insight:
Watch: Domestic sectors with thin margins (consumer staples, services) could face short-term earnings pressure.
Opportunities: Export-oriented, commodity, and tech sectors likely more resilient.
Policy Path: Expect targeted tweaks rather than sweeping reversals; government balancing fiscal needs with social stability.
Bottom Line: Policy adjustments are part of Malaysia’s path toward sustainable growth and revenue. Investors should monitor sector-specific shifts and use volatility to reposition portfolios strategically.
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