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Market Daily Report: Bursa Malaysia Ends Lower as Investors Eye US Data, BOJ Decision

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...
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BMW Margins Hit by U.S. Tariffs and China Slowdown, EV Sales Offer Bright Spot

BMW AG reported a dip in profitability for the second quarter as U.S. tariffs and weaker sales in China pressured earnings. The German luxury carmaker’s automotive operating margin slipped to 5.4%, slightly above analyst expectations but down from previous levels.

Key Points:

  • Tariff Impact: President Donald Trump’s trade war is expected to shave 1.25 percentage points off BMW’s 2025 margins.

  • China Slump: Increasing competition from domestic EV makers like BYD is squeezing BMW’s market share and pricing in its largest market.

  • Shares: Fell as much as 2.1% in Frankfurt Thursday but remain up 6.2% year-to-date.

Outlook:

  • BMW maintained its full-year auto margin guidance of at least 5%, making it one of the few European automakers not cutting forecasts this season. Porsche, Volkswagen, and Mercedes-Benz have all downgraded outlooks amid trade-related costs.

  • The company plans to counter tariff effects with cost-saving measures and increasing U.S. output at its South Carolina plant.

EV Momentum:

  • BMW’s electric vehicle sales rose 16% in H1, outpacing Mercedes in the shift to battery-powered cars. CEO Oliver Zipse aims to build on that momentum with the launch of the first Neue Klasse EV in September.

Bottom Line: Tariffs and China’s competitive market are squeezing BMW’s profits, but rising EV sales and U.S. production expansion could help cushion the blow.

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