KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
Key Takeaway
Singapore’s F&B services sector posted modest growth of 1.7% YoY in July 2025, reversing June’s flat performance. Gains were broad-based across most categories, but restaurants remained the weak spot with a 2.4% decline.
Market Snapshot
Total sales: S$1.0 billion
Online share: 25.9% of all F&B sales
Down from 26.8% in June
Up from 23.8% a year earlier
Segment Breakdown
Food Caterers: +14.7% YoY — strongest growth driver
Fast Food Outlets: +4.8% YoY — resilient consumer demand
Cafes, Food Courts & Other Eating Places: +0.5% YoY — marginal growth
Restaurants: -2.4% YoY — only segment in contraction
Monthly Momentum (MoM, Seasonally Adjusted)
Fast Food Outlets: +2.4%
Restaurants: +1.9% (showing signs of recovery despite YoY weakness)
Cafes/Food Courts: +0.9%
Food Caterers: +0.2%
Investor Implications
Consumer shift: Food Caterers and Fast Food chains are benefiting most from evolving dining patterns and cost-conscious households.
E-commerce resilience: Online transactions continue to capture ~26% of total sales, reinforcing the digital channel as a key structural trend.
Restaurants under pressure: Rising costs and cautious consumer spending remain headwinds, though the MoM rebound suggests some stabilization.
Bottom Line: July’s data highlights Singapore’s F&B industry as steady but uneven — growth is concentrated in fast, affordable, and catering segments, while restaurants continue to struggle with inflationary pressures.
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