KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.42 points, or 0.76 per cent, to 1,637.81, compared with Thursday’s close of 1,625.39. The benchmark index opened 2.83 points lower at 1,622.56, thereafter edged down to an early low of 1,622.03, before staging an uptrend to an intraday high of 1,640.36 in late trading. Market breadth was positive, with gainers trouncing decliners at 743 versus 387. Another 530 counters were unchanged, 1,108 untraded, and 16 suspended. Turnover increased to 3.09 billion units worth RM2.46 billion from 2.99 billion units worth RM2.35 billion on Thursday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI ended higher on continued...
Singapore shoppers are kicking off their year-end spending earlier than before and shifting more purchases online, according to a new FedEx consumer study.
Holiday Shopping Starts Earlier
FedEx found that Singaporeans now begin festive shopping as early as October:
34% start in October
27% in November
19% in December
Nearly 45% expect to shop more online than last year, and 1 in 3 plan to conduct at least half of their purchases online.
Fashion, Food and Luxury Lead Demand
Most popular categories include:
Fashion
Food & gifts
Luxury items
Shoppers said quality, brand reputation, and uniqueness influence buying decisions the most.
Festive Sales Events Drive Purchasing
Major sales festivals remain highly impactful:
79% consider Double 11, Black Friday and Cyber Monday when shopping
95% of SMEs view e-commerce festivals as essential to capture demand
Logistics Play a Key Role
Fast and reliable delivery continues to shape conversion:
85% say fast delivery is important
Delays and high shipping costs are top shopping frustrations
Many Singaporeans said they would buy more from European sellers if:
Shipping fees were lower
Product variety were wider
Delivery speeds improved
Marketplaces Remain Dominant
Where consumers shop:
59% via online marketplaces
23% via brand websites
How SMEs Are Responding
To meet rising online expectations:
41% of SMEs are enhancing fulfilment and delivery
39% are localising their products
FedEx’s Wider Economic Impact
FedEx reported contributing US$126 billion to the global economy in FY2025, including US$5.7 billion across Singapore and the Asia Pacific region.
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