KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia ended lower today due to late selling in selected heavyweights, particularly in the healthcare, utilities and financial services sectors and was also in sync with regional market weakness. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.10 points or 0.53 per cent to 1,720.71 from yesterday’s close of 1,729.81. The market bellwether opened 6.52 points lower at 1,723.29, and fluctuated between 1,719.93 and 1,737.12 throughout the day. Market breadth was negative with losers beating gainers 707 to 442. A total of 486 counters were unchanged, 1,131 untraded and 11 suspended. Turnover increased to 3.36 billion units worth RM4.96 billion from yesterday’s 3.33 billion units worth RM4.27 billion.
Pos Malaysia Bhd has introduced fuel surcharges on domestic and international deliveries, reflecting rising logistics costs driven by surging global fuel prices amid escalating Middle East tensions.
Fuel Surcharges Introduced Across Services
Effective March 18, 2026, Pos Malaysia will apply:
15% surcharge on domestic shipments
40% surcharge on international deliveries
These charges are applied on top of base shipping prices and are subject to sales and service tax (SST).
The domestic surcharge covers routes between Peninsular Malaysia and East Malaysia, including Sabah and Sarawak, while international surcharges apply across all global destinations and services.
Broad Impact Across Delivery Products
The surcharge affects key services such as:
Pos Laju and MyDistribution (domestic)
Redly Express, EMS, Air Parcel, and Flexipack International
However, postcards and international letters are exempt, offering some relief for basic mail users.
Weekly Adjustments Reflect Volatile Fuel Costs
From March 27 onward, Pos Malaysia will update fuel surcharge rates weekly, reflecting ongoing volatility in fuel markets.
This move highlights the company’s effort to pass through fluctuating fuel costs in a dynamic pricing environment.
Industry-Wide Cost Pressures Emerging
The surcharge follows a broader industry trend, with several airlines — including Malaysia Airlines, Batik Air, and Cathay Pacific — already raising fares and fuel surcharges.
Global jet fuel prices have surged approximately 76%, reaching around US$175 per barrel, driven by supply disruptions linked to the US-Israel-Iran conflict.
Implications for Logistics and Consumers
The move signals rising cost pressures across the logistics sector, with potential implications:
Higher e-commerce delivery costs
Margin protection for logistics providers
Potential demand sensitivity if consumers reduce discretionary spending
Investor Takeaways
Pos Malaysia has introduced fuel surcharges of 15% (domestic) and 40% (international) to offset rising costs.
The move reflects industry-wide pressure from surging jet fuel prices, up ~76% since late February.
Weekly surcharge adjustments highlight ongoing fuel price volatility.
Logistics companies are increasingly passing costs to consumers, protecting margins.
Investors should monitor the impact on e-commerce demand and delivery volumes.
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