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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Think Bonds Over UK Stocks for Now

The Case for Sterling Bonds With UK equities near record highs but lacking momentum, investors might consider a less stressful alternative:  investment-grade sterling corporate bonds . While UK stocks attract private equity attention, broader performance lags global peers — only  16% growth since 2020  versus the  S&P 500’s near double . Why Bonds Make Sense Now Yields on 10-year UK gilts sit at 4.5% , among the highest in developed markets. Sterling corporate bonds offer 130bps premium  over gilts — more than euro equivalents. Recent deals, like ABP’s  £300 million bond at 5.875% , were 5x oversubscribed. Macro Considerations Sterling strength  has been supported by a weak dollar but may reverse if  BOE rate cuts accelerate . UK equities are  stock-picking territory , with little broad index upside due to economic slack. MoneyMaster Take — Key Insights: Sterling corporate bonds provide better risk-adjusted returns  vs. UK stocks. FT...

Middle East on the Brink: Trump Turns Up the Heat on Iran

Tensions in the Middle East are boiling over — again. But this time, it’s not just a regional issue. The U.S. could be pulled directly into the conflict. Here’s what you need to know: President Trump is  raising the pressure on Iran , fueling fears that Washington may soon  join Israel’s ongoing strikes  on Tehran. This conflict has already rattled oil markets — and it could be just the beginning. "Not a Ceasefire. An End." Trump didn’t mince words. After leaving the G7 meeting early, he told reporters: “An end. A real end. Not a ceasefire.” That comment sparked immediate speculation — was the U.S. about to join Israel’s military campaign? Meanwhile, Israel’s Defense Minister declared that " very significant targets " in Tehran would be hit. The airstrikes have already stretched into their  fifth straight day , targeting Iranian nuclear and military infrastructure. Satellite images show that  Israel struck Iran’s Natanz uranium enrichment facility , one of the c...

Singapore’s Export Engine Stalls in May – What It Means for Investors

After a strong rebound in April, Singapore’s exports hit a snag in May. Non-oil domestic exports (NODX) slipped  3.5% year-on-year , a sharp turnaround from the 12.4% surge the month before — and well below market expectations. If you're wondering why exports are losing steam and whether this matters for your portfolio, here’s what’s really going on. Electronics Still Growing, But Momentum’s Slowing Let’s start with the good news:  electronics exports  rose  1.7%  year-on-year in May. That’s far from April’s 23.4% spike, but still positive. Personal computers (PCs) surged  +50.9% Consumer electronics climbed  +49% Integrated circuits (ICs) were up modestly at  +4.3% But here’s the issue —  non-electronics exports  slid  5.3% , reversing April’s 9.3% gain. Non-monetary gold exports dropped  25.9% Petrochemicals were down  17.8% Specialised machinery fell  11.7% In short, the export story is starting to splinter — and t...

Israel vs Iran: What It Means for Markets and Your Money

The world is watching as tensions between Israel and Iran explode into open conflict. For four days now, missiles have flown, drones have buzzed across borders, and headlines have screamed of war. Oil prices soared, then slipped. Global investors are on edge.  But beneath the smoke and fury lies a crucial question for everyday investors:  What does this mean for your portfolio—and how should you respond? From Shadow War to Center Stage What began as decades of behind-the-scenes sabotage and proxy skirmishes has now erupted into the most serious direct clash between Israel and Iran in recent memory. On Friday, Israel launched airstrikes on Iranian nuclear and military targets, killing several top officials, including nuclear scientists. Tehran retaliated with waves of drones and missiles—some striking deep into Israeli cities like Tel Aviv. The death toll has risen sharply: 224 in Iran and 24 in Israel, with hundreds more wounded. One Iranian missile even landed near the U.S. c...

Malaysia’s Tax Shake-Up: Who Wins, Who Pays, and Where the Smart Money’s Headed

Malaysia is pressing ahead with fiscal reform—and the latest expansion of the Sales and Service Tax (SST) marks a key moment. Effective 1 July 2025, the government is broadening the scope of SST to cover more sectors, from financial services to construction and healthcare. At face value, new taxes often trigger concern. But this shift is more than a revenue-raising exercise—it offers insight into policy direction and reveals which sectors are resilient, and which might be tested. For investors willing to look deeper, it also highlights potential opportunities in Islamic finance, healthcare, and high-quality REITs. Let’s break it down. What’s Changing? The Ministry of Finance announced that: Sales tax  rates will remain at 5% or 10% for non-essential goods, while essential goods remain exempt. Service tax  scope is expanding to include  financial services, leasing, construction, private healthcare, education, and beauty services . A  6% service tax  will apply to...

Defense Stocks Take Flight: Middle East Tensions Spark Rally

Defense stocks surged Friday as markets reacted swiftly to Israel’s military air strikes on Iranian nuclear and missile sites — a move that has significantly raised the risk of a wider war in the Middle East. The sudden escalation sent investors rushing into defense and aerospace names, betting on heightened demand for weapons systems, surveillance tech, and military support. Missile Strikes, Market Moves With Israeli Prime Minister Netanyahu warning of more attacks to come and U.S. President Trump pushing Iran to agree to a new nuclear deal, the defense sector lit up green across the board. Topping the leaderboard were U.S. defense giants: Lockheed Martin (LMT)  +3.6% Northrop Grumman (NOC)  +3.5% RTX Corp. (RTX)  +3.2% All three have deep supply ties to Israel via U.S. military contracts and were among the top 15 gainers in the S&P 500 on Friday. Broader Rally in the Sector Momentum wasn’t limited to the big three. Other beneficiaries of the rising geopolitical tens...

Crude Oil Soars: Middle East Tensions Drive Biggest Surge in Over 3 Years

Oil markets roared to life on Friday as crude prices logged their sharpest single-day gains since 2022, driven by a sudden spike in geopolitical tensions. The trigger? Israel launched air strikes on Iranian military and nuclear facilities, marking a serious escalation in Middle East conflict risk. A Sharp Repricing of Risk Front-month WTI crude (CL1:COM) surged +7.2% to close at $72.98/bbl — its highest settlement since February 11 and the biggest one-day jump in more than three years. Brent crude (CO1:COM) wasn’t far behind, climbing +7% to $74.23/bbl. Traders had been pricing in a supply surplus for most of the year, with OPEC+ relaxing output cuts and production climbing in Brazil and Guyana. But that narrative flipped quickly. The latest strikes — although sparing oil infrastructure — have forced markets to consider worst-case scenarios, including potential disruptions at the vital Strait of Hormuz. What Analysts Are Saying J.P. Morgan warned that crude could hit $120/bbl if confli...

Missiles, Markets, and Momentum: What the Israel-Iran Clash Means for Investors

The Middle East just reminded global markets of a truth we often forget during bull runs: geopolitical risk doesn’t knock — it breaks the door down. On June 13, 2025, Israel launched coordinated airstrikes against Iran’s nuclear and military facilities, including the critical uranium-conversion site in Isfahan. In retaliation, Iran fired over 100 ballistic missiles into Israel in two waves. Explosions rocked Tel Aviv, forcing citizens into shelters, while internet blackouts swept through parts of Tehran. An explosion during a missile attack in Tel Aviv, on June 13. Photographer: Tomer Neuberg/AP Photo This is not business as usual. It marks a rare instance of immediate retaliation, a shift from Iran’s previous strategy of delayed response. Markets took notice — and so should investors. Markets React to Geopolitical Shock Crude oil prices surged on Friday as traders reacted to the heightened geopolitical risk and the potential for supply disruptions. Tanker shipping rates also spiked. M...

Powering Up: Malaysia’s Energy Transition Is Gaining Real Traction

At  MoneyMaster , we believe some of the best investment stories start quietly—just like Malaysia’s utilities sector right now. This week, national utility   Tenaga Nasional   signed a landmark deal to supply   500MW of renewable energy   to DayOne’s hyperscale data centers in Johor under the   Corporate Renewable Energy Supply Scheme (CRESS) . It’s a 21-year commitment that brings total green energy contracts under CRESS to   around 1.3GW —not bad for a program launched less than a year ago. Under the Radar: A Market-Driven Green Shift While the market buzzes about data centers, what’s really unfolding is a  structural energy shift . CRESS enables direct power contracts between corporates and renewable developers, ditching slow, quota-based bidding systems for a  market-based “willing buyer, willing seller” model . The result? Faster rollouts. Better project economics. And more confidence for investors. Here’s what’s already on the board: Te...

Markets Take a Breather as Trump’s Tariff Talk Spooks Investors — What You Need to Know as Uncertainty Builds Again

It was a shaky day across global markets on June 12, as investors hit the brakes following renewed threats of tariffs and rising geopolitical tensions. The S&P 500 futures dropped 0.6%, putting the index on track for its first back-to-back loss in June. Stocks in Europe and Asia also pulled back, while the US dollar slid toward its weakest point since 2022. Yields on longer-term Treasuries dipped as investors shifted toward safer assets. So, what’s spooking the markets? Two words: Donald Trump. The former—and possibly future—President is once again rattling the global trade table. Trump announced he plans to send letters to US trading partners in the next couple of weeks, outlining new unilateral tariff rates, just ahead of a self-imposed July 9 deadline. If implemented, the move could reignite trade tensions and potentially trigger a ripple effect across supply chains and investor sentiment. At the same time, markets are watching the Middle East with concern. Reports that the US e...

Investing in an Era of ‘America First’ Policies: Navigating Market Volatility

Key Takeaways for Investors: ✅   Monitor policy shifts —Tariff announcements and regulatory changes can significantly impact market sectors. ✅   Diversify regionally —Opportunities exist beyond U.S. markets, particularly in  European fixed income and Asian equities . ✅   Stay flexible with asset allocation —Balance risk between equities, fixed income, and alternative investments. ✅   Follow interest rate trends —With U.S. rate cuts slowing, look for  higher-value opportunities in sovereign bonds outside the U.S.   The investment landscape in 2025 is shaped by significant macroeconomic forces, as President Donald Trump’s renewed ‘America First’ policies introduce new complexities for financial markets. Investors must navigate the implications of trade tariffs, deregulation, and shifting monetary policies while balancing exposure to large-cap stocks that continue to trade at premium valuations.   A recent  Seeking Alpha Sentiment Survey  f...