Trump Secures Billions as Intel, Other Tech Giants Agree to U.S. Government Stakes
The FBM KLCI opened the week on a strong footing, rising 1.07% in tandem with upbeat regional sentiment. Market breadth was robust, with 812 advancers outpacing 343 decliners as lower liners tracked the rally. Technology stocks led sectoral gains, climbing 3.70%, followed by Industrial Products (+1.46%) and Consumer (+1.44%), while Construction (-0.52%) and Telecommunications (-0.17%) slipped.
Global equities also advanced, with Wall Street extending its reboundโDow (+0.04%), S&P 500 (+0.47%) and Nasdaq (+0.90%)โahead of key corporate earnings. European and Asian markets mirrored the risk-on tone, with Japanโs Nikkei 225 surging 3.89%.
Looking ahead, investors will monitor Malaysiaโs 4Q25 GDP release for policy cues, alongside US macro data including non-farm payrolls and CPI. Continued foreign inflows and resilient domestic growth are expected to support demand for large-cap defensives, particularly in financials, utilities and select technology counters.
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