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 rebound—Dow (+0.04%), S&P 500 (+0.47%) and Nasdaq (+0.90%)—ahead of key corporate earnings. European and Asian markets mirrored the risk-on tone, with Japan’s Nikkei 225 surging 3.89%.
Looking ahead, investors will monitor Malaysia’s 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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The Food Expo Malaysia 2026 concluded successfully, highlighting food industry innovations and partnerships while emphasizing…
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The IMF has upgraded Malaysia's GDP growth forecast to 4.7% for 2026, driven by strong…
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KLCI dips on profit-taking despite positive breadth; global optimism persists on peace hopes, while investors…
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