Categories: Business News

FBM KLCI Seen Firm as GDP Surprise Offsets Fed Leadership Uncertainty

The FBM KLCI is expected to trade positively today, supported by a stronger-than-expected 4Q25 GDP growth of 5.7%. Sentiment, however, may be moderated by renewed uncertainty over US monetary policy after President Donald Trump expressed hesitation on appointing Kevin Hassett as the next Federal Reserve chair, fuelling concerns that policy may be less dovish following Jerome Powell’s departure in May.

GDP Surprise

Continued foreign inflows and portfolio rotation into Asia are likely to underpin large-cap defensive and earnings-visible stocks, particularly within financials, utilities and selected technology names. Domestically oriented and defensive sectors, including consumer, power-related and renewable energy plays, remain favoured, supported by government-led clean energy initiatives and expanding data centre investments.

Business News

Staff Writer

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