Malaysia Takes a Bold Step in Green Transportation with the 'smart #1' EV
The FBM KLCI closed 0.5% lower, led by declines in Public Bank, while lower liners ended mixed. The Transportation and Logistics sector saw the highest buying interest (+1.2%), and the Technology sector led the laggards (-1.2%). Globally, US stock markets showed positive movements, while European markets were uniformly positive, and Asian markets were more muted. Japan’s Nikkei 225 rose 0.6%, but South Korea, Hong Kong, and Chinese markets remained flat.
Looking ahead, a potential recovery is expected in the FBM KLCI following positive developments on Wall Street. Lower liners may stay in consolidation mode, and investors are focused on US economic data and Fed interest rate movements. Tensions in the Middle East are also influencing market sentiment. The Plantation sector is favored due to rising CPO prices.
Read more Business News
Eco World reported stronger 1HFY26 earnings driven by industrial land sales, while robust new sales…
Scoot, the low-cost subsidiary of Singapore Airlines (SIA), is pleased to announce an exciting collaboration…
RICOH Malaysia unveiled AI and automation solutions designed to improve operational efficiency, workflow intelligence, and…
Singapore, June 18, 2026 — Federal Express Corporation, one of the world’s largest express transportation…
Malaysia faces critical challenges like rising costs and political instability while pursuing a future of…
Malaysia has jumped eight spots to rank 15th in the 2026 IMD World Competitiveness Ranking,…
This website uses cookies.