Lates News

David Loh, Deputy Director of Stock Business at AHAM Capital, said at a briefing that due to a clearer macroeconomic environment, the outlook for the Malaysian stock market may remain optimistic, with volatility expected to be lower than in 2025. He stated that the strengthening of the Ringgit is expected to stimulate foreign capital inflows, and with reduced uncertainty, earnings for the Kuala Lumpur Composite Index are expected to grow by about 10% on a low base. He believes that government stimulus measures before the next general election, including cash handouts and increased public sector development spending, may provide further catalysts. He added that the underperformance of the Malaysian stock market compared to regional peers also makes its valuation more attractive. AHAM Capital expects the KLCI to reach 1,800 points by the end of 2026. The KLCI rose by 0.5%, closing at 1,755.73 points.