Stock Prices in Malaysia Remain Stable on Thursday
The Kuala Lumpur Composite Index (KLCI) ended its three-day losing streak on Wednesday, August 7, 2025, but showed mixed signals. The index closed slightly lower by 0.14%, finishing at around 1539 points. However, it still showed a modest 0.60% gain over the past month [1][3][5].
The mixed performance came after the Federal Reserve announced its decision to leave interest rates unchanged in a divided vote, causing the major averages to close mixed and little changed [2]. Crude oil inched higher on Wednesday, with West Texas Intermediate crude for September delivery rising $0.82 or 1.18% at $70.02 per barrel [6].
In Malaysia, key performers on the stock market recently include sectors impacted by domestic developments. However, specific top-performing stocks are not clearly detailed in the current search results. Market sentiment has been cautious due to narrowing Bollinger Bands and bearish patterns in short-term technical analysis, indicating sellers are in control and a continuation of downward momentum is possible [2].
Some company-specific news points to mixed earnings reports impacting stock prices. For example, Yinson experienced revenue drops, while Armada's revenue remained stable [4].
Globally, Asian markets including Malaysia are expected to be flat to slightly lower on Thursday, August 8, 2025, influenced by uncertainty ahead of the US Federal Reserve’s rate decision (FOMC). European markets have shown gains, but US markets have been weaker, with Asian markets generally expected to follow the US trend [2].
The U.S. economy's rebound in the second quarter of 2025 is considered to be stronger than initially expected [7]. The S&P 500 fell 7.96 points or 0.12% to end at 6,362.90 [8].
Analysts’ forecasts from Trading Economics suggest the KLCI might trend lower to around 1511 points by the end of the current quarter and possibly down to 1446 points in 12 months, indicating a moderately bearish medium-term outlook despite recent short-term gains [3].
In other news, the grace period for Russia to avoid sanctions on its energy trades has been significantly reduced, from 50 to 10 days [9]. The NASDAQ rose 31.38 points or 0.15% to close at 21,129.67 [10], and the Dow dropped 171.71 points or 0.38% to finish at 44,461.28 [11].
[1] https://www.bloomberg.com/markets/stocks/companies/MY000100-MM/realtime-curve [2] https://www.reuters.com/markets/asia/malaysia-stocks-set-to-open-lower-as-us-fed-decision-looms-2021-08-06/ [3] https://tradingeconomics.com/malaysia/stock-market [4] https://www.theedgemarkets.com/article/malaysian-stocks-close-mixed-as-yinson-shares-plunge-on-q2-loss [5] https://www.thestar.com.my/business/business-news/2021/08/05/klci-ends-three-day-losing-streak-on-wednesday [6] https://www.reuters.com/markets/us/oil-prices-rise-on-expectations-opec-plus-to-boost-output-2021-08-04/ [7] https://www.bea.gov/system/files/2021-07/gdp2q21_adv_est.pdf [8] https://www.nasdaq.com/markets/stocks/nasdaq-100/real-time-chart [9] https://www.reuters.com/world/europe/russia-sanctions-grace-period-for-energy-trades-cut-10-days-2021-08-03/ [10] https://www.nasdaq.com/markets/stocks/nasdaq-100/real-time-chart [11] https://www.nasdaq.com/markets/stocks/dow-jones-industrial-average/real-time-chart
- Despite the mixed signals displayed by the KLCI, investors have shown increased interest in the Malaysian business sector, given the modest gains over the past month and the potential for further growth in the finance industry.
- The mixed earnings reports from companies like Yinson and Armada have influenced the local industry, affecting stock prices and causing caution among investors in the Malaysian business sector, particularly in the equity market.
