In today’s episode, we unpack the tug-of-war between bullish long-term optimism and short-term caution in the Malaysian market — from UOB Kay Hian’s Buy call to foreign outflows, corporate plays in green energy, and political shifts abroad.
Market & Corporate Headlines
📈 UOB Kay Hian Turns Bullish on Bursa
* Upgraded to “Buy” with a RM9.80 target price
* View: US rate cuts will bring capital back to emerging markets like Malaysia
⚠️ PNB’s Stark Warning
* CEO Abdul Rahman calls for transformation or face “another lost decade”
* Points to KLCI’s poor shareholder returns over the past 10 years
🔋 Solarvest Raises RM254M for Expansion
* Private placement funds earmarked for 3 major solar projects
* Locations: Perak, Sarawak, Kuala Langat
🌊 Vantris Energy (ex-Sapura) Secures Saudi Aramco Deal
* 7-year diving support contract, starts May 2027
* Diversifies revenue outside Malaysia and stabilizes cash flow
📦 PPB Group Minimizes Indonesia Risk
* Clarified that Wilmar’s sugar issue has no material impact
* US$2.5M deposit flagged by regulators, but financials unaffected
Fund Flows & Market Sentiment
📉 Foreign Outflows Continue
* RM962.8 million net selling last week
* Sectors hardest hit: Financials, Healthcare, Utilities
Policy, Trade & Regional Diplomacy
🇲🇾🇺🇸 Trump’s Visit to Asean Summit Confirmed
* Scheduled for Oct 26–28 in Malaysia
* PM Anwar: Focus on trade, investment, Gaza, regional diplomacy
Global Headlines & Commodities
🇯🇵 Japan Elects First Female PM
* Sanae Takaichi ushers in a hard-right shift
* Economic outlook: Return to Abe-style stimulus
* Market response: Positive on “Takaichi trade,” but long-term debt concerns loom
🥇 Gold Tumbles 6.3% – Biggest Drop in 12 Years
* Causes: Easing US-China tensions + stronger USD
* Suggests: Risk appetite rebounding — temporary retreat from safe havens
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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