Malaysia's Market Likely to Stay Range-Bound, CIMB Securities Says -- Market Talk

Dow Jones

Apr 04

0119 GMT - Malaysia's equity market may stay range-bound as investors digest the higher-than-expected 24% U.S. tariff, CIMB Securities analysts Ivy Ng Lee Fang and Lim Yue Jia say in a note. Export-driven sectors could come under pressure, though Malaysian glove makers may gain market share from Chinese competitors facing steeper tariffs. The impact on export-driven earnings could become more pronounced in coming months, due to higher tariffs and absence of festive demand, they add. In near term, they expect domestic-oriented companies with stable dividend yields, such as banks, telecom, utilities to provide shelter from tariff-related headwinds. Despite uncertainties, CIMB maintains its end-2025 KLCI target at 1657, with Public Bank, CelcomDigi, Tenaga Nasional, and IHH Healthcare among its top picks. The KLCI at 1511.07. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

April 03, 2025 21:19 ET (01:19 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2524946241"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2524946241\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2524946241?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-04 09:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524946241","market":"fut","top_or_hot":-1,"title":"Malaysia's Market Likely to Stay Range-Bound, CIMB Securities Says -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0119 GMT - Malaysia's equity market may stay range-bound as investors digest the higher-than-expected 24% U.S. tariff, CIMB Securities analysts Ivy Ng Lee Fang and Lim Yue Jia say in a note. Export-driven sectors could come under pressure, though Malaysian glove makers may gain market share from Chinese competitors facing steeper tariffs. The impact on export-driven earnings could become more pronounced in coming months, due to higher tariffs and absence of festive demand, they add. In near term, they expect domestic-oriented companies with stable dividend yields, such as banks, telecom, utilities to provide shelter from tariff-related headwinds. Despite uncertainties, CIMB maintains its end-2025 KLCI target at 1657, with Public Bank, CelcomDigi, Tenaga Nasional, and IHH Healthcare among its top picks. The KLCI at 1511.07. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 21:19 ET (01:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Malaysia's Market Likely to Stay Range-Bound, CIMB Securities Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMalaysia's Market Likely to Stay Range-Bound, CIMB Securities Says -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-04 09:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0119 GMT - Malaysia's equity market may stay range-bound as investors digest the higher-than-expected 24% U.S. tariff, CIMB Securities analysts Ivy Ng Lee Fang and Lim Yue Jia say in a note. Export-driven sectors could come under pressure, though Malaysian glove makers may gain market share from Chinese competitors facing steeper tariffs. The impact on export-driven earnings could become more pronounced in coming months, due to higher tariffs and absence of festive demand, they add. In near term, they expect domestic-oriented companies with stable dividend yields, such as banks, telecom, utilities to provide shelter from tariff-related headwinds. Despite uncertainties, CIMB maintains its end-2025 KLCI target at 1657, with Public Bank, CelcomDigi, Tenaga Nasional, and IHH Healthcare among its top picks. The KLCI at 1511.07. (yingxian.wong@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 21:19 ET (01:19 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6092","symbol_name":"保健护理机构","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524946241","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524946241","pubTimestamp":1743729540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0119 GMT - Malaysia's equity market may stay range-bound as investors digest the higher-than-expected 24% U.S. tariff, CIMB Securities analysts Ivy Ng Lee Fang and Lim Yue Jia say in a note. Export-driven sectors could come under pressure, though Malaysian glove makers may gain market share from Chinese competitors facing steeper tariffs. The impact on export-driven earnings could become more pronounced in coming months, due to higher tariffs and absence of festive demand, they add. In near term, they expect domestic-oriented companies with stable dividend yields, such as banks, telecom, utilities to provide shelter from tariff-related headwinds. Despite uncertainties, CIMB maintains its end-2025 KLCI target at 1657, with Public Bank, CelcomDigi, Tenaga Nasional, and IHH Healthcare among its top picks. The KLCI at 1511.07. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6092":"保健护理机构","Q0F.SI":"IHH医疗保健集团","BK6511":"医疗保健服务概念"},"translate_title":"联昌国际证券表示，马来西亚市场可能会保持区间波动——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"Q0F.SI":0.9},"content_text":"0119 GMT - Malaysia's equity market may stay range-bound as investors digest the higher-than-expected 24% U.S. tariff, CIMB Securities analysts Ivy Ng Lee Fang and Lim Yue Jia say in a note. Export-driven sectors could come under pressure, though Malaysian glove makers may gain market share from Chinese competitors facing steeper tariffs. The impact on export-driven earnings could become more pronounced in coming months, due to higher tariffs and absence of festive demand, they add. In near term, they expect domestic-oriented companies with stable dividend yields, such as banks, telecom, utilities to provide shelter from tariff-related headwinds. Despite uncertainties, CIMB maintains its end-2025 KLCI target at 1657, with Public Bank, CelcomDigi, Tenaga Nasional, and IHH Healthcare among its top picks. The KLCI at 1511.07. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 03, 2025 21:19 ET (01:19 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}