October 9, 2025
Stock Market
Malaysia’s stock market eased at midday, with the FBM KLCI retreating slightly after early gains. Trading activity remained moderate, while analysts flagged limited upside for Bursa Malaysia shares following a strong month-long rally. Meanwhile, Critical Holdings Bhd made its debut on the Main Market, drawing investor attention.
Market Performance
At 12:30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 5.63 points to 1,624.40, compared with Wednesday’s close of 1,630.03.
Turnover improved modestly, but sectoral movements were mixed, mirroring cautious sentiment across regional markets.
Stocks in Focus
Bursa Malaysia Bhd
The exchange operator’s share price has posted strong gains over the past month. BIMB Securities recently downgraded the stock to “Hold”, citing limited short-term upside as valuations approach fair value.Critical Holdings Bhd (KL: CHB)
Shares of Critical Holdings began trading on the Main Market today (October 9), upgraded from the ACE Market. The company, involved in industrial products and services, is expected to attract investor attention following its reclassification.
Market Drivers
Valuation Headwinds: Bursa Malaysia’s stock has reached valuation levels where further upside may be constrained, leading to mild profit-taking among investors.
Market Breadth Weakness: Broader participation remained subdued; while select names saw buying support, overall momentum lacked depth.
Regional Influence: Renewed enthusiasm for AI and technology stocks across Asian markets lifted sentiment slightly, though global economic data and policy uncertainty continued to weigh.