Kuala Lumpur, 1 October 2025 – As October kicks off, Bursa Malaysia heads into the session with caution, balancing internal commodity signals and external equity trends. While global markets showed signs of resilience overnight, local drivers, especially in the palm oil and tech sectors—are expected to steer early sentiment.
In particular, Malaysia’s palm oil sector is under watch. Analysts expect inventories to decline toward 1.7 million metric tons by year’s end, amid seasonal output cooling and rising export demand for festive consumption. However, persistent overhang from elevated stock levels earlier in the quarter continues to exert pressure. Crude palm oil prices recently slipped to MYR 4,351/ton, down roughly 0.75%, reflecting fading momentum.
Overnight in the U.S., markets broadly held firm. Sentiment was bolstered by strength in growth names and the absence of surprise hawkish commentary from Federal Reserve officials. Against this, Asia-wide markets were largely stable, though China and export-driven economies remain closely tied to global demand dynamics.
What to Watch in Today’s Trading
Support is likely to form around 1,590 to 1,600 on the FBM KLCI, while upside resistance may appear near 1,610 to 1,620, assuming global cues remain benign. Volume and foreign portfolio flows will be critical in validating any directional breakout.
Among counters, financial names such as Maybank, Public Bank, CIMB, RHB, and Hong Leong Bank are expected to command attention, particularly if liquidity picks up. In the palm oil space, companies like IOI Corporation, Sime Darby Plantation, PPB Group, Ta Ann, and SDGUTRIE remain key plays, especially if inventory trends or export data surprise to the upside.
On the tech and export front, Inari Amertron, Unisem, MPI Corporation, and Globetronics might see volatility, as global chip demand and semiconductor supply chain signals influence sentiment. If tech rebound momentum emerges, these names could benefit; otherwise, they may act as laggards.
Mid-cap and momentum counters also remain in focus. Watch Tanco Holdings, VS Industry, Zetrix AI, NexG, and JAKS Resources—these tend to rally early in directional markets if there’s fresh news or sector rotation into higher-beta names.
Finally, construction and property stocks like Gamuda, Sime Darby Property, Sunway Construction, and IJM may attract interest if there are infrastructural policy or project announcements. They may provide upside surprise if state or development agency support flows through.
Given the balanced tone overnight and local commodity pressures, today’s session may lean toward consolidation with selective leadership among defensives, commodity, and tech names.
