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29 August 2025 – Bursa Malaysia Opens Steady, Utilities and Blue-Chips in Investor Focus

KUALA LUMPUR, Aug 29, 2025 – Bursa Malaysia opened on a steady footing this morning as the benchmark FBM KLCI hovered near 1,587 points, after starting the session at 1,589.26. Early trading saw cautious sentiment, with investors balancing external market cues and corporate earnings momentum.

At 9:15 a.m., market breadth was mixed, with gainers and losers moving almost evenly, while overall turnover remained moderate. Traders noted that the cautious start reflects regional uncertainties, though selective buying interest continued to support key blue-chip names.

Blue-Chips and Actively Traded Counters

Among heavyweights, Petronas Dagangan Bhd (PETDAG) was in focus following sustained investor interest in oil and gas counters, which are benefiting from steady global demand recovery. Maybank, a perennial institutional favourite, held firm as dividend-seeking investors kept positions in the banking giant.

Tenaga Nasional and YTL Power International also drew attention, with utilities seen as defensive havens. YTL Power’s expanding ventures into data centres and energy infrastructure kept the counter attractive for long-term investors.

On the actively traded list, Eco-Shop Marketing, SP Setia, and Bursa Malaysia Bhd saw brisk activity. Eco-Shop’s retail growth trajectory, SP Setia’s property pipeline, and Bursa’s own trading activity offered diverse plays across retail, property, and financial infrastructure.

Sector Themes and Growth Plays

In the growth segment, Genting Berhad continued to feature prominently on watchlists. The stock remains a proxy for Malaysia’s tourism and leisure recovery, with analysts expecting upside potential if travel momentum strengthens.

Technology counters such as Inari Amertron Bhd were also highlighted, with semiconductor demand and Malaysia’s role in the global supply chain underpinning medium-term optimism.

Market Outlook

Analysts said today’s steady start indicates a market awaiting catalysts but highlighted opportunities across defensive and cyclical names. “Investors are leaning on utilities, telcos and financials for resilience, while selectively eyeing growth stories in technology and tourism,” one dealer said.

Malaysia’s diversified economy, particularly its strong electrical and electronics export base, continues to provide a foundation for corporate earnings, though global market volatility remains a factor for near-term direction.

Author

  • Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.

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