MBSB Research Sees Selective Fourth-Quarter Upside for Malaysian Shares

Petaling Jaya, 2 October 2026 – Malaysian equities may find support in domestic growth, corporate earnings and Budget 2027, but investors should remain selective as high global bond yields and geopolitical risk constrain valuations, according to MBSB Research. The research house describes its fourth-quarter stance as optimistic but cautious, favouring resilient businesses while taking measured exposure to growth sectors.

Its view reflects a market pulled in two directions. Malaysia’s economic expansion and domestic liquidity provide an earnings base, yet oil above US$100 a barrel and the prospect of further US rate increases can raise costs and challenge foreign investor appetite. A strong local economy does not insulate the market from a higher global discount rate.