Research houses predict a strong 2025 for the ringgit and Bursa Malaysia. Kenanga Investment Bank (Kenanga IB) expects the ringgit to end at RM4.45 against the US dollar and the FBM KLCI at 1,840 points. Public Investment Bank (PIVB) forecasts the ringgit to average RM4.45-4.55 and the FBM KLCI at 1,700 points. Both banks highlight the US Federal Reserve's cautious stance on rate cuts as a contributing factor.
Public Investment Bank expects the ringgit to average around RM4.45-4.55 in 2025 as the US Federal Reserve remains cautious on further rate cuts. – Bernama filepic
“The first quarter will contain the element of wait-and-see, as a cautious Asean stock market recently reflects the uncertainty on how tariff threats will play out, compounded with higher United States policy rate expectations. It forecast the consumer sector to enjoy the minimum wage tailwind that dovetails with tourism growth.
Kenanga IB said petrochemicals and metals could be more volatile but could profit from demand growth such as China’s stimulus.Meanwhile, Public Investment Bank expects the ringgit to average around RM4.45-4.55 in 2025 as the US Federal Reserve remains cautious on further rate cuts, and the FBM KLCI to end at 1,700 points.
It noted that given a high budget deficit of over 6% of the nation’s GDP, the US Department of Government Efficiency is aiming to cut US$2 trillion in government spending, but this may lead to the unfavourable effect of job loss in the public sector.
Ringgit Bursa Malaysia US Federal Reserve Kenanga Investment Bank Public Investment Bank
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia to Set Electricity Tariffs for 2025-2027 Period Mid-2025Tenaga Nasional Bhd (TNB) announced that the Malaysian government will determine electricity tariff rates and the tariff structure for the regulatory period 2025-2027 (RP4) by mid-2025. The base tariff rate is expected to increase by 14 percent, reaching 45.62 sen per kilowatt hour, driven by rising coal and LNG prices. However, the government aims to protect consumers, with rates for approximately 85 percent of households likely remaining unchanged.
Read more »
Muhibah Aset Berhad to List on Bursa Malaysia by 2025Muhibah Aset Berhad, a public company, plans to list on Bursa Malaysia before October 2025.
Read more »
Malaysia's Chen Tang Jie and Toh Ee Wei Poised for Success at 2025 Malaysia OpenFormer Olympic silver medalist Goh Liu Ying believes that Malaysia's mixed doubles pair Chen Tang Jie and Toh Ee Wei have a strong chance of achieving significant success at the 2025 Malaysia Open. Liu Ying cites their impressive performance in reaching the final of the recent World Tour Finals as evidence of their potential. She anticipates that their absence of several top pairings in the tournament will bolster their chances of advancing to the semi-finals or even the final. However, Liu Ying acknowledges that the added pressure of competing on home soil and facing strong challengers will make their path to victory challenging.
Read more »
CPOPC: Palm oil prices could range between RM4,000 and RM5,000 per tonne in 2025JAKARTA: The Council of Palm Oil Producing Countries (CPOPC) forecasts palm oil prices could range between RM4,000 and RM5,000 per tonne in 2025, driv...
Read more »
Ringgit Expected to Hold Steady at RM4.50 Against US Dollar in Early 2025Analysts predict the Malaysian ringgit will remain within the range of RM4.50 against the US dollar in the new week of 2025. The local currency opened at 4.4570/4630 against the US dollar yesterday. Economists cite external macroeconomic factors, such as the Federal Reserve's interest rate trajectory and the economic direction of the US under President Donald Trump, as key influences on market sentiment.
Read more »
Bursa Malaysia keluar kertas perundingan maklum balas cadangan pindaan PeraturanBursa Malaysia mengeluarkan kertas perundingan maklum balas awam mengenai cadangan pindaan kepada Peraturan Bursa Malaysia Depository.
Read more »