Analyst: Malaysian reforms expected to boost the stock market, KLCI index target for end-2026 maintained at 1,772 points

Glonghui, February 10｜Malaysia International Commercial Bank Securities analysts Ivy Ng Lee Fang and Chun Sung Oong stated that policy implementation in Malaysia is expected to support the stock market this year. Education and labor reforms, artificial intelligence initiatives, energy transition efforts, and trade diversification demonstrate a robust growth model, which is expected to boost corporate earnings and attract foreign capital inflows. They pointed out that progress in fiscal reforms and the Malaysian central bank's confidence in economic growth and moderate inflation also highlight a constructive outlook. The bank maintains its end-2026 target for the Kuala Lumpur Composite Index (KLCI) at 1,772 points, with a preference for the banking, consumer, utilities, and real estate sectors.