As of late April 2025, Bursa Malaysia is exhibiting cautious optimism, supported by steady domestic growth, resilient corporate earnings, and favorable government policies. Analysts project the FBM KLCI to reach approximately 1,750 by year-end, driven by sustained foreign direct investment, a stronger ringgit, and robust domestic liquidity .  

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? Market Outlook: April–May 2025

The Malaysian stock market is poised for steady growth in 2025, underpinned by robust domestic consumption, strong export performance, and supportive government policies . Key sectors expected to benefit include banking, construction, and utilities .  

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? Top Stocks to Watch

Large-Cap Leaders
• CTOS Digital Bhd (KL:CTOS): Analysts project a 16.7% earnings growth in 2025, driven by the high growth potential of credit reporting solutions in the ASEAN market. A consensus target price of RM1.63 suggests a 35.4% upside from its current price . 
• Hong Leong Bank, YTL Power, Press Metal, Sime Darby Property, and Gamuda: These companies are among the top stock picks for 2025, with strong analyst recommendations and potential upside relative to consensus target prices . 

Mid-Cap and Growth Stocks
• UUE Holdings Bhd (KL:UUE): Listed on the ACE Market in July 2024, UUE is capitalizing on the growing demand for data center connectivity through its exclusive horizontal directional drilling services . 
• 99 Speed Mart: Following its successful IPO in September 2024, 99 Speed Mart plans to expand by opening approximately 250 new stores annually, aiming for a total of 3,000 stores by 2027. The company reported a 66.3% year-on-year increase in Q2 net profit, indicating strong growth prospects . 

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? Sector Highlights
• Technology & Data Centers: The demand for data center connectivity is driving growth in this sector, with companies like UUE Holdings Bhd poised to benefit . 
• Banking & Construction: These sectors are expected to be key catalytic sectors in 2025, supported by steady domestic growth and earnings resilience . 
• Healthcare: The Bursa Malaysia Healthcare Index climbed 26% in 2024, reaching its highest in three years, indicating strong performance in this sector . 

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⚠️ Risks and Considerations

While the outlook is positive, investors should remain cautious of potential risks, including elevated inflation, interest rates, and valuations. The rally in the broader Bursa Malaysia market has stalled in recent weeks, coinciding with net outflows in foreign funds . 

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✅ Summary

Bursa Malaysia is expected to experience steady growth in 2025, with opportunities across various sectors. Investors should consider both large-cap leaders and mid-cap growth stocks, while remaining mindful of potential market risks. 

If you would like a personalized watchlist based on specific sectors or investment themes, feel free to ask!