1,631.75FBM KLCI · Mon 5 Oct close · +0.05% (+0.88 points)

DailyDrop.

RM4.085USD/MYR · Mon 5 Oct, Bank Negara 5pm rate · a touch weaker than Friday’s 4.081
FBM KLCI1,631.75▲0.05%10/5USD/MYR4.09▲0.10%10/5S&P 5007,773.95▲0.66%10/5WTI$89.43▼1.84%10/5Gold$4,156.80▼0.13%10/5
Politics · ParliamentPress ✓ 2 outlets · agenda per The Vibes and Bernama

Dewan Rakyat resumes for a 37-day meeting, with Tabung Haji, food security and MA63 on the agenda

Two bills are down for first reading this week, three committee reports are due, and Budget 2027 follows on Friday.

The Dewan Rakyat resumed on Monday 5 October for a meeting scheduled to run for 37 days until 8 December, The Vibes reported, and Bernama’s preview the day before said the Budget would be tabled on Friday. The Vibes listed the Tabung Haji report, food security and the Malaysia Agreement 1963, known as MA63, as the main themes. Two bills are set for first reading: the Sports Development (Amendment) Bill 2026 and the Food (Amendment) Bill 2026.

Three committee reports are also due, covering refugee management and court bail payments under the e-Jamin system. In Question Time, Zaliha Mustafa was due to raise the ageing policy with the Economy Minister, and Ku Abd Rahman Ku Ismail to question the Digital Minister on AI development and regulation. DailyDrop has not seen the written answers, so it does not report them. The Vibes did not mention any motion of no confidence.

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By the numbers
37 dayslength of the meeting, to 8 December (The Vibes)
2bills slated for first reading: sports and food
Fri 9 OctBudget 2027 to be tabled by the Prime Minister (Bernama)
Markets · AsiaPress ✓ 5 outlets · ringgit open per Bernama, The Star, Malay Mail

Soft US jobs data lifts Asian stocks and the ringgit on Monday as Fed rate-rise bets fade

Most Asian markets rallied on Monday after US payrolls rose by only 29,000 in September, according to Qatar Tribune and Kuwait Times. CME’s FedWatch tool put the chance of a Federal Reserve rate rise this month at just over 20%, from more than 65% early last week, the reports said. Wall Street had risen on Friday after the data, and the S&P 500 added a further 0.66% on Monday to close at 7,773.95.

In Kuala Lumpur, the ringgit opened higher at 4.0805 to the dollar from Friday’s close of 4.0820, as the weaker greenback helped, The Star, Malay Mail and Bernama reported. It was mixed against regional currencies and unchanged against the Philippine peso. The FBM KLCI ended 0.88 point higher at 1,631.75, per Bernama. Bank Negara Malaysia’s 5pm table showed 4.085 buying, a shade weaker than Friday’s 4.081, so the ringgit gave back its opening gain.

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Word of the day
Rate-rise betsMarkets

Traders’ estimate, shown by tools such as CME FedWatch, of how likely the US central bank is to raise rates at its next meeting.


Economy · BudgetPress ✓ 3 outlets · themes per Bernama; contents not yet known

Budget 2027 preview: cost of living, incomes and growth are the themes to watch on Friday

Bernama’s preview said attention on Friday would fall on measures to tackle the cost of living, raise incomes, stimulate growth and strengthen economic resilience. The Vibes expected the Budget to dominate the sitting, and Malay Mail’s 4 October report said October was getting busier, with the Budget on Friday. The tabling is the fifth by Prime Minister and Finance Minister Anwar Ibrahim.

In August Anwar said he would make announcements on 31 August, on 16 September and during the Budget tabling, according to Malay Mail. That means some measures may already be known by Friday, and others will be new. DailyDrop has not seen any official preview of tax changes, subsidy changes or cash aid, and treats circulating lists as unverified until the speech.

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Sport · FootballPress ✓ 5 outlets · score and scorer per Malay Mail and Bernama

Harimau Malaya beat Vietnam 1-0 to finish third in the FIFA ASEAN Cup, their first win over Vietnam in 12 years

Substitute Fergus Tierney scored in the 62nd minute as Malaysia beat Vietnam 1-0 in the third-place playoff of the FIFA ASEAN Cup at Gelora Bung Karno Stadium in Jakarta on Monday 5 October, according to Malay Mail, Bernama, Malaysiakini and Vietnam News. Bernama said it was Malaysia’s first win over Vietnam since the 2014 AFF Cup semi-finals, and that the team finished the tournament without conceding a goal. Interim coach Tan Cheng Hoe was in charge.

Malaysia had finished level with hosts Indonesia on points and goal difference in Group A but missed the final on goals scored, Bernama reported. Indonesia went on to win the final on penalties against Thailand, after a 2-2 draw, according to Bernama’s regional roundup, which is the only source DailyDrop has for that result. Prime Minister Anwar Ibrahim congratulated the squad but said there would be no special holiday, The Star reported.

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Markets · MalaysiaPress ✓ 2 outlets · KLCI per Bernama; ringgit per Bank Negara rate

KLCI closes 0.88 point higher at 1,631.75; WTI falls 1.84% in New York

The FBM KLCI added 0.88 point, or 0.05%, to close at 1,631.75 on Monday from 1,630.87 on Friday, Bernama reported, and the KLCI futures also closed higher. DailyDrop found this close in one outlet only. Bank Negara Malaysia’s 5pm rate for the dollar was 4.085 buying and 4.090 selling, per Business Today.

After Bursa Malaysia closed, WTI settled at US$89.43, down 1.84%, gold at US$4,156.8, down 0.13%, and the S&P 500 at 7,773.95, up 0.66%. DailyDrop did not find an explanation for the fall in oil from two outlets, so it does not give one. Brent and the Strait of Hormuz story are unchanged from yesterday.

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By the numbers
1,631.75FBM KLCI close, +0.05% (Bernama)
US$89.43WTI settle, −1.84% (market data)
4,156.8gold, −0.13% (market data)
In brief
  • KLCI +0.88 point to 1,631.75Bernama
  • Ringgit opened at 4.0805 vs 4.0820 Friday; Bank Negara 5pm rate 4.085Bernama, Business Today
  • WTI US$89.43 (−1.84%), gold US$4,156.8 (−0.13%), S&P 500 7,773.95 (+0.66%) at Monday’s US closemarket data
  • Dewan Rakyat resumes; sitting runs to 8 DecemberThe Vibes
  • Fed rate-rise odds fall to about 20% from above 65%Qatar Tribune, Kuwait Times
  • Malaysia beat Vietnam 1-0 for third place in the FIFA ASEAN CupMalay Mail, Bernama
  • Budget 2027 to be tabled Friday 9 OctoberBernama, Malay Mail
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INSIDEDewan Rakyat resumes for a 37-day meeting, with Tabung Haji, food security and MA63 on the agendaPolitics · ParliamentSoft US jobs data lifts Asian stocks and the ringgit on Monday as Fed rate-rise bets fadeMarkets · AsiaBudget 2027 preview: cost of living, incomes and growth are the themes to watch on FridayEconomy · BudgetHarimau Malaya beat Vietnam 1-0 to finish third in the FIFA ASEAN Cup, their first win over Vietnam in 12 yearsSport · FootballKLCI closes 0.88 point higher at 1,631.75; WTI falls 1.84% in New YorkMarkets · Malaysia