iShares MSCI Malaysia ETF

EWM

Market cap $311M

The iShares MSCI Malaysia ETF offers targeted exposure to Malaysia's equity market, with a concentrated 54% weighting in Financials and 21% in Industrials. EWM stands to benefit from Malaysia's data center boom, semiconductor sector ambitions, and the Visit Malaysia 2026 tourism initiative, all driving potential re-rating catalysts. Trading at a 14.4x P/E, EWM is attractively valued versus broader emerging markets, providing a margin of safety amid positive structural trends.

Asian currencies consolidated against the dollar before first decision by a FOMC led by Chairman Kevin Warsh later.

Malaysia is seeking new sources of fuel amid a ​global crunch caused by the war in ‌Iran, though any supplies would need to be able to be processed by the country's ​refineries, the Economy Minister said ​on Wednesday.

The retail surge is driven by rapid digitalization, a young demographic and increasing disposable income. Young investors are embracing both traditional and alternative assets.

Malaysia ​is tapping its offshore gas reserves to meet record power demand driven by a searing heatwave and ‌data centres, even as countries across Asia burn more coal to make up for liquefied natural gas (LNG) shortages due to the U.S.-Israeli war on Iran.

The central bank noted uncertainties arising from the ongoing Middle East conflict, saying the economic impact will depend on how the situation develops.

CNBC's Dan Murphy delves into the Middle East's investment flows and provide insights on the global energy hub and the vast amounts of capital originating from the region on Access Middle East (12:00 – 13:00 SIN/HK). Please note this livestream is only available in Europe and India.

A tentative U.S/–Iran ceasefire has reignited risk appetite across emerging markets, driving more than $1.1 billion into U.S.-listed EM ETFs and snapping a four-week streak of heavy outflows, reported Bloomberg.

ASEAN's dividend opportunity is underpinned by diverse and evolving market characteristics. The FTSE ASEAN Index, which captures the large- and mid-cap companies listed in the five ASEAN markets - Singapore, Malaysia, Indonesia, Thailand and Philippines - has delivered a 10-year average dividend yield of 3.57%. Across multiple market cycles over the past 25 years, a back-test of the FTSE ASEAN ex REITs Target Dividend Index's strategy showed notable resilience during market downturns and lower overall volatility compared with the broader ASEAN market.

The iShares MSCI Malaysia ETF (EWM) remains a solid long-term exposure to Malaysia, but is downgraded to Hold after a strong rally. Malaysia's economy is resilient, with upgraded 2025 growth projections and contained inflation, supporting a positive outlook versus regional peers. EWM trades at a discount to larger emerging markets, offering value, but faces Q4 headwinds and heavy financials exposure.