Mercury Securities sees trading growth ahead


PETALING JAYA: Mercury Securities Group Bhd expects the services and manufacturing sectors to remain key drivers of growth in 2026, complemented by sustained activity in the construction and agriculture sectors.

In a filing with Bursa Malaysia, the stockbroking and corporate finance advisory firm said strong investment performance will be supported by higher capital expenditures, particularly in high-impact strategic sectors.

For its fourth quarter ended Oct 31, 2025, Mercury Securities’ net profit rose to RM3.86mil from RM3.52mil in the previous corresponding period, mainly due to higher revenue.

Revenue during the quarter grew to RM10.18mil from RM8.82mil a year earlier.

For its financial year ended Oct 31, 2025, Mercury Securities’ net profit rose to RM14.62mil from RM14.04mil previously, while revenue increased to RM36.2mil from RM32.57mil.

The company said the higher revenue growth primarily stemmed from the stockbroking segment, mainly from margin income, placement fees and underwriting fees.

For 2026, Mercury Securities noted that Malaysia’s economy is projected to expand between 4% and 4.5%, supported by resilient domestic demand and a steady external sector.

“Growth will be anchored by private consumption, boosted by the implementation of the salary adjustment under Phase 2 of the Public Service Remuneration System, the continuation of targeted assistance programmes and robust tourism activities in conjunction with Visit Malaysia 2026.”

It noted that the monetary policy in 2025 remained focused on supporting economic growth amid global uncertainties, while maintaining domestic price stability.

“In July 2025, the overnight policy rate was lowered from 3% to 2.75% as a pre-emptive measure to sustain steady growth, given moderate inflation prospects.

“Furthermore, the ringgit has demonstrated resilience against the US dollar, underpinned by sound macroeconomic fundamentals, ongoing measures to encourage capital flows and improved investor confidence.”

Amid uncertainties emanating from global trade tensions and geopolitical risks, Mercury Securities said it will remain vigilant in capitalising on opportunities while continuing to implement prudent cost management strategies.

“Barring any unforeseen circumstances, the board is cautiously optimistic that trading conditions and corporate activities will be positive on the group’s performance in the coming financial year.”

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