Bursa Malaysia KLCI Index Soars to Three-Year Peak, What's Next?

Among these constituent stocks, the top 10 performers have seen gains of over 19% this year, with Sunway leading the way with a 100% increase, followed closely by YTL Group with a gain of over 90%. In terms of sector performance, the construction sector is leading the way.

ColumnJul 18 05:08 ET

Malaysia Stocks Surge As AI Building Boom Fuels Longest Rally In 13 Years

Malaysian equities are on a tear led by builders and suppliers on the back of an AI-driven data centre boom, putting a long-overlooked market back on the radar of global investors. Malaysia's benchmark KLCI is hovering near three-and-a-half-year highs and up five quarters in a row, its longest streak in 13 years.

Business TodayJul 18 04:24 ET

Malaysia Targets 5% Approved Investment Growth This Year

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said Malaysia is aiming for a 5% growth in approved investments in 2024.

Business TodayJul 18 04:17 ET

Malaysia's AI Investments Ranks 44th While Singapore Leads ASEAN Countries At 3rd, Liew Tells Parliament

The Government is always proactive in attracting high-quality investments, including investments in Artificial Intelligence (AI) to enhance technological capacity development, thereby contributing towards establishing the country as a digital investment hub.

Business TodayJul 17 03:57 ET

Malaysia's Benchmark KLCI Likely to Test 1730 by End-2024

Malaysia's benchmark Kuala Lumpur Composite Index is likely to hit 1730 by end-2024, up from 1660 previously expected, supported by a P/E ratio of 16.5 times and projected earnings growth of 16%, says Kenny Yee, Rakuten Trade's head of research.

WSJJul 16 22:59 ET

Malaysia Closing Bell on 16 July | MRDIY Was the Top Gainer of FBM KLCI

MRDIY was the top gainer, rising 5.61 percent to close at RM 2.070. The top loser was SIME, losing 3.25 percent to end at RM 2.680.

Moomoo NewsJul 16 05:33 ET