Malaysia Stocks Rise to Over 7-Year High
2026-01-26 03:05
By
Chusnul Chotimah
1 min. read
The FBM KLCI climbed 12 points, or 0.7%, to 1,732 in early deals on Monday, extending gains for a fourth straight session and hitting its highest level since mid-October 2018, as a stronger ringgit and solid domestic data continued to lift sentiment.
Flash data showed Malaysia’s GDP grew 5.7% yoy in Q4 2025, accelerating from a 5.2% expansion in Q3 and marking the strongest growth since Q2 2024.
Meanwhile, the central bank held its key rate at 2.75% last week, with headline inflation expected to remain moderate in 2026.
However, traders are awaiting the Fed’s monetary policy decision and the release of China’s PMI later this week.
The financial services continued to drive the index, with notable gains in Hong Leong Financial Group (1.9%), CIMB Group Holdings (1.3%), Hong Leong Bank (1.3%), and Maybank (0.9%).
Other sectors also posted gains, including construction, with IJM Corporation rising 2.7% after news that the EPF increased its stake in the construction firm to over 20%.