BURSA Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product estimates, reinforcing the narrative of resilient domestic demand.
Earlier today, the Department of Statistics Malaysia said Malaysia’s economy is projected to grow by 5.3 per cent in the first quarter of 2026, based on advance estimates despite rising global uncertainties, particularly elevated oil prices driven by geopolitical tensions.
At 5 pm, the FBM KLCI rose 5.50 points, or 0.33 per cent, to 1,695.21 from Thursday’s close of 1,689.71.
The benchmark index opened 0.64 of-a-point lower at 1,689.07 and moved between 1,682.88 and 1,696.39 throughout the day.
The broader market was also positive, with gainers thumping losers 612 to 476, while 607 counters were unchanged, 1,037 untraded and 35 suspended.
Turnover decreased to 3.46 bil units worth RM3.08 bil from Thursday’s 3.77 bil units worth RM3.46 bil. —Apr 17, 2026
