Malaysia’s economy is expected to remain resilient in 2026, with strong domestic demand and investments driving growth , even as global uncertainties persist. Key Highlights BNM forecasts GDP growth at 4%–5% in 2026 Higher than Ministry of Finance’s 4.0%–4.5% projection 2025 GDP grew 5.2% , beating expectations Key takeaway: Malaysia’s growth remains solid, supported by internal drivers despite global risks. What’s Driving Malaysia’s Growth? 1. Strong Domestic Consumption Supported by steady income growth and labour market stability Civil servant salary adjustments to boost spending Private consumption remains the backbone of growth 2. Continued Investment Momentum Expansion driven by: E&E (electronics and semiconductors) ICT and digitalisation trends Ongoing infrastructure and approved projects Investment cycle remains positive, though moderating 3. Key Sectors Leading Growth Services sector (5.2% growth) Tourism (Visit Malaysia Year 2026) Financial services and I...
KUALA LUMPUR (April 26): The FBM KLCI rose 3.12 points or 0.2% as Asian shares tracked overnight US equity gains. US shares rose on positive corporate results there.
In Malaysia, the KLCI closed at 1,768.92 points at 5pm. Across Asia, Japan's Nikkei 225 rose 1.1% while Hong Kong’s Hang Seng gained 0.5%.
In the US, Reuters reported that the Dow Jones Industrial Average rose 232.23 points, or 1.12 percent, to 20,996.12, the S&P 500 gained 14.46 points, or 0.61 percent, to 2,388.61 and the Nasdaq Composite added 41.67 points, or 0.7 percent, to 6,025.49.
It was reported that the Nasdaq Composite hit a record high on Tuesday, while the Dow and S&P 500 brushed against recent peaks as strong earnings underscored the health of corporate America.
In Malaysia, Mercury Securities Sdn Bhd research head Edmund Tham told theedgemarkets.com that today’s equity gains factored in the strengthening ringgit and spill-over effects from the Nasdaq.
The ringgit strengthened to 4.3485 against the US dollar at 5.48pm. The exchange rate so far today was between 4.3472 and 4.3685.
The ringgit appreciated as the US dollar weakened on Emmanuel Macron's win against anti-euro nationalist Marine Le Pen during the first round of France's presidential elections. Macron's win has reduced economic and market uncertainty, hence, less haven demand for the US dollar.
Tham said : “Other factors to look out for this week include the progress on Trump’s tax reform, as well as central bank meetings in Japan and Europe."
Across Bursa Malaysia, there were 506 gainers against 410 decliners. A total of 3.55 billion shares worth RM3.13 billion were traded.
Hong Leong Financial Group Bhd was the top gainer after rising 32 sen to close at RM16.52.
Source: The Edge
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