Bursa Malaysia advances on better-than-expected GDP


KUALA LUMPUR: Bursa Malaysia ended higher on Friday as Bank Negara revealed a better-than-expected result for Malaysia's economy in the second quarter.

Bank Negara announced at noon that the country's gross domestic product (GDP) expanded 8.9% in the second quarter, significantly higher than the median forecast of 6.7% growth by a Reuters poll of economists.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
KLCI , Bursa Malaysia , FBM KLCI , GDP

Next In Business News

AirAsia X fully secures RM1bil private placement at RM1.65 per share
iCents wins RM9.12mil industrial facility contract
Rimbunan Sawit disposes of land for RM28mil
Agibot opens Malaysia’s first AI and robotics experience centre
Selangor Dredging buys Petaling Jaya land for RM63mil
FBM KLCI hits multi-year high, banking stocks lead rally
China extends tariffs on solar-grade polysilicon imports from US, South Korea
Invictus Blue confirms exit of two senior leaders following organisational reset
Oil extends climb on Iran supply disruption concerns
Gold steadies below record US$4,600/oz as investors book profits

Others Also Read