Bursa Malaysia extends gains for third straight session as tech stocks lead rally
Bursa Malaysia’s benchmark index rose 4.5 points, or 0.26%, to 1,724.90 on Friday, extending gains for a third straight session as technology and semiconductor stocks led the advance.
Source: thestar.com.my · July 31, 2026 at 11:05 AM · AI-assisted report
Single-sourceMALAYSIA, 31 JULY 2026 —
Bursa Malaysia’s benchmark index rose 4.5 points, or 0.26%, to 1,724.90 on Friday, extending gains for a third straight session as technology and semiconductor stocks led the advance.
Market Impact
The FBM KLCI gained 1.4% for the week and 3.65% for the month, according to exchange data. Market breadth remained positive, with gainers outnumbering decliners 713 to 407. About 3.1 billion shares, worth RM3.57 billion, changed hands.
Technology stocks drove the gains. Malaysian Pacific Industries jumped RM3 to RM46. ViTrox added 70 sen to RM8.70, UMS Integration rose 51 sen to RM7.35, and Pentamaster climbed 29 sen to RM5.29. Frontken, KESM and UWC also posted gains.
Among the decliners, Hong Leong Industries slid 28 sen to RM17.72, Allianz lost 20 sen to RM21.00, British American Tobacco eased 19 sen to RM4.78, and Kuala Lumpur Kepong shed 18 sen to RM21.02.
Foreign funds were net buyers on Thursday, purchasing RM76 million worth of equities, while local institutions were net sellers of the same amount, exchange data showed.
The ringgit strengthened 0.12% against the US dollar to 4.0855 but weakened 0.44% versus the Singapore dollar at 3.1861. It also fell 0.31% against the euro to 4.7040 and 0.43% against the pound sterling at 5.4962.
Regionally, MSCI’s Asia ex-Japan index rose 7.35%, with Japan’s Nikkei 225 up 4.03% to 64,362.02, South Korea’s Kospi surging 17.9% to 6,595.45, and China’s CSI300 gaining 0.85% to 4,588.20. Hong Kong’s Hang Seng Index added 0.099% to 25,884.43, while Singapore’s Straits Times Index fell 0.63% to 5,637.60.
Related: Bursa Malaysia · Malaysia