Bursa ends lower, selected sectors gain after 6% Q2 GDP growth
Investors are shifting focus from headline GDP growth to the sustainability of growth in H2 2026 and its impact on corporate earnings, says analyst.
Bursa Malaysia closed lower on Friday, despite a stronger-than-expected 6% GDP growth in Q2 2026, highlighting the market's forward-looking nature. Utilities, healthcare, and financial services sectors experienced increased buying interest following the release of Malaysia's Q2 GDP data. The FTSE Bursa Malaysia KLCI closed 7.32 points lower at 1,727.39, compared to Thursday's close of 1,734.71.
Sedek Jantan, IPPFA Sdn Bhd's director of investment strategy and country economist, stated that much of the positive growth narrative had likely been priced in, and that investors were shifting their focus towards the sustainability of the second half of 2026 growth and its conversion into corporate earnings.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
