The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Malaysia’s construction stocks soar as sector rides data centre boom, trounce FBMKLCI

While private technology investments are driving near-term gains, country’s public infrastructure spending is expected to provide a longer-term anchor

Summarise
google-preferred-sourceAdd BT as a preferred source
Tan Ai Leng

Tan Ai Leng

Published Thu, Sep 18, 2025 · 12:00 PM
    • Analysts note, however, that policy changes, such as a foreign worker levy slated for 2026, may have an impact on companies' earnings.
    • Analysts note, however, that policy changes, such as a foreign worker levy slated for 2026, may have an impact on companies' earnings. PHOTO: EPA

    [KUALA LUMPUR] Malaysia’s construction stocks are on a tear this year, lifted by a wave of data sector investments and a growing pipeline of public infrastructure projects.

    The Bursa Malaysia Construction Index has climbed 7.3 per cent in the year to date, reaching 331.48 points as at Wednesday (Sep 17), outperforming the broader market by a significant margin.

    Heavyweights in the sector have racked up gains ranging from a modest 4.1 per cent to a sizzling 36.5 per cent.

    Bursa MalaysiaAsean BusinessAseanAsia-Pacific

    TRENDING NOW

    Traffic through the strait has been resuming but with interruptions, and there is still little clarity over a permanent solution for passages through the chokepoint.

    Qatari LNG ship struck in Strait of Hormuz, testing US talks

    This comes after a Citi note on Tuesday that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS shares rise 1.9% to hit all-time intraday high as sentiment improves

    Aster deputy CEO Andre Khor, citing the age of the “polycrisis”, says: “It’s very important to be agile, to be focused on execution… We don’t know all the answers but we keep going forward.”

    ‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis

    Singapore ranks as the world’s most expensive city for cars and placed third globally for residential property.

    Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More