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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

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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

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