Malaysian Blue-Chip Index Ends in Red Despite Upbeat Q2 GDP Data; TSR Capital Shares Gain 5%
Malaysian shares end week in red despite a higher-than-expected GDP data in the second quarter. Investors could not find positive cues amid a mixed regional performance.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 7.32 points to end 0.4% lower at 1,727.39.In economic news, Malaysia's economy expanded 6% year-over-year in the second quarter of 2026, according to final data released by the Department of Statistics Malaysia. The headline reading came in above the consensus market forecast of 5.8% tracked by Investing.com, compared with the 5.4% year-over-year growth recorded in the first quarter.Malaysia recorded a current account surplus of 10.8 billion ringgit in the second quarter, down from 15.2 billion ringgit in the preceding quarter due to a higher deficit in primary income and a weakening in the services account, the statistics department said.In corporate news, shares of TSR Capital (KLSE:TSRCAP) gained about 5% on close after its unit TSR Bina secured a 16.9 million Malaysian ringgit letter of award from MIE Industrial for site clearing and earthworks in Negeri Sembilan, Malaysia.Shares of Celcomdigi (KLSE:CDB) slid about 2% on Friday's close after it posted a decline in attributable profit for the second quarter ended June 30 to 398 million ringgit from 439 million ringgit a year prior.
