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Malaysian stock market regains momentum in 2024, driven by real estate, technology and Sarawak sectors
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Malaysian stock market regains momentum in 2024, driven by real estate, technology and Sarawak sectors

The FBM KLCI has shown resilience this year, driven by signals of economic recovery and optimism regarding Chinese growth, the stability of the United States (barring unfavorable election results) and the rebound of the technology sector.

(KUALA LUMPUR) Bursa Malaysia stocks focused on real estate, technology and Sarawak are outperforming the broader market this year. They are fueled by government initiatives, booming data center projects and increasing foreign investment.

Analysts also attribute the recovery to increased business activity, fueled by key growth regions such as the Johor-Singapore Special Economic Zone (JS-SEZ) and Sarawak, which are boosting investor confidence and generating sustained sectoral performance.