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News 2026-10-12 02:14 UTC

Malaysian Shares Rise Further After 2027 Budget Release

Bursa Malaysia’s KLCI rose 0.4% to 1,614 in Monday morning trade, extending last week’s momentum after the government unveiled its 2027 budget. Kuala Lumpur plans MYR 460 billion in spending, broadening welfare aid and tax relief while retaining fuel subsidies to ease household pressures. Officials project slower growt