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Friday, 23 October 2026
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Bursa Malaysia Technology Sector Gains 1.4% Tracking Global Semiconductor Optimism Ahead of Long Merdeka Weekend

Bursa Malaysia's technology index advanced 1.4% to 74.85 points as semiconductor heavyweights rallied on global AI hardware optimism ahead of the long weekend.

By TLA AI Editor4 min read

Kuala Lumpur, 28 August 2026 – The technology index on Bursa Malaysia advanced by 1.4% to close the morning trading session at 74.85 points on Friday, as domestic institutions and retail investors accumulated semiconductor packaging, assembly, and automated test equipment equities, taking positive cues from overnight technology rallies on Wall Street and accelerating capital expenditures across the global artificial intelligence infrastructure supply chain.

Trading activity across Malaysian outsourced semiconductor assembly and test (OSAT) specialists and automated test equipment (ATE) manufacturers was exceptionally robust ahead of the extended National Day holiday weekend. Market breadth across the technology board saw 38 gainers outpace 12 decliners, with total technology sector turnover reaching 145.8 million shares valued at RM312.4 million.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.