Malaysia’s stock exchange Bursa Malaysia has revised upwards one of its 2026 headline Key Performance Indicators (KPIs), increasing its initial public offering (IPO) market capitalization target to MYR 34 billion ($8.32 billion) from MYR 28 billion.

The bourse said in a statement that the upgrade is to reflect the strong performance of the IPO market and a robust listing pipeline.

According to the bourse, fundraising activity in Malaysia remained robust, with 36 initial public offerings (IPOs) across the MAIN, ACE and LEAP Markets, collectively raising MYR 5.4 billion and contributing MYR 26.1 billion in market capitalization.

The IPO pipeline remains encouraging, supporting Bursa Malaysia’s role as a key fundraising platform for businesses across different stages of growth, it noted.

Meanwhile, the bourse delivered a resilient performance for the first half ended June 30, 2026, underpinned by strong market activity, healthy fundraising momentum and continued execution of the Exchange’s strategic priorities.

It reported a 15.24 percent rise to MYR 144.61 million in net profit, with revenue increased by 19.1 percent to MYR 425.04 million.

For the second quarter, the bourse’s net profit rose 25.79 percent year-on-year to MYR 71.78 million, while revenue grew 22.25 percent to MYR 210.97 million.

In the securities market, the bourse said its average daily trading value increased 35 percent year on year to MYR 3.3 billion, reflecting sustained investor participation.

”Bursa Malaysia delivered a resilient first-half performance, supported by strong trading activity, healthy fundraising momentum and continued confidence in the Malaysian capital market,

“During the period, Bursa Malaysia led ASEAN in both IPO count and funds raised, with 36 IPOs raising MYR 5.4 billion, underscoring our role as a trusted platform for companies seeking to raise capital for growth,” said Fad’l Mohamed, Chief Executive Officer of Bursa Malaysia.

Commenting on the outlook, he said while geopolitical developments and external market uncertainties continue to warrant close monitoring, Malaysia’s economic fundamentals remain supportive.

According to him, Malaysia’s favorable growth outlook for 2026, driven by sustained domestic demand and continued technology sector expansion, reinforces a conducive environment for capital formation and investment activity.

“We are confident in the outlook for IPO activity in the second half of the year, supported by a healthy pipeline and continued interest from companies seeking to raise growth capital through the public market,

“Against this backdrop, Bursa Malaysia remains focused on strengthening market quality, broadening investor access and enhancing market connectivity to support long-term growth,” he added.

It is noted that in the second quarter, Bursa Malaysia advanced key market development initiatives, including the MY Value Up Program and its Guidebook in collaboration with the Securities Commission Malaysia, while strengthening regional connectivity through its partnership with Hong Kong Exchanges and Clearing Limited.

These support the aspirations of the Capital Market Masterplan 2026-2030 to build a more vibrant, inclusive and internationally connected capital market, said the statement.

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