Malaysia stock market fell 1.3% as global forecast for Asian markets remains uncertain.
From Nasdaq: 2025-01-14 18:31:56
The Malaysia stock market finished lower for the second consecutive session, slipping over 1.3 percent. The Kuala Lumpur Composite Index closed just above 1,575 points, with a murky global forecast for Asian markets due to conflicting signals about interest rates. The KLCI saw losses from plantations and industrials, with financials and telecoms mixed. Oil prices dropped from five-month highs as focus shifted to Donald Trump’s proposed tariffs. The Dow rose 0.52 percent, the NASDAQ fell 0.23 percent, and the S&P 500 gained 0.11 percent on Tuesday. Producer prices rose slightly less than expected in December, easing concerns about inflation and interest rates.
Read more at Nasdaq: Malaysia Stock Market May Open Higher On Wednesday
