Malaysia stock market slightly fell with some companies rising; global market outlook positive.

From Nasdaq: 2025-03-24 19:29:00

The Malaysia stock market fell slightly on Monday, with the KLCI closing at 1,503.82. 99 Speed Mart Retail, CIMB Group, and Sime Darby all rose, while Petronas Dagangan and Sunway saw declines. The global market outlook is positive, driven by tech and oil. Wall Street ended higher, with the Dow rising 597.97 points, the NASDAQ up 404.54 points, and the S&P 500 gaining 100.01 points. President Trump may delay reciprocal tariffs, boosting investor confidence. Oil prices increased after Trump’s announcement of a 25% tariff on oil purchases from Venezuela. West Texas Intermediate Crude settled at $69.11/barrel.



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