Malaysia stock market expected to open lower, global market weak, KLCI fell, sectors mixed

From Nasdaq: 2025-03-20 19:29:35

The Malaysia stock market is expected to open lower on Friday after dropping over 20 points in consecutive trading days. Global markets are weak due to concerns over tariffs and the world economy. The KLCI fell by 0.89% on Thursday, closing at 1,504.16. Various sectors experienced mixed performances, with financials and telecoms seeing losses. The US markets closed slightly lower on Thursday, influenced by the Federal Reserve’s decision to leave interest rates unchanged. Oil prices rose after the US imposed new sanctions on Iran. Malaysia will release February consumer price figures today.



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