Positive. Malaysia stock market expected to open higher based on global market trends.

From Nasdaq: 2025-03-16 19:29:33

The Malaysia stock market has risen for two consecutive sessions, gaining almost 30 points. The Kuala Lumpur Composite Index is expected to open higher on Monday, following positive global market trends in oil and technology sectors.

On Friday, the KLCI closed slightly higher, with gains from plantations and industrials. The index rose 0.14 percent to close at 1,512.15. Active stocks included 99 Speed Mart Retail, Axiata, Gamuda, and Nestle Malaysia.

Wall Street ended on a positive note, with the Dow rising 1.65 percent, NASDAQ up 2.61 percent, and S&P 500 climbing 2.13 percent. Oil prices also increased due to U.S. sanctions on Iranian oil.

In economic news, consumer sentiment deteriorated in March, with rising inflation expectations. Oil prices rose as U.S. sanctions eased concerns about excess supply.



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