Malaysia stock market ends lower but global market outlook positive.

From Nasdaq: 2025-04-29 19:30:00

The Malaysia stock market ended lower on Tuesday, snapping a four-day winning streak. The Kuala Lumpur Composite Index closed just above 1,515 points, with losses in plantations and telecoms. However, the global forecast for Asian markets is positive, following gains in European and U.S. markets. Wall Street saw solid gains, with the Dow up 0.75%, NASDAQ up 0.55%, and S&P 500 up 0.58%. Positive trade developments and upcoming earnings reports from companies like Amazon, Apple, and Microsoft are driving market optimism. Crude oil futures fell 2.6% to $60.42 amid concerns about energy demand.



Read more at Nasdaq: Rebound Anticipated For Malaysia Stock Market