Malaysia stock market fell on Monday due to tariff concerns and falling oil prices.
From Nasdaq.: 2025-05-05 19:00:00
The Malaysia stock market fell on Monday, with the Kuala Lumpur Composite Index finishing just below 1,540 points. Global markets are soft due to tariff concerns and falling oil prices. The KLCI dipped 0.19%, dragged down by telecoms and plantations. Among active stocks, 99 Speed Mart Retail stumbled 2.20% and YTL Corporation surged 3.63%. Meanwhile, on Wall Street, the Dow lost 0.24%, the NASDAQ fell 0.74%, and the S&P 500 sank 0.64%. The decline was driven by traders cashing in on recent gains and renewed trade concerns after President Trump’s tariff announcement. Crude oil prices hit a four-year low after OPEC+ agreed to increase production.
Read more at Nasdaq.: Malaysia Bourse May Extend Monday’s Losses
