Malaysia stock market expected to stop losses, global markets cautiously optimistic

From Nasdaq: 2025-06-02 19:33:00

The Malaysia stock market has been on a downward trend ahead of the holiday, with the Kuala Lumpur Composite Index slipping more than 25 points in five sessions. Global markets are cautiously optimistic, with European markets slightly lower and U.S. markets slightly higher. The KLCI ended lower on Friday, with losses seen in telecoms and plantations. Among the active stocks were 99 Speed Mart Retail, Axiata, and CIMB Group. Wall Street saw a late rally, with the Dow adding 35.41 points. Trade concerns between the U.S. and China continue, but optimism remains over interest rates. Crude oil futures surged on geopolitical tensions and U.S. sanctions.



Read more at Nasdaq: Malaysia Bourse Expected To Halt Losing Streak