Malaysia Shares May Bounce Higher On Monday
From Nasdaq: 2025-06-08 19:30:00
The Malaysia stock market ended slightly lower on Friday, with the Kuala Lumpur Composite Index finishing just above 1,515 points. The global market forecast is positive, following strong U.S. employment data. On Wall Street, major averages surged, with the Dow up over 400 points. The Labor Department reported 139,000 new jobs in May, slightly beating expectations. This news boosted crude oil prices, with West Texas Intermediate crude up to $64.58 per barrel. Despite mixed performances in Europe, Asian markets are expected to follow the positive trend set by the U.S. markets.
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