Malaysia stock market slightly down after winning streak, global markets optimistic, mixed results in sectors.

The Malaysia stock market has dipped slightly after a three-day winning streak, with the Kuala Lumpur Composite Index hovering just above 1,625 points. Global markets are optimistic on solid earnings and interest rate news, with Asian markets expected to follow suit. On Tuesday, the KLCI closed lower due to losses in financial and telecom sectors, while plantation stocks saw mixed results. The Dow, NASDAQ, and S&P 500 all closed at record highs, buoyed by positive earnings reports from UnitedHealth, Bank of America, and Morgan Stanley. Gold stocks surged, but oil prices fell for the third consecutive session.

Read more at Nasdaq.: Malaysia Bourse Expected To Remain Rangebound