The Malaysia stock market saw gains for the second consecutive session, rising almost 1 percent. The Kuala Lumpur Composite Index is now above 1,525 points, but investors may take profits on Monday. Global markets are directionless, with oil and biotech stocks likely to face pressure. The KLCI ended slightly higher on Friday, with financials up but telecoms down. The index closed at 1,525.86 after trading between 1,522.97 and 1,529.52. Wall Street saw a mixed and flat close, with the Dow down 0.32 percent, NASDAQ up 0.05 percent, and S&P 500 down 0.01 percent. Crude oil prices fell due to OPEC’s demand forecast.
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