The Malaysia stock market has been on the rise, with the Kuala Lumpur Composite Index nearing the 1,550-point mark. However, there may be consolidation on Friday due to conflicting reports on U.S. tariffs. The KLCI saw a modest increase on Thursday, driven by mixed performances from various sectors. Among active stocks were Maxis, Tenaga Nasional, and PPB Group. Wall Street ended the day little changed, with the Dow falling, the NASDAQ rising, and the S&P 500 dipping slightly. President Trump’s announcement of tariffs on semiconductors impacted market sentiment. In economic news, U.S. unemployment claims rose last week, while labor productivity rebounded in the second quarter. Crude oil prices fell due to uncertainty over U.S. policy on Russia’s invasion of Ukraine.

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