The Malaysia stock market bounced higher on Thursday, with the KLCI finishing at 1,641.44 points after gains from financial and plantation stocks. The global forecast for Asian markets suggests mild upside. In the U.S., the Dow climbed to a record high, while the NASDAQ and S&P 500 closed mixed. Semiconductor stocks saw strength after Taiwan Semiconductor Manufacturing Company reported higher profits. Economic news showed an increase in retail sales and a drop in U.S. unemployment claims. Oil futures rose after a drop in crude inventories. Malaysia will release Q3 GDP and trade data today, following positive Q2 numbers.
Read more at Nasdaq: Little Movement Expected For Malaysia Stock Market
