From Nasdaq: 2025-04-21 19:30:00

The Malaysia stock market has been on the rise, gaining almost 25 points in three consecutive sessions. However, the rally is expected to slow down due to concerns over a potential trade war. The KLCI closed just below 1,500 points, with telecoms seeing gains while financials and plantations showed mixed performance. Wall Street experienced a significant sell-off, with the Dow, NASDAQ, and S&P 500 all closing down over 2%. Trade war worries persist as China threatens retaliation against countries reaching trade deals with the U.S. Trump’s criticism of the Federal Reserve Chair also contributed to negative sentiment. Crude oil prices dropped on reports of progress in U.S.-Iran negotiations and ongoing trade war fears.



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