Renewed Selling Pressure Expected For Malaysia Shares
From Nasdaq: 2025-06-11 19:30:00
The Malaysia stock market has been fluctuating over the past four trading days, with the Kuala Lumpur Composite Index just below 1,525 points. Global markets are weak, with profit-taking expected. The KLCI saw a modest increase on Wednesday, led by gains in financial shares. Despite mixed performances from plantations and telecoms, the index added 6.89 points to finish at 1,523.84. Wall Street experienced a late downturn, with the Dow, NASDAQ, and S&P 500 all closing in the red. Crude oil prices surged due to trade talks between the U.S. and China, as well as tensions with Iran over a nuclear deal.
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