Malaysia Bourse May Extend Tuesday’s Losses
From Nasdaq: 2025-06-17 19:30:00
The Malaysia stock market closed lower following losses in financial, plantation, and telecom sectors. The Kuala Lumpur Composite Index fell 0.55 percent to 1,511.64. Global markets are down due to rising tensions in the Middle East. The Dow dropped 0.70 percent, NASDAQ fell 0.91 percent, and S&P 500 sank 0.84 percent. Crude oil prices surged to $74.84 per barrel amid the conflict between Israel and Iran. President Trump’s early departure from the G7 summit raised concerns about escalation. U.S. retail sales also fell more than expected in May.
Read more at Nasdaq: Malaysia Bourse May Extend Tuesday’s Losses