Malaysia stock market rising, likely to see profit taking, global markets mixed

From Nasdaq: 2025-07-01 19:30:00

The Malaysia stock market has been on the rise, gaining over 25 points in four straight sessions. The Kuala Lumpur Composite Index is now above 1,540 points, but investors may lock in gains on Wednesday. Global markets are mixed to lower, with oil companies supporting while technology shares weaken. The KLCI closed higher on Tuesday, led by plantations and financials but telecoms saw weakness. Wall Street saw mixed performance, with the Dow up and the NASDAQ and S&P 500 down. Crude oil prices rose slightly amidst OPEC output increase plans.



Read more at Nasdaq: Malaysia Bourse Due For Profit Taking On Wednesday