The Malaysia stock market has dipped over 10 points in the last two sessions, with the Kuala Lumpur Composite Index hovering just above 1,575 points. Global market forecast is uncertain due to interest rate concerns, mirroring mixed performance in European and U.S. markets. On Friday, KLCI closed lower, driven by losses in plantations and industrials, while financials and telecoms saw mixed results. The Dow closed slightly up, while NASDAQ and S&P 500 ended in the red. Mixed U.S. economic data has raised uncertainty about the economy and interest rates, with consumer sentiment dipping and inflation expectations rising. Crude oil prices fell ahead of the U.S.-Russia meeting.
Read more at Nasdaq: Malaysia Bourse Likely To Remain Rangebound On Monday
