The Malaysia stock market is expected to open higher on Monday after two straight sessions of gains. The KLCI rose 0.29 percent on Friday, closing at 1,597.47. Financial shares led the gains, with Maxis surging 4.07 percent. The global market outlook is positive due to improved interest rate prospects. Wall Street also closed higher on Friday, with the Dow up 1.89 percent. Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium increased investor confidence in a rate cut next month. Crude oil prices rose slightly amid stalled Russia-Ukraine peace talks.

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