The Malaysia stock market rebounded on Friday, with the KLCI climbing 1.09% to 1,600.13 points. Telecoms, financials, and industrials were among the top performers. Global markets are soft amid Middle East tensions. Wall Street closed mixed, with the Dow down 0.59%, NASDAQ up 0.44%, and S&P 500 down 0.05%. The Fed is expected to cut interest rates next week. Crude oil prices rose by 0.50% to $62.68 per barrel due to supply concerns from geopolitical conflicts. Traders are closely watching the Fed’s policy announcement for future rate cut clues.

Read more at Nasdaq MarketSite: Malaysia Bourse May Hand Back Friday’s Gains