The Malaysia stock market rebounded on Monday, with the KLCI finishing slightly higher at 1,603.34. Financial shares saw gains while telecoms and plantation stocks had a mixed performance. Among the active stocks, companies like AMMB Holdings, Gamuda, and MRDIY saw notable movements. The global market outlook remains positive on interest rate optimism. Wall Street also closed higher on Monday, with the Dow adding 66.27 points, the NASDAQ jumping 157.50 points, and the S&P 500 gaining 29.39 points. Crude oil prices remained stable amid oversupply concerns. Malaysia will release August consumer price data today.
Read more at Nasdaq: Malaysia Stock Market May See Additional Support On Tuesday
