Malaysia stock market uptrend expected to continue, led by financial and industrial sectors

From Nasdaq: 2025-01-22 18:30:23

The Malaysia stock market has seen a four-day uptrend, gaining over 30 points, with the Kuala Lumpur Composite Index expected to open higher on Thursday. Global markets are positive, driven by tech shares. The KLCI closed slightly up on Wednesday, led by financial and industrial sectors. Axiata fell, while CIMB Group and Petronas Chemicals rose. Wall Street ended higher, with the Dow up 0.30%, NASDAQ up 1.28%, and S&P 500 up 0.61%. Positive earnings and news boosted markets. NASDAQ was lifted by Netflix’s strong results and Trump’s AI investment announcement. Oil prices fell on oversupply concerns.



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