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Malaysia Bourse May Stop The Bleeding On Wednesday

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The Malaysia stock market has moved lower in four straight sessions, sinking almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,450-point plateau although it's doe for support on Wednesday.

The global forecast for the Asian markets suggests mild upside on strength from technology shares and optimism over the outlook for interest rates. The European markets were mixed and flat and the U.S. bourses were up and the Asian markets figure to split the difference.

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Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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