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Asian Market Updates

Renewed Support Called For Malaysia Stock Market

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

The Malaysia stock market on Wednesday ended the five-day winning streak in which it had advanced more than 35 points or 2.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,485-point plateau although it's expected to bounce higher again on Thursday.

The global forecast for the Asian markets is cautiously ahead of key U.S. inflation data later this week, which will affect the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.

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