The Malaysia stock market has ticked higher in two straight sessions, collecting more than 3 points or 0.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may spin its wheels on Friday.
The global forecast for the Asian markets remains murky on concerns over the outlook for interest rates. The European markets were down and the U.S. bourses were mixed and flat, and the Asian markets are expected to follow the latter lead.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.