The Malaysia stock market turned lower again on Monday, one session after ending the two-day slide in which it had dropped more than 20 points or 1.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,500-point plateau and it figures to bounce higher again on Tuesday.
The global forecast for the Asian markets is upbeat, with support expected from the technology stocks and oil companies. The European markets were slightly lower and the U.S. bourses were sharply higher and the Asian markets figure to follow the latter lead.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.