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Malaysia Bourse May Give Up Support At 1,600 Points

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

The Malaysia stock market turned lower again on Friday, one day after snapping the two-day slide in which it had slipped more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau and the losses may accelerate on Monday.

The global forecast for the Asian markets is bleak on concerns of an escalation in the trade war between U.S. and China. The European and U.S. markets were sharply lower and the Asian bourses are expected to follow that lead.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.