The Malaysia stock market has moved higher in two straight sessions, collecting more than 25 points of 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,640-point plateau although the rally may stall on Monday.
The global forecast for the Asian markets is negative on renewed pessimism over the outlook for interest rates. The European and U.S. markets were down and the Asian bourses figure to follow that 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.