The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
The KLCI finished slightly higher again on Monday following gains from the financial shares, weakness from the plantations and a mixed performance from the industrials. For the day, the index rose 5.39 points or 0.32 percent to finish at the daily high of 1,671.29 after trading as low as 1,663.12. Among the actives, 99 Speed Mart Retail sank 0.79 percent, while AMMB Holdings climbed 0.63 percent, Axiata plummeted 3.41 percent, Celcomdigi improved 0.30 percent, Gamuda soared 1.84 percent, IHH Healthcare jumped 1.17 percent, IOI Corporation slumped 0.98 percent, Kuala Lumpur Kepong perked 0.10 percent, Maxis shed 0.77 percent, Maybank collected 0.38 percent, MISC rallied 1.32 percent, MRDIY lost 0.66 percent, Nestle Malaysia tumbled 1.20 percent, Petronas Chemicals vaulted 0.84 percent, Petronas Dagangan skidded 1.01 percent, Petronas Gas rose 0.11 percent, PPB Group gained 0.19 percent, Press Metal surged 2.46 percent, Public Bank increased 0.22 percent, QL Resources dipped 0.25 percent, RHB Bank added 0.26 percent, Sime Darby advanced 0.48 percent, SD Guthrie stumbled 1.25 percent, Sunway spiked 1.43 percent, Telekom Malaysia fell 0.63 percent, Tenaga Nasional accelerated 1.35 percent, YTL Corporation dropped 0.94 percent, YTL Power slid 0.60 percent and CIMB Group was unchanged.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.