The Malaysia stock market has finished higher in back-to-back sessions, collecting more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,700-point plateau and it's expected to see additional support on Tuesday. The global forecast for the Asian markets is upbeat, with oil prices being the main catalyst to the upside. The European and U.S. markets were slightly higher and the Asian bourses are expected to open in similar fashion. The KLCI finished modestly higher on Monday as gains from the financial shares and plantations were limited by weakness from the telecom sector. For the day, the index rose 8.90 points or 0.53 percent to finish at 1,695.44 after trading between 1,686.57 and 1,697.78. Among the actives, 99 Speed Mart Retail sank 0.76 percent, while AMMB Holdings eased 0.15 percent, Axiata lost 0.39 percent, Celcomdigi added 0.30 percent, CIMB Group and Maybank both expanded 0.74 percent, Gamuda was up 0.21 percent, IHH Healthcare rose 0.23 percent, IOI Corporation jumped 1.74 percent, Kuala Lumpur Kepong vaulted 1.30 percent, Maxis rallied 1.54 percent, MISC increased 0.38 percent, MRDIY surged 3.16 percent, Nestle Malaysia dropped 0.83 percent, Petronas Chemicals tumbled 1.83 percent, Petronas Dagangan spiked 2.48 percent, Petronas Gas advanced 0.66 percent, PPB Group perked 0.18 percent, Press Metal shed 0.42 percent, Public Bank gathered 0.22 percent, QL Resources accelerated 2.13 percent, RHB Bank collected 0.64 percent, Sime Darby climbed 0.96 percent, SD Guthrie soared 2.78 percent, Telekom Malaysia fell 0.25 percent, Tenaga Nasional gained 0.29 percent, YTL Corporation improved 0.49 percent, YTL Power strengthened 1.20 percent and Sunway was unchanged.
The lead from Wall Street suggests mild upside as the major averages opened lower on Monday but managed to break into the green shortly thereafter.
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Market Analysis
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.